Is Freightcar America Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: RAIL) stock is to Hold RAIL stock.
Out of 2 analysts, 0 (0%) are recommending RAIL as a Strong Buy, 0 (0%) are recommending RAIL as a Buy, 2 (100%) are recommending RAIL as a Hold, 0 (0%) are recommending RAIL as a Sell, and 0 (0%) are recommending RAIL as a Strong Sell.
What is RAIL's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: RAIL) forecast ROE is -11.7%, which is considered weak.
What is RAIL's Price Target?
According to 2 Wall Street analysts that have issued a 1 year RAIL price target, the average RAIL price target is $4.00, with the highest RAIL stock price forecast at $5.00 and the lowest RAIL stock price forecast at $3.00.
On average, Wall Street analysts predict that Freightcar America's share price could reach $4.00 by Aug 8, 2024. The average Freightcar America stock price prediction forecasts a potential upside of 50.38% from the current RAIL share price of $2.66.
What is RAIL's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: RAIL) forecast ROA is 2.75%, which is lower than the forecast US Railroads industry average of 9.29%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.