FreightCar America (RAIL) Set to Announce Earnings on Friday
FreightCar America (NASDAQ:RAIL) is scheduled to post its Q114 quarterly earnings results on Friday, May 2nd. Analysts expect FreightCar America to post earnings of $0.06 per share and revenue of $85.88 million for the quarter.
Shares of FreightCar America (NASDAQ:RAIL) opened at 26.26 on Thursday. FreightCar America has a 52 week low of $16.53 and a 52 week high of $27.26. The stock has a 50-day moving average of $24.39 and a 200-day moving average of $24.18. The company’s market cap is $316.6 million.
A number of research firms have recently commented on RAIL. Analysts at Longbow Research reiterated a “buy” rating on shares of FreightCar America in a research note on Tuesday. They now have a $30.00 price target on the stock, up previously from $27.00. On a related note, analysts at Zacks upgraded shares of FreightCar America from an “underperform” rating to a “neutral” rating in a research note on Monday. They now have a $27.30 price target on the stock. Finally, analysts at Stephens downgraded shares of FreightCar America from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, March 11th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $26.08.
FreightCar America, Inc (NASDAQ:RAIL) is engaged in manufacturing of aluminum-bodied railcars in North America.
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