The Greenbrier Companies Sees Unusually High Options Volume (GBX)

The Greenbrier Companies (NYSE:GBX) saw unusually large options trading on Thursday. Stock investors bought 5,687 put options on the stock. This is an increase of approximately 9,705% compared to the average daily volume of 58 put options.

In other news, EVP Alejandro Centurion sold 5,000 shares of the business’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $52.00, for a total transaction of $260,000.00. Following the completion of the transaction, the executive vice president now owns 13,523 shares of the company’s stock, valued at $703,196. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.46% of the stock is currently owned by insiders.

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Large investors have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB bought a new stake in The Greenbrier Companies in the 4th quarter worth approximately $205,000. Eqis Capital Management Inc. bought a new stake in The Greenbrier Companies in the 4th quarter worth approximately $206,000. Amalgamated Bank bought a new stake in The Greenbrier Companies in the 4th quarter worth approximately $212,000. Baird Financial Group Inc. bought a new stake in The Greenbrier Companies in the 4th quarter worth approximately $213,000. Finally, Mengis Capital Management Inc. bought a new stake in The Greenbrier Companies in the 4th quarter worth approximately $239,000.

Several brokerages have recently commented on GBX. ValuEngine raised The Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Seaport Global Securities began coverage on The Greenbrier Companies in a report on Thursday, January 4th. They set a “buy” rating and a $65.00 price objective for the company. Finally, Zacks Investment Research lowered The Greenbrier Companies from a “buy” rating to a “hold” rating in a report on Monday, March 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $57.86.

NYSE:GBX opened at $47.60 on Friday. The company has a market capitalization of $1,374.76, a P/E ratio of 12.66, a PEG ratio of 1.22 and a beta of 1.53. The Greenbrier Companies has a 1-year low of $41.45 and a 1-year high of $54.45. The company has a quick ratio of 2.04, a current ratio of 2.96 and a debt-to-equity ratio of 0.47.

The Greenbrier Companies (NYSE:GBX) last released its earnings results on Friday, January 5th. The transportation company reported $0.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.02. The company had revenue of $559.50 million during the quarter, compared to the consensus estimate of $591.05 million. The Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The Greenbrier Companies’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS. equities analysts forecast that The Greenbrier Companies will post 4.13 EPS for the current fiscal year.

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The Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe. Its Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; and pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.

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