Greenbrier Companies, Inc. (The) (NYSE:GBX) updated its FY18 earnings guidance on Friday. The company provided EPS guidance of $4.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.65. The company issued revenue guidance of $2.4-2.6 billion, compared to the consensus revenue estimate of $2.25 billion.
A number of analysts recently commented on the company. Zacks Investment Research lowered Greenbrier Companies, Inc. (The) from a buy rating to a hold rating in a report on Friday, August 4th. BidaskClub raised Greenbrier Companies, Inc. (The) from a sell rating to a hold rating in a report on Monday, August 14th. Buckingham Research boosted their target price on Greenbrier Companies, Inc. (The) from $45.00 to $53.00 and gave the stock a neutral rating in a research note on Thursday, October 5th. Cowen and Company restated an outperform rating and issued a $58.00 target price (up previously from $57.00) on shares of Greenbrier Companies, Inc. (The) in a research note on Thursday, October 5th. Finally, KeyCorp restated a buy rating and issued a $60.00 target price on shares of Greenbrier Companies, Inc. (The) in a research note on Tuesday, October 24th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of Buy and an average target price of $53.57.
Greenbrier Companies, Inc. (NYSE:GBX) traded down $0.20 on Friday, reaching $48.30. The company had a trading volume of 428,400 shares, compared to its average volume of 501,275. The company has a market capitalization of $1,381.69, a PE ratio of 12.86, a PEG ratio of 1.29 and a beta of 1.99. The company has a current ratio of 3.10, a quick ratio of 2.15 and a debt-to-equity ratio of 0.47. Greenbrier Companies, Inc. has a 1-year low of $34.15 and a 1-year high of $52.75.
Greenbrier Companies, Inc. (The) (NYSE:GBX) last announced its quarterly earnings data on Friday, October 27th. The transportation company reported $0.86 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.23. Greenbrier Companies, Inc. (The) had a return on equity of 10.75% and a net margin of 5.35%. The firm had revenue of $611.40 million for the quarter, compared to analysts’ expectations of $647.98 million. During the same period last year, the firm earned $1.06 earnings per share. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. equities research analysts predict that Greenbrier Companies, Inc. will post 3.97 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.23 per share. This is a positive change from Greenbrier Companies, Inc. (The)’s previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.90%. The ex-dividend date of this dividend is Tuesday, November 14th. Greenbrier Companies, Inc. (The)’s dividend payout ratio is currently 24.04%.
In other Greenbrier Companies, Inc. (The) news, VP Anne Manning sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $46.55, for a total transaction of $279,300.00. Following the completion of the transaction, the vice president now owns 11,939 shares of the company’s stock, valued at $555,760.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Lorie Tekorius sold 4,740 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $48.00, for a total transaction of $227,520.00. The disclosure for this sale can be found here. Insiders sold 45,570 shares of company stock valued at $2,279,282 over the last 90 days. 4.60% of the stock is currently owned by company insiders.
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Greenbrier Companies, Inc. (The) Company Profile
The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.
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