Somewhat Favorable News Coverage Somewhat Unlikely to Impact FreightCar America (RAIL) Stock Price

Media coverage about FreightCar America (NASDAQ:RAIL) has trended somewhat positive recently, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. FreightCar America earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 45.9377847493777 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

RAIL has been the topic of a number of research reports. ValuEngine lowered FreightCar America from a “hold” rating to a “sell” rating in a research report on Saturday, January 13th. Zacks Investment Research lowered FreightCar America from a “hold” rating to a “sell” rating in a research report on Friday, November 17th. Seaport Global Securities initiated coverage on FreightCar America in a research report on Thursday, January 4th. They set a “neutral” rating on the stock. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $14.00 target price (down from $15.00) on shares of FreightCar America in a research report on Tuesday, November 7th. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $16.25.

Shares of FreightCar America (RAIL) traded down $0.03 during trading hours on Friday, hitting $15.60. The stock had a trading volume of 56,961 shares, compared to its average volume of 84,830. FreightCar America has a one year low of $12.07 and a one year high of $20.46. The firm has a market capitalization of $193.74, a price-to-earnings ratio of -16.96 and a beta of 1.46.

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About FreightCar America

FreightCar America, Inc is a manufacturer of railcars and railcar components. The Company operates in the Manufacturing segment. The Company designs and manufactures 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.

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