Type
|
Public |
---|---|
Traded as | NASDAQ: RAIL |
Industry | Rail transport |
Founded | 1901 |
Headquarters | Chicago, United States |
Products | Freight cars |
Revenue | $141.3 million (2010) |
Website | freightcaramerica |
FreightCar America is a manufacturer of freight cars for the railway industry.
The company began operations in 1901, and is headquartered in Chicago, Illinois. It is engaged in the business of building, repairing, and leasing freight cars, largely for the transportation of bulk materials like coal, metals, wood products and automobiles. In addition to the freight cars it constructs, the company also manufactures parts for use in cars built by other companies.
It owns three factories—one in Danville, Illinois, one in the Muscle Shoals, Alabama and one in Roanoke, Virginia. The facility in Roanoke was closed in 2009 due to weak economic conditions, but it was announced on 21 February 2011 that it would reopen after an order for 1,500 coal cars from the Norfolk Southern Railway.
In 2008, the company produced 10,349 freight cars, but its output decreased to 3,377 cars in 2009. During fiscal year 2010, FreightCar America had a profit of $36.52 million on revenue of $141.3 million.
In June 2014 the Danville plant brought back over 100 employees with promises of work and being able to retire from the plant. They are set to be laid off indefinitely the end of February 2016.
In mid-February 2017 the company announced layoffs at its Roanoke plant. This was followed by an announcement at the end of March 2017 that FreightCar America would idle the plant in June.
On October 25, 2016, a shooting occurred at a FreightCar America building in Roanoke, Virginia. Getachew Fekede, a 53-year-old former employee and Kenyan refugee who moved to the U.S. in 2011, fired ten rounds from a 9mm handgun, killing an employee and wounding three others. He then committed suicide. Police said the shooting appeared to be an act of workplace violence, but added that the possibility of terrorism will be investigated.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-11-14 | Future report Set alerts | |
Q2 2022 | 2022-08-08 | -0.11 | -0.11 |
Q1 2022 | 2022-05-10 | -0.21 | -0.21 |
Q4 2021 | 2022-03-22 | -0.13 | -0.13 |
Q3 2021 | 2021-11-15 | -0.41 | -0.41 |
Q2 2021 | 2021-08-16 | -0.29 | -0.29 |
Q1 2021 | 2021-05-17 | -0.48 | -0.48 |
Q4 2020 | 2021-03-24 | 0.57 | 0.57 |
Q3 2020 | 2020-11-09 | -0.82 | -0.82 |
Q2 2020 | 2020-08-10 | -0.97 | -0.97 |
2016-07-13 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2016-06-22 | Initiated Coverage | Cowen and Company | Market Perform | $15.00 |
2016-05-04 | Lower Price Target | Stifel Nicolaus | Buy | $20.00 to $17.00 |
2016-05-04 | Downgrade | Longbow Research | Buy to Neutral | |
2015-10-19 | Lower Price Target | Stifel Nicolaus | Buy | $27.00 to $24.00 |
2015-06-16 | Upgrade | Stifel Nicolaus | Hold to Buy | $29.00 |
2015-04-27 | Downgrade | Avondale Partners | Outperform to Market Perform | |
2015-02-19 | Boost Price Target | Sterne Agee CRT | Buy | $37.00 to $42.00 |
2014-09-19 | Upgrade | Avondale Partners | Market Perform to Outperform | |
2014-04-29 | Reiterated Rating | Longbow Research | Buy | $27.00 to $30.00 |
2014-03-11 | Downgrade | Stephens | Overweight to Equal Weight | |
2013-12-09 | Upgrade | Longbow Research | Neutral to Buy | $29.00 |
2013-09-17 | Upgrade | Stephens | Equal Weight to Overweight | $18.00 to $24.00 |
2012-10-15 | Downgrade | UBS | Neutral to Sell | |
2012-07-12 | Initiated | Stifel Nicolaus | Hold | |
