Freightcar America Inc (NASDAQ:RAIL) Institutional Investors Sentiment Index Up in Q2 2017

November 14, 2017 - By Peter Erickson

 Freightcar America Inc (NASDAQ:RAIL) Institutional Investors Sentiment Index  Up in  Q2 2017

Sentiment for Freightcar America Inc (NASDAQ:RAIL)

Freightcar America Inc (NASDAQ:RAIL) institutional sentiment increased to 1.49 in Q2 2017. Its up 0.23, from 1.26 in 2017Q1. The ratio is better, as 52 institutional investors started new or increased holdings, while 35 cut down and sold stock positions in Freightcar America Inc. The institutional investors in our partner’s database now hold: 9.51 million shares, up from 8.68 million shares in 2017Q1. Also, the number of institutional investors holding Freightcar America Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 14 Reduced: 21 Increased: 24 New Position: 28.

FreightCar America, Inc. is a manufacturer of railcars and railcar components. The company has market cap of $192.75 million. The Firm operates in the Manufacturing segment. It currently has negative earnings. The Firm creates and makes a range of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars.

About 5,633 shares traded. FreightCar America, Inc. (NASDAQ:RAIL) has risen 17.23% since November 14, 2016 and is uptrending. It has outperformed by 0.53% the S&P500.

Analysts await FreightCar America, Inc. (NASDAQ:RAIL) to report earnings on February, 26. They expect $-0.37 earnings per share, down 628.57 % or $0.44 from last year’s $0.07 per share. After $-0.73 actual earnings per share reported by FreightCar America, Inc. for the previous quarter, Wall Street now forecasts -49.32 % EPS growth.

Walthausen & Co. Llc holds 0.76% of its portfolio in FreightCar America, Inc. for 444,290 shares. Shufro Rose & Co Llc owns 378,713 shares or 0.7% of their US portfolio. Moreover, Tfs Capital Llc has 0.33% invested in the company for 48,715 shares. The Illinois-based Oberweis Asset Management Inc has invested 0.29% in the stock. Malaga Cove Capital Llc, a California-based fund reported 23,676 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 2 selling transactions for $94,414 activity.

FreightCar America, Inc. (NASDAQ:RAIL) Ratings Coverage

Ratings analysis reveals 0 of FreightCar America’s analysts are positive. Out of 3 Wall Street analysts rating FreightCar America, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $13 while the high is $24. The stock’s average target of $18 is 15.76% above today’s ($15.55) share price. RAIL was included in 11 notes of analysts from August 7, 2015. The stock has “Market Perform” rating by Cowen & Co on Wednesday, November 2. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, July 13. The stock has “Hold” rating by Cowen & Co on Friday, September 8. As per Friday, August 7, the company rating was upgraded by Zacks. The firm earned “Hold” rating on Tuesday, September 19 by Stifel Nicolaus. The stock of FreightCar America, Inc. (NASDAQ:RAIL) has “Neutral” rating given on Wednesday, May 4 by Longbow. As per Wednesday, June 21, the company rating was initiated by Longbow. The rating was maintained by Stifel Nicolaus on Tuesday, November 7 with “Hold”. The stock of FreightCar America, Inc. (NASDAQ:RAIL) earned “Hold” rating by Cowen & Co on Monday, July 10. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, August 3.

More notable recent FreightCar America, Inc. (NASDAQ:RAIL) news were published by: Seekingalpha.com which released: “FreightCar America’s (RAIL) CEO Jim Meyer on Q2 2017 Results – Earnings Call …” on August 06, 2017, also Chicagobusiness.com with their article: “FreightCar America names new CEO” published on July 18, 2017, Seekingalpha.com published: “The Long Case For FreightCar America” on January 30, 2017. More interesting news about FreightCar America, Inc. (NASDAQ:RAIL) were released by: Seekingalpha.com and their article: “Freightcar America Hasn’t Bottomed” published on February 28, 2017 as well as Seekingalpha.com‘s news article titled: “FreightCar America: This Railcar Maker Is On Track To Be Acquired” with publication date: December 27, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.