Research Analysts’ Weekly Ratings Updates for American Railcar Industries (ARII)

Several brokerages have updated their recommendations and price targets on shares of American Railcar Industries (NASDAQ: ARII) in the last few weeks:

  • 10/24/2018 – American Railcar Industries had its price target raised by analysts at Buckingham Research from $42.00 to $70.00. They now have a “neutral” rating on the stock.
  • 10/24/2018 – American Railcar Industries was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “American Railcar Industries, Inc. is a leading North American manufacturer of covered hopper and tank railcars. ARI also repairs and refurbishes railcars, provides fleet management services and designs and manufactures railcar and industrial components used in the production of its railcars as well as railcars and non-railcar industrial products produced by others. “
  • 10/22/2018 – American Railcar Industries was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 10/18/2018 – American Railcar Industries was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 9/27/2018 – American Railcar Industries was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 9/12/2018 – American Railcar Industries was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 9/1/2018 – American Railcar Industries was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.

NASDAQ ARII traded up $0.04 during trading hours on Wednesday, hitting $69.96. The company’s stock had a trading volume of 91,672 shares, compared to its average volume of 353,392. American Railcar Industries, Inc. has a 12 month low of $34.76 and a 12 month high of $70.50. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 38.23 and a beta of 2.17. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.31 and a current ratio of 3.30.

American Railcar Industries (NASDAQ:ARII) last released its quarterly earnings data on Tuesday, October 30th. The transportation company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.52 by $0.17. American Railcar Industries had a return on equity of 5.95% and a net margin of 27.70%. The company had revenue of $100.00 million during the quarter, compared to the consensus estimate of $98.67 million. During the same period last year, the company earned $0.46 EPS. American Railcar Industries’s revenue for the quarter was down 17.2% on a year-over-year basis. On average, equities analysts predict that American Railcar Industries, Inc. will post 2.38 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. bought a new stake in American Railcar Industries in the 3rd quarter worth about $282,000. Northpointe Capital LLC bought a new stake in American Railcar Industries in the 3rd quarter worth about $5,040,000. First Trust Advisors LP increased its holdings in American Railcar Industries by 35.7% in the 3rd quarter. First Trust Advisors LP now owns 52,483 shares of the transportation company’s stock worth $2,419,000 after buying an additional 13,797 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in American Railcar Industries by 1.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 194,054 shares of the transportation company’s stock worth $7,662,000 after buying an additional 2,494 shares in the last quarter. Finally, Millennium Management LLC bought a new stake in American Railcar Industries in the 2nd quarter worth about $1,691,000. Institutional investors own 91.57% of the company’s stock.

American Railcar Industries, Inc, together with its subsidiaries, designs and manufactures hopper and tank railcars in North America. It operates through three segments: Manufacturing, Railcar Leasing, and Railcar Services. The Manufacturing segment manufactures hopper railcars for shipping various dry bulk products, such as plastic pellets, as well as high-density products, including cement and sand; pressure tank railcars for transporting products comprising chlorine, anhydrous ammonia, liquid propane, and butane; and other types of railcars.

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