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Relatively Low Return on Equity Detected in Shares of Freightcar Ameri in the Construction Machinery & Heavy Trucks Industry (RAIL, MTW, ASTE, WAB, ALG)

By James Quinn

Below are the three companies in the Construction Machinery & Heavy Trucks industry with the lowest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Freightcar Ameri ranks lowest with a ROE of -1,226.5%. Following is Manitowoc Co with a ROE of 564.6%. Astec Industries ranks third lowest with a ROE of 626.9%.

Wabtec Corp follows with a ROE of 1,040.2%, and Alamo Group rounds out the bottom five with a ROE of 1,075.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Wabtec Corp on February 24th, 2020 by issuing a Downtrend alert when the shares were trading at $74.54. Since that call, shares of Wabtec Corp have fallen 26.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest return on equity freightcar ameri manitowoc co astec industries wabtec corp alamo group

Ticker(s): RAIL MTW ASTE WAB ALG