RailAmerica

J.P. Morgan is out with its report today on RailAmerica (NYSE: RA), maintaining Overweight. In a note to clients, J.P. Morgan writes, "We continue to believe that EV/EBITDA is a more meaningful valuation metric for RA. At the present time GWR (NYSE: GWR) is trading at EV/EBITDA and P/E multiples...

Dahlman Rose provided color on the rail sector. In a research report published today, Dahlman stressed a number of improvements in the sector. In the report, Dahlman states, "North American Class I rail traffic grew 4% in Week 19, 2011 vs 3.1% and 1.7% increases in the prior two weeks. The 4%...

J.P. Morgan is out with its report today on RailAmerica (NYSE: RA), maintaining Overweight. In a note to clients, J.P. Morgan writes, "RA's 1Q earnings report offered modest upside vs. expectations and management provided constructive commentary on a pipeline of about 300 projects that could drive...

Yesterday after the close, RailAmerica, Inc. (NYSE: RA) reported Q1 adjusted EPS of $0.12, “which excludes $2.2 million ($0.04/share) of swap amortization costs,” Deutsche Bank reports. “RA's Q1 results were constrained by $1.6 million ($0.02/share) of severance costs related to consolidating...

J.P. Morgan is out with its report today on RailAmerica (NYSE: RA), maintaining Overweight. In a note to clients, J.P. Morgan writes, "We are maintaining our year-end 2011 price target of $18 which is based on applying a 7.5x EV/EBITDA multiple to our 2012 adjusted EBITDA forecast. We believe that...

J.P. Morgan is out with its report today on RailAmerica (NYSE: RA), raising its PT from $16 to $18. In a note to clients, J.P. Morgan writes, "We are raising our December 2011 price target from $16 to $18, which is based on applying a 7.5x EV/EBITDA multiple to our 2012 continuing EBITDA forecast...

JP Morgan has raised the price target on RailAmerica (NYSE: RA) from $16 to $18 and maintains its Overweight rating.

Deutsche Bank has downgraded RailAmerica (NYSE: RA) from Buy to Hold and maintains its $15 price target.

JP Morgan has published a research report on RailAmerica (NYSE: RA) after the company reported a 4Q EPS beat due to tax credits and benefits from tax adjustments. In the report, JP Morgan writes "RA reported 4Q10 EPS of $0.33/share which included a $0.20/share benefit from the full year impact of...

JP Morgan has raised the price target on RailAmerica (NYSE: RA) from $15 to $16 and maintains its Overweight rating.

Wells Fargo is raising its estimates on Genesee & Wyoming Inc. (NYSE: GWR). “We raise GWR Q4 2010 EPS estimate to $0.70 from $0.45 bringing our 2010E to $2.11 from $1.86,” Wells Fargo writes. “Our GWR 2011E moves to $2.65 from $2.40. Our 6-12 month Valuation Range for GWR moves to $56-58 from $...

Dahlman Rose has published a research report on Rail transportation following week 45 results for volume in comparison to the previous weeks. In the report, Dahlman Rose writes "Week 45 volumes grew 9.3%, vs. 8.6% and 10.4% in the prior two weeks. While y/y growth should continue to slow in the...

J.P. Morgan attended an investor luncheon yesterday held by RailAmerica (NYSE: RA) where RA set a target of 70% Operating Ratio by 2012. In a note to clients, J.P. Morgan writes, "In our view, management's goal of a achieving a 70% OR by 2012 is somewhat aggressive and RA faces several margin...

Dahlman Rose has issued a research report on Rail Transportation reporting upbeat tones for earnings season as EPS results are better than expected. In the report, Dahlman Rose writes "Weekly changes in rail traffic were led by a 36% increase in metallic ores and mineral volumes vs the prior week's...

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