Q1 EPS Forecast for FreightCar America Lowered by Analyst

FreightCar America, Inc. (NASDAQ:RAIL) – Research analysts at Noble Financial cut their Q1 2025 EPS estimates for FreightCar America in a note issued to investors on Wednesday, February 19th. Noble Financial analyst M. Reichman now forecasts that the transportation company will post earnings per share of $0.10 for the quarter, down from their previous forecast of $0.21. The consensus estimate for FreightCar America’s current full-year earnings is $0.09 per share. Noble Financial also issued estimates for FreightCar America’s FY2025 earnings at $0.46 EPS, FY2026 earnings at $0.56 EPS, FY2027 earnings at $0.62 EPS, FY2028 earnings at $0.82 EPS and FY2029 earnings at $0.88 EPS.

Separately, StockNews.com raised shares of FreightCar America from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th.

FreightCar America Stock Down 4.8 %

RAIL opened at $9.38 on Friday. FreightCar America has a fifty-two week low of $2.86 and a fifty-two week high of $16.10. The company has a fifty day moving average of $10.91 and a two-hundred day moving average of $10.18.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in FreightCar America in the third quarter valued at $49,000. JPMorgan Chase & Co. increased its stake in shares of FreightCar America by 98.4% during the third quarter. JPMorgan Chase & Co. now owns 4,599 shares of the transportation company’s stock worth $50,000 after purchasing an additional 2,281 shares in the last quarter. Globeflex Capital L P purchased a new stake in shares of FreightCar America during the fourth quarter worth about $69,000. Barclays PLC purchased a new stake in shares of FreightCar America during the third quarter worth about $73,000. Finally, Ritholtz Wealth Management purchased a new stake in shares of FreightCar America during the fourth quarter worth about $104,000. Hedge funds and other institutional investors own 31.96% of the company’s stock.

FreightCar America Company Profile

FreightCar America, Inc, through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico. It operates in two segments, Manufacturing and Parts. The company offers a range of railcars, including open top hoppers, mill gondola cars, intermodal and non-intermodal flat cars, coal cars; bulk commodity cars covered hopper cars, coil steel cars, boxcars, woodchip hoppers, aluminum vehicle carriers, and articulated bulk container railcars.