Greenbrier Companies (NYSE:GBX) posted its quarterly earnings data on Friday. The transportation company reported $0.80 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.03 by ($0.23), MarketWatch Earnings reports. The company had revenue of $689.20 million for the quarter, compared to analyst estimates of $663.98 million. Greenbrier Companies had a return on equity of 10.56% and a net margin of 5.92%. The business’s revenue was up 12.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.86 earnings per share. Greenbrier Companies updated its FY 2019 guidance to $4.20-4.40 EPS and its FY19 guidance to $4.20-4.40 EPS.
Shares of Greenbrier Companies stock traded down $4.98 during trading hours on Friday, reaching $48.81. 1,536,588 shares of the company’s stock were exchanged, compared to its average volume of 490,699. Greenbrier Companies has a 1 year low of $43.05 and a 1 year high of $64.87. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 12.98, a PEG ratio of 1.40 and a beta of 1.74. The company has a quick ratio of 1.97, a current ratio of 2.82 and a debt-to-equity ratio of 0.32.
A number of equities analysts have weighed in on the stock. ValuEngine cut shares of Greenbrier Companies from a “buy” rating to a “hold” rating in a research report on Saturday. Stifel Nicolaus upped their price objective on shares of Greenbrier Companies from $54.00 to $61.00 and gave the stock a “buy” rating in a research report on Monday, July 2nd. KeyCorp upped their price objective on shares of Greenbrier Companies from $60.00 to $65.00 and gave the stock an “overweight” rating in a research report on Friday, August 17th. Mizuho assumed coverage on shares of Greenbrier Companies in a research report on Wednesday, July 18th. They set a “neutral” rating and a $62.00 price objective for the company. Finally, Cowen restated a “buy” rating and set a $64.00 price objective on shares of Greenbrier Companies in a research report on Tuesday, July 24th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $62.29.
The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe. Its Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; and pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.
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