Silver lining to FreightCar America Inc. (NASDAQ:RAIL)’s dark cloud?


FreightCar America, Inc. (NASDAQ:RAIL) reported results for the first quarter ended March 31, 2017, with net income of $0.6 million, or $0.05 per diluted share, compared to net income of $12.7 million, or $1.03 per diluted share, in the same period last year. First quarter 2017 results included pre-tax restructuring charges of $1.8 million, of which $0.4 million were non-cash expenses, while first quarter 2016 results included a gain on a settlement of retiree benefit plan obligations of $14.3 million.

The company’s stock 50-Day High is $7.20% and a 50-Day Low of $30.74%. 20-Day Simple Moving Average was $22.55% while 50-Day Simple Moving Average was $21.69%.

FreightCar America, Inc. stock had a weekly Volatility of 6.14% and a monthly volatility of 3.77%. FreightCar America, Inc. RAIL shares float stands at 11.88M.

FreightCar America, Inc. quarterly Return on Assets is 3.40%%, quarterly Return on Equity was 4.80%% while quarterly Return on Investments was 4.80%%.

Gross Margin during the quarter was 7.70%%. Net Profit Margin was 2.40%% and operating margin was 3.00%%. Current ratio was 4.50 while quick ratio was 2.60.

The company announced EPS of $1.01. This represents an EPS growth quarter over quarter of -99.40%%. EPS for the whole years was $-61.40%. For the last five years, the stock has reported an average EPS growth of 19.50%% and EPS growth for next year is projected to be 45.30%% while EPS growth for the next five years will be 3.00%%.

The company’s monthly average volume for the quarter was 148.06K and 148.06K for the full financial year. The relative volume was 7.17 for the quarter and 7.17 for the full financial year.

The Barchart Technical Opinion rating is a 72% Buy with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is Maximum. Long term indicators mostly agree with the trend.

The stock’s 50-Day High during the quarter was $7.20% while the 50-Day Low was $30.74%. In the last financial year, the stock has a 52-Week High of $-2.90% and a 52-Week Low of $46.95%.

The company’s Insider Ownership was 0.90% and Institutional Ownership was 80.10%. Total Institutional Transactions amounted to -0.43%. Sales growth quarter over quarter was -33.30%%.

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