RAIL icon

FreightCar America

8.88 USD
+0.05
0.57%
At close Dec 20, 4:00 PM EST
1 day
0.57%
5 days
-14.20%
1 month
-15.51%
3 months
-20.93%
6 months
145.30%
Year to date
230.11%
1 year
249.61%
5 years
337.44%
10 years
-65.86%
 

About: FreightCar America Inc is a manufacturer of railcars and components, serving diverse transportation needs primarily in North America. The company designs and produces a wide range of railcar types, including box cars, hoppers, covered hoppers, gondolas, and flat cars for both intermodal and non-intermodal freight. Its clientele includes shippers, railroads, and financial institutions. The company has two segments: Manufacturing and Parts. The Manufacturing segment encompasses new railcar manufacturing, used railcar sales, leasing, and major rebuilds, while the Parts segment, along with corporate activities, constitutes Corporate and Other. The company's revenue is predominantly derived from its Manufacturing segment, with all revenue generated within the United States.

Employees: 2,023

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

242% more capital invested

Capital invested by funds: $20.2M [Q2] → $69.2M (+$49M) [Q3]

178% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 9

155% more call options, than puts

Call options by funds: $1.03M | Put options by funds: $405K

57% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 7

44% more funds holding

Funds holding: 36 [Q2] → 52 (+16) [Q3]

3.29% more ownership

Funds ownership: 30.98% [Q2] → 34.27% (+3.29%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for RAIL.

Financial journalist opinion

Neutral
GlobeNewsWire
3 weeks ago
FreightCar America, Inc. to Present at NobleCon20
CHICAGO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that the Company will present and conduct investor meetings at Noble Capital Markets' Emerging Growth Equity Conference on December 3-4, 2024 in Boca Raton, Florida.
FreightCar America, Inc. to Present at NobleCon20
Negative
Seeking Alpha
1 month ago
FreightCar America: Market Overreacted To Missing Revenues And Tariff Risks
FreightCar America's Q3 2024 results showed a positive EPS surprise but missed revenue targets, causing a 36% drop in share price. Despite market concerns, the drop in share price seems overblown given RAIL's maintained guidance and market share gains. Tariff impacts on steel costs are a concern, but the risk is mitigated by low reliance on Chinese imports.
FreightCar America: Market Overreacted To Missing Revenues And Tariff Risks
Neutral
Seeking Alpha
1 month ago
FreightCar America, Inc. (RAIL) Q3 2024 Earnings Call Transcript
FreightCar America, Inc. (NASDAQ:RAIL ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Chris O'Dea - Riverton Investor Relations Nicholas Randall - President and Chief Executive officer Mike Riordan - Chief Financial Officer Matthew Tonn - Chief Commercial Officer. Conference Call Participants Mark Reichman - Noble Capital Markets Brendan McCarthy - Sidoti & Company Operator Welcome to FreightCar America's Third Quarter 2014 Earnings Conference Call.
FreightCar America, Inc. (RAIL) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Freightcar America (RAIL) Surpasses Q3 Earnings Estimates
Freightcar America (RAIL) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.14 per share a year ago.
Freightcar America (RAIL) Surpasses Q3 Earnings Estimates
Neutral
GlobeNewsWire
1 month ago
FreightCar America, Inc. Reports Third Quarter 2024 Results
Company delivers 83% year-over-year revenue growth with strong gross margin Raises mid-point of full year Adjusted EBITDA guidance CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenues of $113.3 million on 961 railcar deliveries, compared to revenues of $61.9 million on 503 railcar deliveries in the third quarter of 2023, up 83% and 91% respectively Gross margin of 14.3% with gross profit of $16.2 million, compared to gross margin of 14.9% with gross profit of $9.2 million in the third quarter of 2023 Net loss of ($107.0) million, or ($3.57) per share and Adjusted net income of $7.3 million, or $0.08 per share, driven by a ($110.0) million non-cash loss on warrant liability due to a significant appreciation in share price Adjusted EBITDA of $10.9 million, compared to Adjusted EBITDA of $3.5 million in the third quarter of 2023, up 211% Ended the quarter with a backlog of 3,611 units valued at $372 million “We again demonstrate the power of our disciplined approach to growth and operational excellence.
FreightCar America, Inc. Reports Third Quarter 2024 Results
Neutral
GlobeNewsWire
1 month ago
FreightCar America, Inc. to Present at Sidoti Micro-Cap Virtual Conference
CHICAGO, Nov. 06, 2024 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that the Company will present, and conduct one-on-one meetings with investors, at the Sidoti Micro-Cap Virtual Conference, on November 13-14, 2024.
FreightCar America, Inc. to Present at Sidoti Micro-Cap Virtual Conference
Positive
Zacks Investment Research
1 month ago
Freightcar America (RAIL) Earnings Expected to Grow: What to Know Ahead of Q3 Release
Freightcar America (RAIL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Freightcar America (RAIL) Earnings Expected to Grow: What to Know Ahead of Q3 Release
Positive
Zacks Investment Research
1 month ago
Freightcar America (RAIL) Soars 10.7%: Is Further Upside Left in the Stock?
Freightcar America (RAIL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Freightcar America (RAIL) Soars 10.7%: Is Further Upside Left in the Stock?
Positive
Seeking Alpha
1 month ago
RAIL's Soaring Potential Chained By Dilution Risk
RAIL's operational improvements, including the new facility in Mexico, have led to significant revenue and EBITDA growth. RAIL's financial health has improved, with strong cash flow and reduced net debt. Despite these positives, the potential dilution from outstanding warrants and stock options caps the stock's upside.
RAIL's Soaring Potential Chained By Dilution Risk
Neutral
GlobeNewsWire
1 month ago
FreightCar America, Inc. to Present at LD Micro Conference
CHICAGO, Oct. 22, 2024 (GLOBE NEWSWIRE) --  FreightCar America, Inc. (NASDAQ: RAIL or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced that the Company will present, and conduct one-on-one meetings with investors, at the LD Micro Main Event XVII on October 29, 2024 in Los Angeles.
FreightCar America, Inc. to Present at LD Micro Conference
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