American Railcar Industries, Inc. (ARII) Reaches $37.42 After 5.00% Up Move, 2 Analysts Covering United Microelectronics (ADR) (UMC)

July 10, 2017 - By Richard Conner

The stock of American Railcar Industries, Inc. (NASDAQ:ARII) is a huge mover today! About 73,375 shares traded. American Railcar Industries, Inc. (NASDAQ:ARII) has declined 4.72% since July 10, 2016 and is downtrending. It has underperformed by 21.42% the S&P500.The move comes after 7 months positive chart setup for the $689.84 million company. It was reported on Jul, 10 by Barchart.com. We have $39.29 PT which if reached, will make NASDAQ:ARII worth $34.49M more.

Among 2 analysts covering United Microelectronics Corp (NYSE:UMC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. United Microelectronics Corp had 3 analyst reports since August 11, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, January 27 by HSBC. JP Morgan upgraded the shares of UMC in report on Wednesday, October 14 to “Overweight” rating. The stock has “Hold” rating by Zacks on Tuesday, August 11. See United Microelectronics Corp (ADR) (NYSE:UMC) latest ratings:

Among 4 analysts covering American Railcar Industries (NASDAQ:ARII), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. American Railcar Industries had 6 analyst reports since August 4, 2015 according to SRatingsIntel. Cowen & Co upgraded the shares of ARII in report on Monday, March 20 to “Outperform” rating. The firm has “Hold” rating given on Monday, December 19 by Standpoint Research. The rating was downgraded by Zacks to “Buy” on Tuesday, August 4. Zacks upgraded the stock to “Hold” rating in Wednesday, August 12 report. The company was downgraded on Monday, February 22 by BB&T Capital.

American Railcar Industries, Inc. is a designer and maker of hopper and tank railcars. The company has market cap of $689.84 million. The Firm creates and makes railcars and a range of components for the North American railcar and industrial markets. It has a 11.95 P/E ratio. It operates through three divisions: manufacturing, railcar leasing and railcar services.

Analysts await American Railcar Industries, Inc. (NASDAQ:ARII) to report earnings on July, 27. They expect $0.65 earnings per share, down 36.27% or $0.37 from last year’s $1.02 per share. ARII’s profit will be $11.98 million for 14.39 P/E if the $0.65 EPS becomes a reality. After $0.55 actual earnings per share reported by American Railcar Industries, Inc. for the previous quarter, Wall Street now forecasts 18.18% EPS growth.

Investors sentiment decreased to 1.25 in 2016 Q4. Its down 0.31, from 1.56 in 2016Q3. It worsened, as 14 investors sold American Railcar Industries, Inc. shares while 37 reduced holdings. 31 funds opened positions while 33 raised stakes. 18.56 million shares or 0.36% more from 18.50 million shares in 2016Q3 were reported. Daiwa Securities Group accumulated 0% or 6,900 shares. Deutsche Bank & Trust Ag, a Germany-based fund reported 12,293 shares. Smithfield Tru holds 2,610 shares or 0.02% of its portfolio. Raymond James And Assocs accumulated 8,470 shares or 0% of the stock. Victory Cap Management stated it has 7,257 shares. Blackrock Grp Inc Ltd stated it has 0% in American Railcar Industries, Inc. (NASDAQ:ARII). Parallax Volatility Advisers Ltd Partnership reported 0% of its portfolio in American Railcar Industries, Inc. (NASDAQ:ARII). James Investment stated it has 296,025 shares or 0.35% of all its holdings. Teton Advisors Incorporated invested 0.04% of its portfolio in American Railcar Industries, Inc. (NASDAQ:ARII). 160 were reported by Fifth Third Bancorp. Next Finance Group Inc Inc reported 1,295 shares stake. Bnp Paribas Arbitrage reported 0% in American Railcar Industries, Inc. (NASDAQ:ARII). 450,419 were reported by Lsv Asset Mngmt. Allianz Asset Mgmt Ag invested in 220,096 shares. Invesco owns 0% invested in American Railcar Industries, Inc. (NASDAQ:ARII) for 25,223 shares.

About 574,062 shares traded. United Microelectronics Corp (ADR) (NYSE:UMC) has risen 14.77% since July 10, 2016 and is uptrending. It has underperformed by 1.93% the S&P500.