TheStreet Lowers Greenbrier Companies (GBX) to C+

Greenbrier Companies (NYSE:GBX) was downgraded by research analysts at TheStreet from a “b” rating to a “c+” rating in a report issued on Wednesday.

GBX has been the subject of several other reports. Stifel Nicolaus set a $62.00 price target on shares of Greenbrier Companies and gave the company a “buy” rating in a research report on Monday, October 29th. ValuEngine lowered shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Thursday, December 13th. Seaport Global Securities restated a “buy” rating on shares of Greenbrier Companies in a research report on Wednesday. Zacks Investment Research upgraded shares of Greenbrier Companies from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research report on Thursday, November 1st. Finally, Cowen restated a “buy” rating and set a $65.00 price target on shares of Greenbrier Companies in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. Greenbrier Companies has an average rating of “Buy” and a consensus target price of $56.38.

NYSE GBX opened at $39.29 on Wednesday. The company has a quick ratio of 1.86, a current ratio of 2.76 and a debt-to-equity ratio of 0.35. Greenbrier Companies has a 12-month low of $37.44 and a 12-month high of $64.87. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 9.51, a price-to-earnings-growth ratio of 0.95 and a beta of 1.88.



Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Wednesday, January 9th. The transportation company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.06. Greenbrier Companies had a net margin of 5.60% and a return on equity of 8.87%. The business had revenue of $604.50 million during the quarter, compared to analyst estimates of $559.43 million. During the same period in the prior year, the business posted $0.83 earnings per share. The company’s revenue was up 8.0% on a year-over-year basis. Sell-side analysts predict that Greenbrier Companies will post 4.34 earnings per share for the current fiscal year.

In other news, EVP Mark J. Rittenbaum sold 9,954 shares of the company’s stock in a transaction dated Thursday, November 8th. The shares were sold at an average price of $51.30, for a total transaction of $510,640.20. Following the completion of the transaction, the executive vice president now directly owns 64,137 shares of the company’s stock, valued at $3,290,228.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.76% of the company’s stock.

Large investors have recently modified their holdings of the company. NEXT Financial Group Inc bought a new position in shares of Greenbrier Companies during the third quarter valued at about $111,000. Stone Ridge Asset Management LLC bought a new position in shares of Greenbrier Companies during the third quarter valued at about $210,000. Advisors Asset Management Inc. raised its stake in shares of Greenbrier Companies by 197.0% during the second quarter. Advisors Asset Management Inc. now owns 3,522 shares of the transportation company’s stock valued at $186,000 after acquiring an additional 2,336 shares during the last quarter. Trilogy Capital Inc. bought a new position in shares of Greenbrier Companies during the third quarter valued at about $221,000. Finally, Riverhead Capital Management LLC raised its stake in shares of Greenbrier Companies by 39.2% during the third quarter. Riverhead Capital Management LLC now owns 4,970 shares of the transportation company’s stock valued at $299,000 after acquiring an additional 1,400 shares during the last quarter.

About Greenbrier Companies

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The 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; 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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Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

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