The Greenbrier Companies (NYSE:GBX) released its quarterly earnings results on Friday. The transportation company reported $1.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.05, Briefing.com reports. The firm had revenue of $629.30 million for the quarter, compared to the consensus estimate of $612.51 million. The Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the business posted $1.09 EPS.
NYSE GBX traded down $1.70 on Friday, hitting $47.60. 1,548,034 shares of the company traded hands, compared to its average volume of 445,836. The company has a market capitalization of $1,366.17, a PE ratio of 12.49, a price-to-earnings-growth ratio of 1.21 and a beta of 1.53. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.04 and a current ratio of 2.96. The Greenbrier Companies has a 52-week low of $41.45 and a 52-week high of $54.45.
In related news, EVP Alejandro Centurion sold 5,000 shares of The Greenbrier Companies stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $52.00, for a total transaction of $260,000.00. Following the transaction, the executive vice president now directly owns 13,523 shares in the company, valued at $703,196. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.46% of the stock is currently owned by insiders.
GBX has been the topic of a number of research reports. ValuEngine upgraded The Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Zacks Investment Research upgraded The Greenbrier Companies from a “hold” rating to a “buy” rating and set a $56.00 price target on the stock in a research note on Thursday, March 8th. Seaport Global Securities started coverage on The Greenbrier Companies in a research report on Thursday, January 4th. They set a “buy” rating and a $65.00 target price on the stock. Finally, Stifel Nicolaus set a $55.00 target price on The Greenbrier Companies and gave the company a “buy” rating in a research report on Friday, February 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $57.86.
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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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