The Greenbrier Companies, Inc. (NYSE:GBX) Given Average Rating of “Hold” by Analysts

The Greenbrier Companies, Inc. (NYSE:GBX) has earned an average rating of “Hold” from the five research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $54.00.

A number of research firms have recently weighed in on GBX. Stephens raised their price target on Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Susquehanna raised their price target on shares of Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a report on Tuesday, April 9th. Finally, TD Cowen lifted their price objective on shares of Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, April 8th.

Insider Activity

In other Greenbrier Companies news, EVP Brian J. Comstock sold 10,000 shares of Greenbrier Companies stock in a transaction on Monday, April 29th. The shares were sold at an average price of $52.48, for a total transaction of $524,800.00. Following the sale, the executive vice president now owns 70,111 shares in the company, valued at $3,679,425.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, EVP Brian J. Comstock sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $52.48, for a total transaction of $524,800.00. Following the completion of the transaction, the executive vice president now owns 70,111 shares in the company, valued at approximately $3,679,425.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO William J. Krueger sold 8,800 shares of the company’s stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total value of $465,256.00. Following the completion of the sale, the chief operating officer now owns 36,529 shares in the company, valued at $1,931,288.23. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 40,176 shares of company stock worth $2,104,013. Company insiders own 2.54% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Hexagon Capital Partners LLC bought a new position in shares of Greenbrier Companies in the first quarter worth about $26,000. Gladius Capital Management LP bought a new position in Greenbrier Companies in the third quarter valued at $31,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of Greenbrier Companies in the 4th quarter valued at approximately $57,000. Tradewinds Capital Management LLC bought a new position in shares of Greenbrier Companies in the first quarter valued at $78,000. Finally, Russell Investments Group Ltd. increased its holdings in Greenbrier Companies by 404.0% during the fourth quarter. Russell Investments Group Ltd. now owns 2,253 shares of the transportation company’s stock worth $100,000 after buying an additional 1,806 shares during the last quarter. 95.59% of the stock is owned by institutional investors and hedge funds.

Greenbrier Companies Price Performance

Shares of NYSE:GBX opened at $49.01 on Friday. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98. The firm’s 50 day moving average is $51.78 and its two-hundred day moving average is $49.22. The firm has a market capitalization of $1.53 billion, a P/E ratio of 14.41, a PEG ratio of 0.68 and a beta of 1.60. Greenbrier Companies has a 52 week low of $31.57 and a 52 week high of $58.00.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.28. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The company had revenue of $862.70 million for the quarter, compared to the consensus estimate of $841.58 million. During the same quarter in the previous year, the business earned $0.99 EPS. The company’s quarterly revenue was down 23.1% compared to the same quarter last year. Analysts anticipate that Greenbrier Companies will post 4.23 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd were paid a dividend of $0.30 per share. The ex-dividend date was Monday, April 22nd. This represents a $1.20 annualized dividend and a yield of 2.45%. Greenbrier Companies’s dividend payout ratio is 35.29%.

About Greenbrier Companies

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.