Shares of FreightCar America stock opened at $3.61 on Tuesday. The company has a fifty day moving average price of $4.66 and a 200 day moving average price of $4.39. The stock has a market cap of $59.69 million, a price-to-earnings ratio of -3.14 and a beta of 2.23. FreightCar America has a twelve month low of $3.06 and a twelve month high of $7.69.
FreightCar America (NASDAQ:RAIL – Get Rating) last posted its quarterly earnings data on Tuesday, May 10th. The transportation company reported ($0.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.14). The firm had revenue of $93.24 million during the quarter. FreightCar America had a negative net margin of 10.05% and a negative return on equity of 3,048.14%. During the same period in the prior year, the firm posted ($0.48) earnings per share. On average, analysts predict that FreightCar America will post -0.27 earnings per share for the current year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. McClarren Financial Advisors Inc. acquired a new stake in FreightCar America during the first quarter worth about $73,000. Jane Street Group LLC raised its stake in FreightCar America by 95.8% during the first quarter. Jane Street Group LLC now owns 41,093 shares of the transportation company’s stock worth $243,000 after acquiring an additional 20,107 shares during the period. Belvedere Trading LLC acquired a new stake in FreightCar America during the first quarter worth about $141,000. Minerva Advisors LLC grew its position in FreightCar America by 9.3% in the 4th quarter. Minerva Advisors LLC now owns 671,281 shares of the transportation company’s stock worth $2,470,000 after purchasing an additional 57,160 shares during the last quarter. Finally, Ancora Advisors LLC bought a new position in FreightCar America in the 1st quarter worth about $386,000. Hedge funds and other institutional investors own 86.59% of the company’s stock.
FreightCar America Company Profile (Get Rating)
FreightCar America, Inc, through its subsidiaries, designs, manufactures, and sells railcars and railcar components for the transportation of bulk commodities and containerized freight products primarily in North America. It operates in two segments, Manufacturing and Parts. The company offers a range of freight cars, including open top hoppers; covered hopper cars; gondolas; triple hoppers and hybrid aluminum/stainless steel railcars; ore hopper and gondola railcars; ballast hopper cars; aggregate hopper cars; intermodal flats; and non-intermodal flat cars.
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