The Greenbrier Companies, Inc. (NYSE:GBX) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have been assigned a consensus rating of “Moderate Buy” from the four analysts that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $60.00.

Several equities analysts have recently issued reports on the stock. Bank of America lifted their price objective on shares of Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a research note on Thursday, October 24th. StockNews.com cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 23rd. Finally, Susquehanna lifted their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research note on Monday, October 21st.

Greenbrier Companies Stock Down 1.2 %

Greenbrier Companies stock opened at $66.98 on Friday. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 13.48, a PEG ratio of 1.96 and a beta of 1.53. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91. The company’s 50-day moving average price is $61.22 and its two-hundred day moving average price is $53.07. Greenbrier Companies has a 52 week low of $38.85 and a 52 week high of $69.12.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.32 by $0.60. The firm had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Greenbrier Companies had a net margin of 4.52% and a return on equity of 10.86%. Greenbrier Companies’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the company earned $0.92 EPS. On average, analysts expect that Greenbrier Companies will post 5.2 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.79%. The ex-dividend date was Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is currently 24.14%.

Insider Transactions at Greenbrier Companies

In related news, SVP Ricardo Galvan sold 4,950 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $65.00, for a total transaction of $321,750.00. Following the completion of the sale, the senior vice president now directly owns 27,472 shares in the company, valued at approximately $1,785,680. This trade represents a 15.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $58.78, for a total transaction of $117,560.00. Following the sale, the chief operating officer now owns 48,714 shares of the company’s stock, valued at approximately $2,863,408.92. This represents a 3.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,703 shares of company stock valued at $790,338 over the last ninety days. Corporate insiders own 1.78% of the company’s stock.

Institutional Trading of Greenbrier Companies

Several institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. lifted its stake in Greenbrier Companies by 3.1% in the third quarter. Franklin Resources Inc. now owns 18,858 shares of the transportation company’s stock valued at $990,000 after acquiring an additional 562 shares during the last quarter. Tidal Investments LLC lifted its stake in Greenbrier Companies by 27.9% in the third quarter. Tidal Investments LLC now owns 5,454 shares of the transportation company’s stock valued at $278,000 after acquiring an additional 1,190 shares during the last quarter. Geode Capital Management LLC lifted its stake in Greenbrier Companies by 1.1% in the third quarter. Geode Capital Management LLC now owns 711,931 shares of the transportation company’s stock valued at $36,237,000 after acquiring an additional 7,886 shares during the last quarter. Hodges Capital Management Inc. lifted its stake in Greenbrier Companies by 216.6% in the third quarter. Hodges Capital Management Inc. now owns 319,094 shares of the transportation company’s stock valued at $16,239,000 after acquiring an additional 218,294 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Greenbrier Companies in the third quarter valued at approximately $296,000. 95.59% of the stock is currently owned by institutional investors and hedge funds.

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.