In last trading session, FreightCar America Inc (NASDAQ:RAIL) saw 0.4 million shares changing hands with its beta currently measuring 1.93. Company’s recent per share price level of $5.07 trading at $0.6 or 13.42% at ring of the bell on the day assigns it a market valuation of $95.67M. That closing price of RAIL’s stock is at a premium of 5.33% from its 52-week high price of $4.80 and is indicating a premium of 55.62% from its 52-week low price of $2.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.13 million shares which gives us an average trading volume of 41.64K if we extend that period to 3-months.
For FreightCar America Inc (RAIL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.07 in the current quarter.
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FreightCar America Inc (NASDAQ:RAIL) trade information
Upright in the green during last session for gaining 13.42%, in the last five days RAIL remained trading in the green while hitting it’s week-highest on Friday, 08/16/24 when the stock touched $5.07 price level, adding 1.17% to its value on the day. FreightCar America Inc’s shares saw a change of 87.78% in year-to-date performance and have moved 50.00% in past 5-day. FreightCar America Inc (NASDAQ:RAIL) showed a performance of 60.44% in past 30-days. Number of shares sold short was 87141.0 shares which calculate 3.47 days to cover the short interests.
FreightCar America Inc (RAIL) estimates and forecasts
Statistics highlight that FreightCar America Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 63.02% of value to its shares in past 6 months, showing an annual growth rate of 158.97% while that of industry is 14.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 53.80% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 127.1M for the same. And 1 analysts are in estimates of company making revenue of 135.3M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 18.51% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 164.10% while estimates for its earnings growth in next 5 years are of 3.00%.
FreightCar America Inc (NASDAQ:RAIL)’s Major holders
Insiders are in possession of 27.26% of company’s total shares while institution are holding 30.39 percent of that, with stock having share float percentage of 41.78%. Investors also watch the number of corporate investors in a company very closely, which is 30.39% institutions for FreightCar America Inc that are currently holding shares of the company. CONTINENTAL GENERAL INSURANCE CO is the top institutional holder at RAIL for having 1.58 million shares of worth $6.1 million. And as of 2024-03-31, it was holding 5.3534 of the company’s outstanding shares.
The second largest institutional holder is ALLIANZ ASSET MANAGEMENT GMBH, which was holding about 1.55 million shares on 2024-03-31. The number of shares represents firm’s hold over 5.2308 of outstanding shares, having a total worth of $5.96 million.
