Brian J. Comstock Sells 10,000 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) EVP Brian J. Comstock sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $52.48, for a total value of $524,800.00. Following the completion of the transaction, the executive vice president now directly owns 70,111 shares in the company, valued at $3,679,425.28. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Greenbrier Companies Stock Performance

GBX stock opened at $49.55 on Thursday. The business’s fifty day moving average is $51.15 and its 200-day moving average is $45.26. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98. The company has a market cap of $1.54 billion, a P/E ratio of 14.57, a price-to-earnings-growth ratio of 1.76 and a beta of 1.66. The Greenbrier Companies, Inc. has a twelve month low of $25.41 and a twelve month high of $58.00.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.28. The company had revenue of $862.70 million for the quarter, compared to the consensus estimate of $841.58 million. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The firm’s quarterly revenue was down 23.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.99 EPS. Equities research analysts forecast that The Greenbrier Companies, Inc. will post 4.13 EPS for the current year.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Tuesday, April 23rd will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Monday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is currently 35.29%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Hexagon Capital Partners LLC bought a new stake in shares of Greenbrier Companies in the 1st quarter valued at $26,000. Gladius Capital Management LP bought a new stake in shares of Greenbrier Companies in the 3rd quarter valued at $31,000. BluePath Capital Management LLC bought a new stake in shares of Greenbrier Companies in the 3rd quarter valued at $32,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Greenbrier Companies in the 3rd quarter valued at $45,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in shares of Greenbrier Companies in the 4th quarter valued at $57,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Susquehanna boosted their target price on Greenbrier Companies from $56.00 to $63.00 and gave the stock a “positive” rating in a report on Tuesday, April 9th. TheStreet raised Greenbrier Companies from a “c+” rating to a “b” rating in a report on Friday, January 5th. Stephens upped their price objective on Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a report on Monday, April 8th. Finally, TD Cowen upped their price objective on Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, April 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $54.00.

About Greenbrier Companies

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.