Greenbrier Companies Inc (NYSE:GBX) Receives Average Recommendation of “Hold” from Brokerages

Greenbrier Companies Inc (NYSE:GBX) has been assigned an average recommendation of “Hold” from the eleven analysts that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $33.33.

A number of equities research analysts have commented on the company. Zacks Investment Research lowered Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 29th. ValuEngine raised Greenbrier Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, December 3rd. Susquehanna Bancshares downgraded Greenbrier Companies from a “positive” rating to a “neutral” rating and lowered their price objective for the stock from $33.00 to $30.00 in a research report on Friday, November 8th. Cowen reduced their target price on Greenbrier Companies from $42.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, October 28th. Finally, Wells Fargo & Co reiterated a “hold” rating on shares of Greenbrier Companies in a report on Friday, October 25th.

GBX opened at $28.78 on Monday. The company has a market cap of $938.12 million, a P/E ratio of 10.03, a PEG ratio of 1.09 and a beta of 2.13. The company has a current ratio of 2.31, a quick ratio of 1.20 and a debt-to-equity ratio of 0.57. The company’s 50 day moving average is $29.81 and its 200-day moving average is $28.18. Greenbrier Companies has a 1-year low of $21.30 and a 1-year high of $45.95.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Friday, October 25th. The transportation company reported $1.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.38 by ($0.07). The company had revenue of $914.20 million during the quarter, compared to analyst estimates of $957.40 million. Greenbrier Companies had a net margin of 2.34% and a return on equity of 6.95%. The business’s revenue for the quarter was up 32.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.94 earnings per share. On average, equities analysts forecast that Greenbrier Companies will post 2.77 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, November 13th were issued a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.00 annualized dividend and a yield of 3.47%. Greenbrier Companies’s payout ratio is 34.84%.

In other Greenbrier Companies news, EVP Mark J. Rittenbaum sold 6,041 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $32.91, for a total transaction of $198,809.31. Following the completion of the sale, the executive vice president now directly owns 63,837 shares in the company, valued at approximately $2,100,875.67. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Mark J. Rittenbaum sold 1,774 shares of the stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $30.26, for a total value of $53,681.24. Following the sale, the executive vice president now owns 69,878 shares of the company’s stock, valued at $2,114,508.28. The disclosure for this sale can be found here. 2.26% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in GBX. Steward Partners Investment Advisory LLC increased its holdings in Greenbrier Companies by 86.0% in the third quarter. Steward Partners Investment Advisory LLC now owns 1,200 shares of the transportation company’s stock worth $36,000 after purchasing an additional 555 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of Greenbrier Companies by 242.2% during the 2nd quarter. Advisory Services Network LLC now owns 1,540 shares of the transportation company’s stock worth $47,000 after buying an additional 1,090 shares in the last quarter. Marshall Wace North America L.P. acquired a new stake in shares of Greenbrier Companies during the 1st quarter worth approximately $51,000. NEXT Financial Group Inc grew its position in shares of Greenbrier Companies by 30.8% during the 2nd quarter. NEXT Financial Group Inc now owns 1,700 shares of the transportation company’s stock worth $52,000 after buying an additional 400 shares during the period. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Greenbrier Companies in the 3rd quarter valued at $83,000. Institutional investors own 86.80% 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. 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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