Financial Review: Freightcar America (NASDAQ:RAIL) versus Middleby (NASDAQ:MIDD)

Freightcar America (NASDAQ:RAILGet Free Report) and Middleby (NASDAQ:MIDDGet Free Report) are both industrials companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, analyst recommendations, dividends, valuation, risk, profitability and institutional ownership.

Profitability

This table compares Freightcar America and Middleby’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Freightcar America -2.69% -15.23% 2.90%
Middleby -13.22% 17.44% 7.66%

Insider and Institutional Ownership

32.0% of Freightcar America shares are owned by institutional investors. Comparatively, 98.5% of Middleby shares are owned by institutional investors. 29.2% of Freightcar America shares are owned by insiders. Comparatively, 9.7% of Middleby shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings and price targets for Freightcar America and Middleby, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Freightcar America 1 1 0 0 1.50
Middleby 2 1 6 0 2.44

Middleby has a consensus price target of $159.50, suggesting a potential upside of 41.41%. Given Middleby’s stronger consensus rating and higher possible upside, analysts plainly believe Middleby is more favorable than Freightcar America.

Valuation and Earnings

This table compares Freightcar America and Middleby”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Freightcar America $500.99 million 0.48 $38.10 million ($0.54) -13.72
Middleby $3.20 billion 1.59 -$277.73 million ($9.26) -12.18

Freightcar America has higher earnings, but lower revenue than Middleby. Freightcar America is trading at a lower price-to-earnings ratio than Middleby, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

Freightcar America has a beta of 1.46, indicating that its share price is 46% more volatile than the S&P 500. Comparatively, Middleby has a beta of 1.31, indicating that its share price is 31% more volatile than the S&P 500.

Summary

Middleby beats Freightcar America on 9 of the 14 factors compared between the two stocks.

About Freightcar America

(Get Free Report)

FreightCar America, Inc., through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico. It operates in two segments, Manufacturing and Parts. The company offers a range of railcars, including open top hoppers, mill gondola cars, intermodal and non-intermodal flat cars, coal cars; bulk commodity cars covered hopper cars, coil steel cars, boxcars, woodchip hoppers, aluminum vehicle carriers, and articulated bulk container railcars. It also sells used railcars; rebuilds, converts, and leases railcars; and sells forged, cast, and fabricated parts for various railcars. The company's customers primarily include shippers, railroads, and financial institutions. FreightCar America, Inc. was founded in 1901 and is headquartered in Chicago, Illinois.

About Middleby

(Get Free Report)

The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and automated washing systems, auto-guided vehicles, food safety, food handling, freezing, and defrosting and packaging equipment. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, cooktops, microwaves, ovens, refrigerators, dishwashers, undercounter refrigeration, wine cellars, ice machines, beer dispensers, mixers, rotisseries, and ventilation and outdoor cooking equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.

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