The Greenbrier Companies, Inc. (NYSE:GBX) Given Average Rating of “Hold” by Brokerages

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have been assigned an average recommendation of “Hold” from the five research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $54.00.

Several research firms have recently issued reports on GBX. TD Cowen raised their target price on shares of Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Monday, April 8th. Stephens boosted their target price on Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Finally, Susquehanna increased their price target on Greenbrier Companies from $56.00 to $63.00 and gave the stock a “positive” rating in a report on Tuesday, April 9th.

Insider Buying and Selling

In other Greenbrier Companies news, CEO Lorie Tekorius sold 9,642 shares of the company’s stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $52.00, for a total value of $501,384.00. Following the completion of the sale, the chief executive officer now directly owns 226,611 shares in the company, valued at approximately $11,783,772. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, COO William J. Krueger sold 8,800 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total transaction of $465,256.00. Following the transaction, the chief operating officer now directly owns 36,529 shares of the company’s stock, valued at $1,931,288.23. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Lorie Tekorius sold 9,642 shares of the company’s stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $52.00, for a total value of $501,384.00. Following the sale, the chief executive officer now owns 226,611 shares of the company’s stock, valued at approximately $11,783,772. The disclosure for this sale can be found here. Insiders have sold a total of 40,176 shares of company stock valued at $2,104,013 over the last quarter. 2.54% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Greenbrier Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC purchased a new stake in shares of Greenbrier Companies during the 3rd quarter valued at $396,000. Pathstone Family Office LLC purchased a new stake in shares of Greenbrier Companies during the 3rd quarter valued at $212,000. UBS Group AG lifted its holdings in shares of Greenbrier Companies by 248.7% during the 3rd quarter. UBS Group AG now owns 96,793 shares of the transportation company’s stock valued at $3,872,000 after purchasing an additional 69,036 shares during the last quarter. Brandywine Global Investment Management LLC lifted its holdings in shares of Greenbrier Companies by 12.1% during the 3rd quarter. Brandywine Global Investment Management LLC now owns 93,942 shares of the transportation company’s stock valued at $3,758,000 after purchasing an additional 10,145 shares during the last quarter. Finally, Numerai GP LLC purchased a new stake in shares of Greenbrier Companies during the 3rd quarter valued at $2,053,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Trading Down 0.6 %

Shares of Greenbrier Companies stock opened at $49.51 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98. Greenbrier Companies has a twelve month low of $32.00 and a twelve month high of $58.00. The business has a 50-day moving average price of $51.67 and a 200-day moving average price of $49.30. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 14.56, a PEG ratio of 0.68 and a beta of 1.60.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.28. The firm had revenue of $862.70 million for the quarter, compared to analysts’ expectations of $841.58 million. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The business’s revenue was down 23.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 EPS. Equities research analysts anticipate that Greenbrier Companies will post 4.23 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd were issued a $0.30 dividend. The ex-dividend date was Monday, April 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.42%. Greenbrier Companies’s payout ratio is 35.29%.

Greenbrier Companies Company Profile

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.