Sidoti Csr Predicts Stronger Earnings for FreightCar America

FreightCar America, Inc. (NASDAQ:RAIL) – Analysts at Sidoti Csr lifted their FY2025 earnings per share (EPS) estimates for shares of FreightCar America in a research report issued to clients and investors on Monday, January 13th. Sidoti Csr analyst B. Mccarthy now anticipates that the transportation company will post earnings of $0.72 per share for the year, up from their prior forecast of $0.70. The consensus estimate for FreightCar America’s current full-year earnings is $0.09 per share. Sidoti Csr also issued estimates for FreightCar America’s Q4 2025 earnings at $0.22 EPS and FY2026 earnings at $0.88 EPS.

Separately, StockNews.com upgraded FreightCar America from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th.

FreightCar America Trading Up 2.0 %

Shares of NASDAQ:RAIL opened at $10.20 on Tuesday. The stock has a fifty day simple moving average of $10.22 and a two-hundred day simple moving average of $8.51. FreightCar America has a 12-month low of $2.43 and a 12-month high of $16.10. The stock has a market capitalization of $192.72 million, a price-to-earnings ratio of -2.41 and a beta of 1.96.

Insider Transactions at FreightCar America

In other FreightCar America news, Director James R. Meyer purchased 23,400 shares of the firm’s stock in a transaction dated Thursday, November 14th. The stock was purchased at an average price of $10.74 per share, for a total transaction of $251,316.00. Following the completion of the purchase, the director now directly owns 838,278 shares of the company’s stock, valued at $9,003,105.72. This trade represents a 2.87 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 28.00% of the company’s stock.

Hedge Funds Weigh In On FreightCar America

Hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC bought a new stake in shares of FreightCar America in the third quarter worth approximately $1,067,000. Barclays PLC purchased a new stake in FreightCar America in the third quarter worth approximately $73,000. Walleye Capital LLC bought a new stake in FreightCar America in the 3rd quarter worth approximately $813,000. State Street Corp raised its stake in FreightCar America by 21.6% during the 3rd quarter. State Street Corp now owns 53,958 shares of the transportation company’s stock valued at $582,000 after buying an additional 9,600 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of FreightCar America by 12.4% during the 3rd quarter. Geode Capital Management LLC now owns 180,618 shares of the transportation company’s stock valued at $1,950,000 after buying an additional 19,890 shares during the period. 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.