Freightcar America Stock Today

RAIL Stock  USD 9.45  0.20  2.07%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 34

 
High
 
Low
Below Average
Freightcar America is selling for 9.45 as of the 24th of November 2024. This is a 2.07 percent decrease since the beginning of the trading day. The stock's lowest day price was 9.17. Freightcar America has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Freightcar America are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of May 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
6th of April 2005
Category
Industrials
FreightCar America, Inc., through its subsidiaries, designs, manufactures, and sells railcars and railcar components for the transportation of bulk commodities and containerized freight products primarily in North America. FreightCar America, Inc. was founded in 1901 and is headquartered in Chicago, Illinois. The company has 18.89 M outstanding shares of which 442.41 K shares are at this time shorted by private and institutional investors with about 1.04 trading days to cover. More on Freightcar America

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Freightcar Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentDan Wallace
Thematic IdeaShipbuilding Railroad Equipment (View all Themes)
Business ConcentrationConstruction Machinery & Heavy Transportation Equipment, Capital Goods, Industrials, OMX Stockholm Small, OMX Stockholm, NASDAQ Composite, Shipbuilding Railroad Equipment, Industrials, Machinery, Railroads, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.781.3802
Significantly Up
Very volatile
Total Current Liabilities144.2 M137.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total86 M84.8 M
Fairly Up
Pretty Stable
Total Assets235.4 M259.5 M
Moderately Down
Slightly volatile
Total Current Assets208.9 M180.4 M
Fairly Up
Pretty Stable
Debt Levels
Freightcar America can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Freightcar America's financial leverage. It provides some insight into what part of Freightcar America's total assets is financed by creditors.
Liquidity
Freightcar America currently holds 73.85 M in liabilities with Debt to Equity (D/E) ratio of 2.8, implying the company greatly relies on financing operations through barrowing. Freightcar America has a current ratio of 1.72, which is within standard range for the sector. Note, when we think about Freightcar America's use of debt, we should always consider it together with its cash and equity.

Net Income

(22.41 Million)
Freightcar America (RAIL) is traded on NASDAQ Exchange in USA. It is located in 125 South Wacker Drive, Chicago, IL, United States, 60606 and employs 2,023 people. Freightcar America is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 178.55 M. Freightcar America conducts business under Machinery sector and is part of Industrials industry. The entity has 18.89 M outstanding shares of which 442.41 K shares are at this time shorted by private and institutional investors with about 1.04 trading days to cover. Freightcar America currently holds about 17.6 M in cash with 4.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.05.
Check Freightcar America Probability Of Bankruptcy
Ownership Allocation
Freightcar America holds a total of 18.89 Million outstanding shares. Freightcar America retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Freightcar Ownership Details

Freightcar Stock Institutional Holders

InstituionRecorded OnShares
Bridgeway Capital Management, Llc2024-06-30
50 K
Ubs Group Ag2024-06-30
46 K
State Street Corp2024-06-30
44.4 K
Citadel Advisors Llc2024-06-30
35.6 K
Dimensional Fund Advisors, Inc.2024-09-30
33.7 K
Northern Trust Corp2024-09-30
31.8 K
Raymond James & Associates2024-09-30
25.1 K
Hillsdale Investment Management Inc.2024-09-30
23.5 K
Bank Of America Corp2024-06-30
11.5 K
Allianz Asset Management Ag2024-06-30
1.5 M
Vanguard Group Inc2024-09-30
582.6 K
View Freightcar America Diagnostics

Freightcar America Historical Income Statement

At this time, Freightcar America's Selling General Administrative is quite stable compared to the past year. Non Operating Income Net Other is expected to rise to about 4.7 M this year, although the value of Operating Income will most likely fall to about 5.3 M. View More Fundamentals

Freightcar Stock Against Markets

Freightcar America Corporate Management

Steve CianciSenior MarketingProfile
Nicholas RandallChief OfficerProfile
Juan SierraCorporate OfficerProfile
Celia JDGeneral ResourcesProfile
James MeyerExecutive BoardProfile
Jesus BenavidesVP DirectorProfile
When determining whether Freightcar America is a strong investment it is important to analyze Freightcar America's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Freightcar America's future performance. For an informed investment choice regarding Freightcar Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Freightcar America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freightcar America. If investors know Freightcar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freightcar America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.31)
Revenue Per Share
16.728
Quarterly Revenue Growth
0.664
Return On Assets
0.0577
Return On Equity
(0.09)
The market value of Freightcar America is measured differently than its book value, which is the value of Freightcar that is recorded on the company's balance sheet. Investors also form their own opinion of Freightcar America's value that differs from its market value or its book value, called intrinsic value, which is Freightcar America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freightcar America's market value can be influenced by many factors that don't directly affect Freightcar America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freightcar America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightcar America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightcar America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.