American Railcar Industries, Inc. (NASDAQ:ARII) Stock Rating Lowered by BidaskClub

American Railcar Industries, Inc. (NASDAQ:ARII) was downgraded by research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Tuesday, July 25th.

ARII has been the subject of several other reports. Buckingham Research initiated coverage on American Railcar Industries in a research note on Wednesday, June 21st. They set a “neutral” rating and a $38.00 price objective for the company. ValuEngine cut American Railcar Industries from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. American Railcar Industries currently has an average rating of “Hold” and a consensus price target of $38.33.

American Railcar Industries (NASDAQ:ARII) traded down 0.55% on Tuesday, hitting $36.15. The stock had a trading volume of 75,129 shares. American Railcar Industries has a 12-month low of $34.29 and a 12-month high of $51.10. The company has a market cap of $689.85 million, a price-to-earnings ratio of 13.48 and a beta of 2.32. The company’s 50 day moving average price is $36.96 and its 200-day moving average price is $39.87.

American Railcar Industries (NASDAQ:ARII) last issued its quarterly earnings results on Tuesday, August 1st. The transportation company reported $0.62 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.62. American Railcar Industries had a return on equity of 11.40% and a net margin of 9.59%. The company had revenue of $109 million for the quarter, compared to analysts’ expectations of $113.62 million. During the same period last year, the firm earned $1.02 EPS. The firm’s revenue for the quarter was down 27.6% on a year-over-year basis. Equities research analysts anticipate that American Railcar Industries will post $2.22 EPS for the current year.

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A number of large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP increased its position in shares of American Railcar Industries by 0.3% in the first quarter. Wellington Management Group LLP now owns 17,215 shares of the transportation company’s stock valued at $707,000 after buying an additional 57 shares during the last quarter. Horrell Capital Management Inc. increased its position in shares of American Railcar Industries by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 27,260 shares of the transportation company’s stock valued at $1,120,000 after buying an additional 100 shares during the last quarter. AQR Capital Management LLC boosted its position in American Railcar Industries by 0.7% in the fourth quarter. AQR Capital Management LLC now owns 19,462 shares of the transportation company’s stock valued at $881,000 after buying an additional 133 shares during the period. Schwab Charles Investment Management Inc. boosted its position in American Railcar Industries by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 30,507 shares of the transportation company’s stock valued at $1,169,000 after buying an additional 152 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its position in American Railcar Industries by 1.1% in the first quarter. Parametric Portfolio Associates LLC now owns 21,261 shares of the transportation company’s stock valued at $874,000 after buying an additional 233 shares during the period. 95.03% of the stock is currently owned by institutional investors.

American Railcar Industries Company Profile

American Railcar Industries, Inc is a designer and manufacturer of hopper and tank railcars. The Company designs and manufactures railcars and a range of components for the North American railcar and industrial markets. It operates through three segments: manufacturing, railcar leasing and railcar services.

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