Greenbrier Companies Inc (NYSE:GBX) Director Duane Charles Mcdougall sold 10,116 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $26.51, for a total value of $268,175.16. Following the completion of the transaction, the director now directly owns 4,784 shares in the company, valued at $126,823.84. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of GBX opened at $25.73 on Friday. The company has a market cap of $841.37 million, a P/E ratio of 10.17, a PEG ratio of 2.32 and a beta of 1.70. The stock has a fifty day moving average price of $23.97 and a 200 day moving average price of $21.77. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.86 and a quick ratio of 1.11. Greenbrier Companies Inc has a 12 month low of $12.89 and a 12 month high of $34.30.
Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data on Friday, July 10th. The transportation company reported $1.05 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.91. The firm had revenue of $762.60 million during the quarter, compared to the consensus estimate of $606.46 million. Greenbrier Companies had a return on equity of 7.06% and a net margin of 2.74%. The firm’s revenue was down 10.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.89 EPS. As a group, research analysts anticipate that Greenbrier Companies Inc will post 1.66 earnings per share for the current year.
Institutional investors and hedge funds have recently modified their holdings of the stock. Comerica Bank lifted its position in shares of Greenbrier Companies by 8.7% in the 2nd quarter. Comerica Bank now owns 34,408 shares of the transportation company’s stock worth $904,000 after acquiring an additional 2,744 shares during the period. Duality Advisers LP bought a new stake in shares of Greenbrier Companies in the 2nd quarter worth approximately $522,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Greenbrier Companies by 226.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,722 shares of the transportation company’s stock worth $130,000 after acquiring an additional 3,968 shares during the period. ICM Asset Management Inc. WA lifted its position in shares of Greenbrier Companies by 12.3% in the 2nd quarter. ICM Asset Management Inc. WA now owns 45,800 shares of the transportation company’s stock worth $1,042,000 after acquiring an additional 5,000 shares during the period. Finally, Smith Graham & Co. Investment Advisors LP lifted its position in shares of Greenbrier Companies by 20.3% in the 2nd quarter. Smith Graham & Co. Investment Advisors LP now owns 274,680 shares of the transportation company’s stock worth $6,249,000 after acquiring an additional 46,388 shares during the period. Hedge funds and other institutional investors own 88.82% of the company’s stock.
A number of equities analysts have issued reports on the company. Susquehanna Bancshares raised Greenbrier Companies from a “negative” rating to a “neutral” rating and upped their target price for the company from $13.00 to $24.00 in a research report on Monday, July 13th. KeyCorp lowered their price target on Greenbrier Companies from $38.00 to $30.00 and set an “overweight” rating for the company in a report on Wednesday, April 8th. Wells Fargo & Co boosted their price target on Greenbrier Companies from $17.00 to $22.00 and gave the company an “underweight” rating in a report on Monday, July 13th. Stephens boosted their price target on Greenbrier Companies from $18.00 to $25.00 in a report on Monday, July 13th. Finally, Zacks Investment Research downgraded Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $26.00.
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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