2012-04-25 | Upgrade | KeyBanc Capital Mkts | Underweight to Hold | |
2012-03-12 | Downgrade | KeyBanc Capital Mkts | Hold to Underweight | |
2012-02-21 | Reiterated | UBS | Neutral | $22 to $28 |
2012-02-13 | Downgrade | Longbow | Neutral to Sell | $16 |
2011-02-18 | Reiterated | UBS | Neutral | $29 to $31 |
2010-06-29 | Initiated | Avondale | Mkt Perform | $26 |
2009-08-25 | Downgrade | Longbow | Buy to Neutral | |
2009-05-06 | Reiterated | UBS | Neutral | $17 to $18 |
2009-02-18 | Upgrade | Longbow | Neutral to Buy | $21 |
2009-02-18 | Reiterated | UBS | Neutral | $20 to $17 |
2009-01-13 | Upgrade | UBS | Sell to Neutral | |
2008-12-10 | Reiterated | Jefferies & Co | Buy | $35 to $25 |
2008-10-20 | Upgrade | KeyBanc Capital Mkts | Hold to Buy | $40 |
2008-09-19 | Downgrade | UBS | Neutral to Sell | |
2008-08-05 | Reiterated | UBS | Neutral | $38 to $29 |
2008-05-09 | Upgrade | Jefferies & Co | Hold to Buy | $35 to $42 |
2008-01-09 | Downgrade | KeyBanc Capital Mkts | Buy to Hold | |
2007-10-17 | Reiterated | KeyBanc Capital Mkts | Buy | $60 to $48 |
2016-07-13 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2016-06-22 | Initiated Coverage | Cowen and Company | Market Perform | $15.00 |
2016-05-04 | Lower Price Target | Stifel Nicolaus | Buy | $20.00 to $17.00 |
2016-05-04 | Downgrade | Longbow Research | Buy to Neutral | |
2015-10-19 | Lower Price Target | Stifel Nicolaus | Buy | $27.00 to $24.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In RAIL 52 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Allianz Asset Management AG | 1.13M |
Minerva Advisors LLC | 0.79M |
Vanguard Group, Inc | 0.54M |
RUSSELL FRANK CO/ | 0.44M |
BlackRock Fund Advisors | 0.40M |
BlackRock Institutional Trust Company, N.A. | 0.33M |
KILLEN GROUP INC | 0.30M |
BlackRock Inc. | 0.24M |
Numeric Investors LLC | 0.19M |
MORGAN STANLEY | 0.17M |
GEODE CAPITAL MANAGEMENT, LLC | 0.13M |
CORNERSTONE CAPITAL MANAGEMENT HOLDINGS LLC. | 96300 |
RENAISSANCE TECHNOLOGIES LLC | 75835 |
BRIDGEWAY CAPITAL MANAGEMENT INC | 73000 |
QS Investors, LLC | 60000 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
McNeely Joseph E VP, Finance, CFO and Treasurer | 0.40% (48119) | ANDE / RAIL / |
Meyer James R President and CEO | 0.25% (30006) | RAIL / |
GEHL WILLIAM D | 0.22% (26707) | ASTE / RAIL / WBB / |
Cirar James D | 0.20% (24569) | RAIL / |
MADDEN THOMAS A | 0.20% (24185) | RAIL / |
AVERY CHARLES F JR VP Finance, CFO and Treasurer | 0.18% (21376) | FSS / RAIL / |
BAUN THEODORE W. SVP, Marketing and Sales | 0.17% (20528) | RAIL / |
KOHNKE MATTHEW S VP, Finance, CFO, Treasurer | 0.16% (19231) | DORM / RAIL / |
SCHMITT ANDREW B | 0.13% (15230) | EEFT / LAYN / RAIL / |
Tidball Robert N | 0.13% (15222) | RAIL / |
Vlamis Georgia L VP, General Counsel & Corp Sec | 0.11% (12967) | RAIL / |
MALIEKEL JOSEPH J VP, Corp Controller and PAO | 0.10% (12642) | RAIL / |
McCarthy Thomas P SVP, Human Resources | 0.09% (11218) | RAIL / |
SODERSTROM S CARL JR | 0.09% (11204) | LDL / RAIL / WR / |
NAGEL CHRISTOPHER L VP, Finance, CFO and Treasurer | 0.08% (9695) | FMSA / RAIL / |
MOORE MALCOLM F | 0.08% (9665) | RAIL / TWIN / |
Fitzpatrick Thomas Mallary | 0.07% (8097) | RAIL / |
Trusdell Laurence M General Counsel and Secretary | 0.06% (7173) | RAIL / |
Boege Kathleen M General Counsel and Corp Secy | 0.04% (4422) | RAIL / WTFC / |
Whalen Edward J President and CEO | 0.03% (4130) | RAIL / |
Heidkamp Terrence G Sr Vice President, Operations | 0.02% (3000) | RAIL / |