The stock of FreightCar America Inc (NASDAQ: RAIL) has decreased by -9.73 when compared to last closing price of 13.67.Despite this, the company has seen a loss of -13.83% in its stock price over the last five trading days. zacks.com reported 2024-10-28 that 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.
Is It Worth Investing in FreightCar America Inc (NASDAQ: RAIL) Right Now?
Moreover, the 36-month beta value for RAIL is 2.08. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for RAIL is 14.31M and currently, short sellers hold a 1.75% of that float. On November 05, 2024, RAIL’s average trading volume was 397.44K shares.
RAIL’s Market Performance
RAIL’s stock has seen a -13.83% decrease for the week, with a -1.48% drop in the past month and a 271.06% gain in the past quarter. The volatility ratio for the week is 8.81%, and the volatility levels for the past 30 days are at 8.60% for FreightCar America Inc. The simple moving average for the past 20 days is -5.22% for RAIL’s stock, with a 129.91% simple moving average for the past 200 days.
Analysts’ Opinion of RAIL
Many brokerage firms have already submitted their reports for RAIL stocks, with Cowen repeating the rating for RAIL by listing it as a “Market Perform.” The predicted price for RAIL in the upcoming period, according to Cowen is $4.50 based on the research report published on November 01, 2019 of the previous year 2019.
Stifel gave a rating of “Hold” to RAIL, setting the target price at $19 in the report published on August 03rd of the previous year.
RAIL Trading at 12.89% from the 50-Day Moving Average
After a stumble in the market that brought RAIL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.06% of loss for the given period.
Volatility was left at 8.60%, however, over the last 30 days, the volatility rate increased by 8.81%, as shares surge +5.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +100.32% upper at present.
During the last 5 trading sessions, RAIL fell by -13.83%, which changed the moving average for the period of 200-days by +391.63% in comparison to the 20-day moving average, which settled at $13.02. In addition, FreightCar America Inc saw 357.04% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RAIL starting from De Nigris Felan Jose, who purchase 4,000 shares at the price of $10.19 back on Sep 27 ’24. After this action, De Nigris Felan Jose now owns 73,147 shares of FreightCar America Inc, valued at $40,741 using the latest closing price.
GEHL WILLIAM D, the Director of FreightCar America Inc, sale 10,000 shares at $10.83 during a trade that took place back on Sep 17 ’24, which means that GEHL WILLIAM D is holding 147,608 shares at $108,300 based on the most recent closing price.
Stock Fundamentals for RAIL
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.1 for the gross margin
The net margin for FreightCar America Inc stands at -0.01. The total capital return value is set at 0.11.
Based on FreightCar America Inc (RAIL), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 1.52. The debt to equity ratio resting at 1.14. The interest coverage ratio of the stock is 3.6.
Currently, EBITDA for the company is 18.44 million with net debt to EBITDA at 0.4. When we switch over and look at the enterprise to sales, we see a ratio of 0.49. The receivables turnover for the company is 31.05for trailing twelve months and the total asset turnover is 2.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.87.
Conclusion
To wrap up, the performance of FreightCar America Inc (RAIL) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
