The Greenbrier Companies, Inc. (NYSE:GBX) Given Consensus Recommendation of “Moderate Buy” by Analysts

The Greenbrier Companies, Inc. (NYSE:GBX) has earned an average rating of “Moderate Buy” from the four ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and three have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $60.00.

A number of equities analysts recently issued reports on GBX shares. StockNews.com lowered shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. Susquehanna boosted their target price on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Finally, Bank of America boosted their price target on shares of Greenbrier Companies from $42.00 to $50.00 and gave the company an “underperform” rating in a report on Thursday, October 24th.

Greenbrier Companies Trading Down 1.2 %

Shares of GBX stock opened at $66.98 on Friday. Greenbrier Companies has a 1 year low of $38.85 and a 1 year high of $69.12. The firm’s fifty day simple moving average is $61.22 and its 200 day simple moving average is $53.07. The firm has a market capitalization of $2.10 billion, a P/E ratio of 13.48, a price-to-earnings-growth ratio of 1.96 and a beta of 1.53. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.60. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the previous year, the firm posted $0.92 earnings per share. Greenbrier Companies’s revenue was up 1.4% compared to the same quarter last year. As a group, sell-side analysts predict that Greenbrier Companies will post 5.2 EPS for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.79%. The ex-dividend date was Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 24.14%.

Insider Buying and Selling at Greenbrier Companies

In other news, COO William J. Krueger sold 2,389 shares of the business’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $62.94, for a total value of $150,363.66. Following the sale, the chief operating officer now owns 50,714 shares in the company, valued at approximately $3,191,939.16. The trade was a 4.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ricardo Galvan sold 1,388 shares of the business’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $62.00, for a total transaction of $86,056.00. Following the completion of the sale, the senior vice president now owns 32,388 shares in the company, valued at $2,008,056. This represents a 4.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,703 shares of company stock valued at $790,338 in the last 90 days. 1.78% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC lifted its position in Greenbrier Companies by 4,988.9% during the 3rd quarter. International Assets Investment Management LLC now owns 23,460 shares of the transportation company’s stock worth $11,940,000 after buying an additional 22,999 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in Greenbrier Companies by 1.2% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company’s stock worth $80,111,000 after buying an additional 18,552 shares in the last quarter. Encompass Capital Advisors LLC acquired a new position in Greenbrier Companies during the 2nd quarter worth about $19,820,000. Millennium Management LLC lifted its position in Greenbrier Companies by 77.4% during the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company’s stock worth $7,146,000 after buying an additional 62,911 shares in the last quarter. Finally, De Lisle Partners LLP lifted its position in Greenbrier Companies by 36.3% during the 3rd quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company’s stock worth $4,777,000 after buying an additional 25,000 shares in the last quarter. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Company Profile

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.