The Greenbrier Companies (NYSE:GBX) was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday.
GBX has been the subject of a number of other research reports. Zacks Investment Research upgraded The Greenbrier Companies from a “hold” rating to a “buy” rating and set a $56.00 price objective for the company in a report on Thursday, March 8th. Stifel Nicolaus set a $55.00 price objective on The Greenbrier Companies and gave the stock a “buy” rating in a report on Friday, February 9th. Finally, 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. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $57.86.
Shares of NYSE:GBX opened at $47.60 on Friday. The Greenbrier Companies has a 12-month low of $41.45 and a 12-month high of $54.45. The company has a market cap of $1,366.17, a PE ratio of 12.66, a PEG ratio of 1.21 and a beta of 1.53. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.96 and a quick ratio of 2.04.
The Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data on Friday, April 6th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.05. The Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The company had revenue of $629.30 million during the quarter, compared to analysts’ expectations of $612.51 million. During the same quarter in the previous year, the company posted $1.09 earnings per share. The business’s revenue was up 11.1% on a year-over-year basis. sell-side analysts predict that The Greenbrier Companies will post 4.11 earnings per share for the current fiscal year.
In related news, EVP Alejandro Centurion sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $52.00, for a total value of $260,000.00. Following the completion of the sale, the executive vice president now directly owns 13,523 shares in the company, valued at $703,196. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 2.46% of the company’s stock.
Hedge funds have recently modified their holdings of the stock. Xact Kapitalforvaltning AB bought a new stake in shares of The Greenbrier Companies in the fourth quarter valued at approximately $205,000. Eqis Capital Management Inc. bought a new stake in shares of The Greenbrier Companies in the fourth quarter valued at approximately $206,000. Amalgamated Bank bought a new stake in shares of The Greenbrier Companies in the fourth quarter valued at approximately $212,000. Baird Financial Group Inc. bought a new stake in shares of The Greenbrier Companies in the fourth quarter valued at approximately $213,000. Finally, Mengis Capital Management Inc. bought a new stake in shares of The Greenbrier Companies in the fourth quarter valued at approximately $239,000.
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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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