News coverage about American Railcar Industries (NASDAQ:ARII) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. American Railcar Industries earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 46.3093029388661 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
American Railcar Industries (ARII) opened at $37.06 on Wednesday. American Railcar Industries has a 1-year low of $34.29 and a 1-year high of $51.10. The firm has a market cap of $714.50, a P/E ratio of 13.42 and a beta of 2.43. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.06 and a quick ratio of 2.13.
American Railcar Industries (NASDAQ:ARII) last announced its earnings results on Tuesday, October 31st. The transportation company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.11). American Railcar Industries had a net margin of 10.28% and a return on equity of 9.66%. The company had revenue of $120.75 million for the quarter, compared to analysts’ expectations of $123.63 million. During the same quarter in the prior year, the firm posted $0.94 earnings per share. American Railcar Industries’s quarterly revenue was down 16.7% on a year-over-year basis. analysts anticipate that American Railcar Industries will post 2.07 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 8th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend is Thursday, December 7th. American Railcar Industries’s payout ratio is 58.39%.
Several research firms have recently commented on ARII. BidaskClub raised American Railcar Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Stifel Nicolaus lifted their price objective on American Railcar Industries from $32.00 to $35.00 and gave the company a “hold” rating in a research report on Tuesday, November 7th. Cowen and Company reaffirmed a “buy” rating and set a $45.00 price objective on shares of American Railcar Industries in a research report on Thursday, August 10th. ValuEngine cut American Railcar Industries from a “buy” rating to a “hold” rating in a research report on Monday, August 7th. Finally, Zacks Investment Research cut American Railcar Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. American Railcar Industries has an average rating of “Hold” and a consensus price target of $39.33.
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About American Railcar Industries
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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