Greenbrier Companies, Inc. (The) (NYSE:GBX) has earned a consensus rating of “Hold” from the fourteen brokerages that are currently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $44.54.
GBX has been the topic of a number of recent analyst reports. BidaskClub raised Greenbrier Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. ValuEngine raised Greenbrier Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Zacks Investment Research lowered Greenbrier Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Tuesday, April 11th. Bank of America Corporation raised Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $49.00 to $59.00 in a research note on Tuesday, July 4th. Finally, Buckingham Research started coverage on Greenbrier Companies, Inc. (The) in a research note on Wednesday, June 21st. They set a “neutral” rating and a $45.00 price target on the stock.
Shares of Greenbrier Companies, Inc. (NYSE:GBX) opened at 45.95 on Monday. Greenbrier Companies, Inc. has a 52 week low of $28.95 and a 52 week high of $51.25. The company has a market capitalization of $1.31 billion, a PE ratio of 11.59 and a beta of 1.86. The company’s 50 day moving average is $45.78 and its 200-day moving average is $44.75.
Greenbrier Companies, Inc. (The) (NYSE:GBX) last posted its quarterly earnings data on Thursday, June 29th. The transportation company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.21. The company had revenue of $439.20 million for the quarter, compared to analyst estimates of $516.17 million. Greenbrier Companies, Inc. (The) had a return on equity of 11.74% and a net margin of 5.85%. The business’s revenue was down 28.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.12 earnings per share. On average, analysts expect that Greenbrier Companies, Inc. will post $3.54 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 8th. Shareholders of record on Tuesday, July 18th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.92%. The ex-dividend date is Friday, July 14th. Greenbrier Companies, Inc. (The)’s payout ratio is 22.17%.
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In other Greenbrier Companies, Inc. (The) news, EVP Mark J. Rittenbaum sold 2,100 shares of the stock in a transaction dated Friday, May 26th. The stock was sold at an average price of $44.75, for a total value of $93,975.00. Following the transaction, the executive vice president now owns 63,827 shares of the company’s stock, valued at $2,856,258.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Alejandro Centurion sold 3,000 shares of the stock in a transaction dated Tuesday, July 11th. The shares were sold at an average price of $43.05, for a total value of $129,150.00. Following the completion of the transaction, the executive vice president now directly owns 17,583 shares in the company, valued at approximately $756,948.15. The disclosure for this sale can be found here. Insiders sold 9,400 shares of company stock worth $411,005 in the last three months. Insiders own 4.60% of the company’s stock.
Large investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Greenbrier Companies, Inc. (The) by 7.1% in the first quarter. Vanguard Group Inc. now owns 5,200,115 shares of the transportation company’s stock valued at $224,125,000 after buying an additional 343,139 shares during the period. Schroder Investment Management Group increased its stake in shares of Greenbrier Companies, Inc. (The) by 975.6% in the first quarter. Schroder Investment Management Group now owns 786,285 shares of the transportation company’s stock valued at $33,928,000 after buying an additional 713,185 shares during the period. Victory Capital Management Inc. increased its stake in shares of Greenbrier Companies, Inc. (The) by 14.1% in the first quarter. Victory Capital Management Inc. now owns 729,772 shares of the transportation company’s stock valued at $31,454,000 after buying an additional 90,405 shares during the period. State Street Corp increased its stake in shares of Greenbrier Companies, Inc. (The) by 14.3% in the first quarter. State Street Corp now owns 724,283 shares of the transportation company’s stock valued at $31,217,000 after buying an additional 90,832 shares during the period. Finally, OppenheimerFunds Inc. increased its stake in shares of Greenbrier Companies, Inc. (The) by 18.6% in the first quarter. OppenheimerFunds Inc. now owns 435,582 shares of the transportation company’s stock valued at $18,774,000 after buying an additional 68,308 shares during the period.
About Greenbrier Companies, Inc. (The)
The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.
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