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FreightCar America (RAIL) in Focus: Stock Tumbles 8.1%
February 20, 2014

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FreightCar America Inc. (RAIL - Free Report) saw a big move last session, as the company’s shares fell by over 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $21.60 - $25.50 in the past one-month time frame, showed a sharp decline yesterday at $22.45.

This railroad services company has seen a flat track record when it comes to current year estimate revisions over the past few weeks as there were no revisions on either side.  The consensus for earnings hasn’t been in trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.  

RAIL currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.0%.

Some better-ranked stocks in the same industry include American Railcar Industries, Inc. (ARII - Free Report) , Trinity Industries Inc. (TRN - Free Report) and Westinghouse Air Brake Technologies Corporation (WAB - Free Report) . All these stocks hold a Zacks Rank #2 (Buy).

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