Brokerages Set The Greenbrier Companies, Inc. (NYSE:GBX) Price Target at $54.00

The Greenbrier Companies, Inc. (NYSE:GBX) has been given an average recommendation of “Moderate Buy” by the four analysts that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and three have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $57.50.

Separately, StockNews.com cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Friday, August 23rd.

Insider Buying and Selling at Greenbrier Companies

In other Greenbrier Companies news, SVP Laurie R. Dornan sold 5,935 shares of the company’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $50.92, for a total value of $302,210.20. Following the completion of the transaction, the senior vice president now directly owns 23,226 shares in the company, valued at $1,182,667.92. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.54% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Greenbrier Companies

Hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC bought a new position in shares of Greenbrier Companies in the first quarter worth approximately $590,000. First Hawaiian Bank bought a new position in shares of Greenbrier Companies during the second quarter worth $801,000. International Assets Investment Management LLC bought a new position in shares of Greenbrier Companies during the fourth quarter worth $900,000. ClariVest Asset Management LLC boosted its position in shares of Greenbrier Companies by 118,372.2% during the first quarter. ClariVest Asset Management LLC now owns 21,325 shares of the transportation company’s stock worth $1,111,000 after acquiring an additional 21,307 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in shares of Greenbrier Companies by 2.7% during the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 955,670 shares of the transportation company’s stock worth $42,222,000 after acquiring an additional 25,300 shares during the last quarter. 95.59% of the stock is currently owned by institutional investors.

Greenbrier Companies Trading Down 2.8 %

Shares of NYSE GBX opened at $45.91 on Friday. The firm’s 50 day moving average price is $47.35 and its 200-day moving average price is $49.95. The company has a market cap of $1.43 billion, a PE ratio of 12.02, a P/E/G ratio of 0.60 and a beta of 1.53. Greenbrier Companies has a 52-week low of $32.00 and a 52-week high of $58.00. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Monday, July 8th. The transportation company reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.02). Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The company had revenue of $820.20 million for the quarter, compared to analysts’ expectations of $928.73 million. During the same period in the previous year, the firm earned $1.02 earnings per share. The firm’s revenue for the quarter was down 21.0% on a year-over-year basis. On average, equities research analysts expect that Greenbrier Companies will post 4.35 EPS for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Tuesday, July 23rd were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, July 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 2.61%. Greenbrier Companies’s dividend payout ratio is currently 31.41%.

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.