FreightCar America Inc (NASDAQ: RAIL) kicked off on Monday, up 6.82% from the previous trading day, before settling in for the closing price of $6.16. Over the past 52 weeks, RAIL has traded in a range of $2.25-$6.23.
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Industrials Sector giant saw their annual sales surged by 16.97% over the last five years. While this was happening, its average annual earnings per share was recorded 164.10%. With a float of $14.23 million, this company’s outstanding shares have now reached $17.90 million.
The firm has a total of 2023 workers. Let’s measure their productivity. In terms of profitability, gross margin is 10.25%, operating margin of 3.07%, and the pretax margin is -0.46%.
FreightCar America Inc (RAIL) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Railroads Industry. The insider ownership of FreightCar America Inc is 24.63%, while institutional ownership is 30.26%. The most recent insider transaction that took place on Dec 14 ’23, was worth 52,216. In this transaction 10% Owner of this company bought 21,400 shares at a rate of $2.44, taking the stock ownership to the 180,000 shares.
FreightCar America Inc (RAIL) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.14 earnings per share (EPS), lower than consensus estimate (set at -0.03) by -0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 164.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% during the next five years compared to 18.51% growth over the previous five years of trading.
FreightCar America Inc (NASDAQ: RAIL) Trading Performance Indicators
Take a look at FreightCar America Inc’s (RAIL) current performance indicators. Last quarter, stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25. Likewise, its price to free cash flow for the trailing twelve months is 2.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.70, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.47 in one year’s time.
Technical Analysis of FreightCar America Inc (RAIL)
Analysing the last 5-days average volume posted by the [FreightCar America Inc, RAIL], we can find that recorded value of 0.33 million was better than the volume posted last year of 56346.0. As of the previous 9 days, the stock’s Stochastic %D was 91.40%. Additionally, its Average True Range was 0.41.
During the past 100 days, FreightCar America Inc’s (RAIL) raw stochastic average was set at 92.71%, which indicates a significant increase from 92.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.76% in the past 14 days, which was higher than the 70.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.77, while its 200-day Moving Average is $3.27. Now, the first resistance to watch is $6.90. This is followed by the second major resistance level at $7.21. The third major resistance level sits at $7.57. If the price goes on to break the first support level at $6.23, it is likely to go to the next support level at $5.87. Should the price break the second support level, the third support level stands at $5.56.
FreightCar America Inc (NASDAQ: RAIL) Key Stats
The company with the Market Capitalisation of 124.16 million has total of 18,711K Shares Outstanding. Its annual sales at the moment are 358,090 K in contrast with the sum of -23,590 K annual income. Company’s last quarter sales were recorded 147,420 K and last quarter income was 8,180 K.
