Greenbrier Companies (NYSE:GBX) Sets New 52-Week High at $53.40

Shares of The Greenbrier Companies, Inc. (NYSE:GBXGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $53.40 and last traded at $53.23, with a volume of 248166 shares. The stock had previously closed at $51.39.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised Greenbrier Companies from a “c+” rating to a “b” rating in a research note on Friday, January 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $41.50.

View Our Latest Research Report on GBX

Greenbrier Companies Stock Performance

The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.86 and a current ratio of 1.82. The business has a 50 day moving average price of $49.05 and a two-hundred day moving average price of $43.49. The company has a market cap of $1.69 billion, a P/E ratio of 16.22, a price-to-earnings-growth ratio of 1.92 and a beta of 1.66.

Greenbrier Companies (NYSE:GBXGet Free Report) last posted its earnings results on Friday, January 5th. The transportation company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.25. The firm had revenue of $808.80 million for the quarter, compared to the consensus estimate of $849.94 million. Greenbrier Companies had a return on equity of 9.13% and a net margin of 2.77%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.05 EPS. On average, sell-side analysts anticipate that The Greenbrier Companies, Inc. will post 3.82 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Investors of record on Thursday, January 25th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, January 24th. This represents a $1.20 dividend on an annualized basis and a yield of 2.20%. Greenbrier Companies’s dividend payout ratio is currently 35.93%.

Insiders Place Their Bets

In related news, EVP Brian J. Comstock sold 2,500 shares of Greenbrier Companies stock in a transaction dated Thursday, January 25th. The stock was sold at an average price of $46.39, for a total value of $115,975.00. Following the completion of the transaction, the executive vice president now owns 80,111 shares in the company, valued at $3,716,349.29. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Wanda F. Felton sold 4,185 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $46.65, for a total value of $195,230.25. Following the completion of the transaction, the director now owns 7,365 shares of the company’s stock, valued at $343,577.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Brian J. Comstock sold 2,500 shares of the company’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $46.39, for a total value of $115,975.00. Following the transaction, the executive vice president now directly owns 80,111 shares in the company, valued at $3,716,349.29. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,719 shares of company stock worth $547,803. Corporate insiders own 2.54% of the company’s stock.

Hedge Funds Weigh In On Greenbrier Companies

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Greenbrier Companies by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 3,668,144 shares of the transportation company’s stock valued at $89,025,000 after acquiring an additional 55,071 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Greenbrier Companies by 2.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,513,387 shares of the transportation company’s stock worth $111,042,000 after acquiring an additional 66,323 shares in the last quarter. State Street Corp boosted its stake in shares of Greenbrier Companies by 2.8% during the 1st quarter. State Street Corp now owns 1,178,808 shares of the transportation company’s stock worth $60,720,000 after acquiring an additional 32,658 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Greenbrier Companies by 31.9% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 1,032,460 shares of the transportation company’s stock worth $33,214,000 after acquiring an additional 249,720 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Greenbrier Companies by 5.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 690,729 shares of the transportation company’s stock valued at $22,221,000 after buying an additional 37,313 shares in the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Greenbrier Companies Company Profile

(Get Free Report)

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.

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