American Railcar Industries (ARII) to Release Earnings on Wednesday
American Railcar Industries (NASDAQ:ARII) will release its Q313 earnings data on Wednesday, October 30th. Analysts expect American Railcar Industries to post earnings of $0.97 per share and revenue of $179.15 million for the quarter.
Shares of American Railcar Industries (NASDAQ:ARII) traded down 0.79% on Tuesday, hitting $40.16. 238,408 shares of the company’s stock traded hands. American Railcar Industries has a 52 week low of $25.85 and a 52 week high of $47.10. The stock’s 50-day moving average is $36.00 and its 200-day moving average is $37.11. The company has a market cap of $857.5 million and a P/E ratio of 10.80.
A number of analysts have recently weighed in on ARII shares. Analysts at Avondale Partners downgraded shares of American Railcar Industries from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, October 17th. On the ratings front, analysts at Standpoint Research reiterated a “buy” rating on shares of American Railcar Industries in a research note to investors on Tuesday, October 8th. They now have a $44.00 price target on the stock. Finally, analysts at Raymond James raised their price target on shares of American Railcar Industries from $41.00 to $44.00 in a research note to investors on Tuesday, October 8th. They now have an “outperform” rating on the stock. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $42.40.
American Railcar Industries, Inc is a North American designer and manufacturer of hopper and tank railcars.
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