American Railcar Industries Inc. (NASDAQ:ARII)’s share price traded down 2.8% on Friday . The stock traded as low as $40.89 and last traded at $41.02, with a volume of 71,859 shares changing hands. The stock had previously closed at $42.19.

Several equities analysts have weighed in on the company. Zacks Investment Research raised American Railcar Industries from a “sell” rating to a “hold” rating in a report on Wednesday, April 20th. TheStreet raised American Railcar Industries from a “hold” rating to a “buy” rating in a report on Monday, April 18th. Cowen and Company increased their price objective on American Railcar Industries from $40.00 to $43.00 and gave the company a “market perform” rating in a report on Tuesday, August 2nd. Finally, Standpoint Research reissued a “buy” rating on shares of American Railcar Industries in a report on Wednesday, July 27th. Three analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $41.67.

The company has a market capitalization of $797.49 million and a PE ratio of 7.60. The company has a 50-day moving average price of $40.54 and a 200-day moving average price of $40.89.

American Railcar Industries (NASDAQ:ARII) last released its earnings results on Thursday, July 28th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.03. The business had revenue of $150.50 million for the quarter, compared to analysts’ expectations of $147.37 million. During the same quarter in the previous year, the business posted $1.54 earnings per share. American Railcar Industries’s revenue for the quarter was down 21.6% on a year-over-year basis. On average, equities research analysts anticipate that American Railcar Industries Inc. will post $4.15 EPS for the current fiscal year.

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