Recent Analysts’ Ratings Updates for Greenbrier Companies (GBX)

A number of research firms have changed their ratings and price targets for Greenbrier Companies (NYSE: GBX):

  • 11/1/2018 – Greenbrier Companies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $54.00 price target on the stock. According to Zacks, “Greenbrier Companies Inc., is a leading supplier of transportation equipment and services to the railroad and related industries. The company’s manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. It also engages in complementary leasing and services activities. Greenbrier Europe is an end-to-end freight railcar manufacturing, engineering and repair business with operations in Poland & Romania that serves customers across Europe and in the Middle East. Greenbrier builds freight railcars & rail castings in Brazil through two separate strategic partnerships. It is a leading provider of wheel services, railcar management & regulatory compliance services and leasing services to railroads in North America. Greenbrier offers freight railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership with Watco Companies, LLC. “
  • 10/29/2018 – Greenbrier Companies was upgraded by analysts at Susquehanna Bancshares Inc from a “neutral” rating to a “positive” rating.
  • 10/29/2018 – Greenbrier Companies was upgraded by analysts at UBS Group AG from a “neutral” rating to a “positive” rating.
  • 10/29/2018 – Greenbrier Companies had its price target raised by analysts at Buckingham Research from $55.00 to $56.00. They now have a “neutral” rating on the stock.
  • 10/29/2018 – Greenbrier Companies had its price target lowered by analysts at Wells Fargo & Co from $55.00 to $52.00. They now have a “hold” rating on the stock.
  • 10/29/2018 – Greenbrier Companies was given a new $62.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 10/27/2018 – Greenbrier Companies was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 9/25/2018 – Greenbrier Companies had its price target raised by analysts at KeyCorp from $65.00 to $68.00. They now have an “overweight” rating on the stock.
  • 9/25/2018 – Greenbrier Companies was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Greenbrier Companies Inc., is a leading supplier of transportation equipment and services to the railroad and related industries. The company’s manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. It also engages in complementary leasing and services activities. Greenbrier Europe is an end-to-end freight railcar manufacturing, engineering and repair business with operations in Poland & Romania that serves customers across Europe and in the Middle East. Greenbrier builds freight railcars & rail castings in Brazil through two separate strategic partnerships. It is a leading provider of wheel services, railcar management & regulatory compliance services and leasing services to railroads in North America. Greenbrier offers freight railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership with Watco Companies, LLC. “

Shares of NYSE GBX traded up $0.64 during mid-day trading on Monday, reaching $49.80. 3,607 shares of the company’s stock were exchanged, compared to its average volume of 626,186. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 12.06, a PEG ratio of 1.19 and a beta of 1.89. Greenbrier Companies Inc has a 52 week low of $43.05 and a 52 week high of $64.87. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.76 and a quick ratio of 1.86.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Friday, October 26th. The transportation company reported $0.80 EPS for the quarter, missing the Zacks’ consensus estimate of $1.03 by ($0.23). The business had revenue of $689.20 million for the quarter, compared to the consensus estimate of $663.98 million. Greenbrier Companies had a return on equity of 10.07% and a net margin of 6.02%. The company’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.86 earnings per share. Research analysts expect that Greenbrier Companies Inc will post 4.33 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 5th. Stockholders of record on Wednesday, November 14th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Tuesday, November 13th. Greenbrier Companies’s payout ratio is 24.21%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GBX. Legal & General Group Plc raised its stake in shares of Greenbrier Companies by 2.8% during the 1st quarter. Legal & General Group Plc now owns 58,505 shares of the transportation company’s stock worth $2,938,000 after purchasing an additional 1,572 shares during the period. Xact Kapitalforvaltning AB increased its holdings in Greenbrier Companies by 31.2% in the 1st quarter. Xact Kapitalforvaltning AB now owns 5,044 shares of the transportation company’s stock worth $253,000 after acquiring an additional 1,200 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Greenbrier Companies by 3.1% in the 1st quarter. Principal Financial Group Inc. now owns 255,742 shares of the transportation company’s stock worth $12,851,000 after acquiring an additional 7,728 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Greenbrier Companies in the 1st quarter worth about $262,000. Finally, Dalton Greiner Hartman Maher & Co. increased its holdings in Greenbrier Companies by 23.3% in the 2nd quarter. Dalton Greiner Hartman Maher & Co. now owns 693,009 shares of the transportation company’s stock worth $36,556,000 after acquiring an additional 130,823 shares during the last quarter.

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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