American Railcar Industries, Inc. (ARII) 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.
The latest Q&A from the management on Q2 is not encouraging.
Read at
https://finance.yahoo.com/news/edited-transcript-arii-earnings-conference-174346502.html
Keep shorting it.
Annual sales of American Railcar for the past and future years are:
2015 (peak) 2016 2017 2018
889 639 442 424
EPS:
6.39 3.74 2.4 2.6
The PE will be 36.77/2.4 = 15.3 for 2017
(Source: http://www.reuters.com/finance/stocks/financialHighlights?symbol=ARII.O)
Sell
FreightCar America, Inc. Goes Full Throttle While American Railcar Industries, Inc. Derails in May: Which Stock Should You Buy?
https://www.fool.com/investing/2017/06/07/freightcar-america-american-railcar-stock-may.aspx?yptr=yahoo
Should You Get Rid of American Railcar (ARII) Now?
Read at
https://finance.yahoo.com/news/rid-american-railcar-arii-now-124212210.html