Sidoti Forecasts Reduced Earnings for Freightcar America

Freightcar America, Inc. (NASDAQ:RAIL) – Equities research analysts at Sidoti dropped their Q2 2026 earnings estimates for shares of Freightcar America in a report issued on Thursday, April 23rd. Sidoti analyst B. Mccarthy now expects that the transportation company will post earnings per share of $0.03 for the quarter, down from their prior estimate of $0.05. The consensus estimate for Freightcar America’s current full-year earnings is $0.44 per share. Sidoti also issued estimates for Freightcar America’s Q1 2027 earnings at $0.10 EPS, Q2 2027 earnings at $0.16 EPS, Q3 2027 earnings at $0.26 EPS and Q4 2027 earnings at $0.25 EPS.

Freightcar America (NASDAQ:RAIL) last released its quarterly earnings data on Monday, March 9th. The transportation company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). The business had revenue of $125.57 million for the quarter, compared to the consensus estimate of $144.95 million. Freightcar America had a negative return on equity of 15.54% and a net margin of 7.61%.

A number of other equities research analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Freightcar America from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Weiss Ratings upgraded shares of Freightcar America from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $9.00.

Freightcar America Stock Performance

NASDAQ:RAIL opened at $8.75 on Friday. The company has a 50-day moving average of $10.18 and a 200-day moving average of $10.10. The company has a market capitalization of $166.86 million, a price-to-earnings ratio of 7.88 and a beta of 1.70. Freightcar America has a 52 week low of $5.61 and a 52 week high of $14.90.

Institutional Investors Weigh In On Freightcar America

Several institutional investors have recently modified their holdings of RAIL. Cubist Systematic Strategies LLC acquired a new stake in shares of Freightcar America during the 1st quarter worth approximately $147,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Freightcar America during the 1st quarter worth approximately $61,000. Goldman Sachs Group Inc. grew its position in shares of Freightcar America by 58.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 106,656 shares of the transportation company’s stock worth $590,000 after buying an additional 39,506 shares during the period. Jane Street Group LLC grew its position in shares of Freightcar America by 13.1% during the 1st quarter. Jane Street Group LLC now owns 108,724 shares of the transportation company’s stock worth $601,000 after buying an additional 12,610 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Freightcar America during the 2nd quarter worth approximately $813,000. Institutional investors and hedge funds own 31.96% of the company’s stock.

Freightcar America Company Profile

FreightCar America, Inc is a designer and manufacturer of specialized railroad freight cars, offering a diverse range of products that include tank cars, open and covered hoppers, gondolas, boxcars and centerbeam lumber cars. The company supports both new car construction and the rebuilding of existing fleets, providing custom engineering solutions to meet customer specifications and industry regulations. FreightCar America also supplies aftermarket parts, maintenance services and component remanufacturing for its own fleet and for third-party car owners.

Headquartered in Chicago, Illinois, FreightCar America traces its origins to early 20th-century railcar builders and began trading as an independent, publicly-listed company on the NASDAQ under the ticker RAIL following a spin-off in 2010.