Equities research analysts forecast that Genesee & Wyoming Inc (NYSE:GWR) will announce earnings of $1.29 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Genesee & Wyoming’s earnings, with the highest EPS estimate coming in at $1.30 and the lowest estimate coming in at $1.27. Genesee & Wyoming posted earnings per share of $1.23 during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.9%. The company is scheduled to issue its next earnings report on Tuesday, October 29th.
On average, analysts expect that Genesee & Wyoming will report full-year earnings of $4.34 per share for the current financial year, with EPS estimates ranging from $4.28 to $4.40. For the next financial year, analysts forecast that the company will post earnings of $4.94 per share, with EPS estimates ranging from $4.80 to $5.05. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that cover Genesee & Wyoming.
Genesee & Wyoming (NYSE:GWR) last posted its quarterly earnings results on Wednesday, August 7th. The transportation company reported $1.03 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.04). Genesee & Wyoming had a net margin of 9.33% and a return on equity of 6.41%. The business had revenue of $571.48 million during the quarter, compared to the consensus estimate of $594.19 million.
Several equities research analysts have recently commented on the stock. ValuEngine upgraded shares of Genesee & Wyoming from a “hold” rating to a “buy” rating in a report on Friday, May 3rd. Cowen restated an “outperform” rating and issued a $112.00 price target (up previously from $96.00) on shares of Genesee & Wyoming in a report on Tuesday, July 2nd. Bank of America lowered shares of Genesee & Wyoming from a “neutral” rating to an “underperform” rating and set a $88.65 price target for the company. in a report on Tuesday, April 30th. Zacks Investment Research lowered shares of Genesee & Wyoming from a “hold” rating to a “sell” rating and set a $114.00 price target for the company. in a report on Tuesday, July 2nd. Finally, Credit Suisse Group upgraded shares of Genesee & Wyoming from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $75.00 to $112.00 in a report on Monday, July 1st. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $102.81.
Shares of NYSE:GWR traded down $0.05 during trading hours on Friday, hitting $110.59. The company’s stock had a trading volume of 377,593 shares, compared to its average volume of 1,094,447. Genesee & Wyoming has a 52 week low of $68.27 and a 52 week high of $110.72. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.09 and a quick ratio of 0.99. The company has a market capitalization of $6.29 billion, a price-to-earnings ratio of 28.72 and a beta of 1.33. The firm’s fifty day moving average price is $109.71 and its 200 day moving average price is $94.12.
In related news, insider John C. Hellmann sold 23,469 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $110.00, for a total transaction of $2,581,590.00. Following the completion of the transaction, the insider now owns 445,316 shares in the company, valued at approximately $48,984,760. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.72% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisory Services Network LLC raised its stake in shares of Genesee & Wyoming by 482.0% during the 2nd quarter. Advisory Services Network LLC now owns 291 shares of the transportation company’s stock worth $29,000 after acquiring an additional 241 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Genesee & Wyoming by 196.2% during the 2nd quarter. Parallel Advisors LLC now owns 391 shares of the transportation company’s stock worth $39,000 after acquiring an additional 259 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Genesee & Wyoming during the 2nd quarter worth approximately $54,000. Steward Partners Investment Advisory LLC bought a new position in shares of Genesee & Wyoming during the 2nd quarter worth approximately $56,000. Finally, SRS Capital Advisors Inc. bought a new position in shares of Genesee & Wyoming during the 2nd quarter worth approximately $68,000. Hedge funds and other institutional investors own 90.14% of the company’s stock.
Genesee & Wyoming Company Profile
Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.
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