American Railcar Industries (ARII) Earning Somewhat Positive News Coverage, Study Shows

Press coverage about American Railcar Industries (NASDAQ:ARII) has trended somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American Railcar Industries earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 44.3995116878722 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Several brokerages recently issued reports on ARII. Buckingham Research upped their price objective on shares of American Railcar Industries from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Wednesday, November 1st. ValuEngine raised shares of American Railcar Industries from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research raised shares of American Railcar Industries from a “sell” rating to a “hold” rating in a research note on Thursday, December 28th. BidaskClub raised shares of American Railcar Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, January 3rd. Finally, Stifel Nicolaus upped their price objective on shares of American Railcar Industries from $32.00 to $35.00 and gave the company a “hold” rating in a research note on Tuesday, November 7th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $39.33.

American Railcar Industries (NASDAQ:ARII) opened at $39.91 on Wednesday. American Railcar Industries has a 52-week low of $34.29 and a 52-week high of $49.33. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.13 and a current ratio of 3.06. The company has a market cap of $779.39, a P/E ratio of 14.57 and a beta of 2.42.

American Railcar Industries (NASDAQ:ARII) last issued its quarterly earnings results on Tuesday, October 31st. The transportation company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.11). American Railcar Industries had a return on equity of 9.66% and a net margin of 10.28%. The company had revenue of $120.75 million for the quarter, compared to analyst estimates of $123.63 million. During the same period last year, the company posted $0.94 EPS. The business’s revenue for the quarter was down 16.7% on a year-over-year basis. equities research analysts expect that American Railcar Industries will post 2.08 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Friday, December 8th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 4.01%. The ex-dividend date of this dividend was Thursday, December 7th. American Railcar Industries’s dividend payout ratio (DPR) is 58.39%.

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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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