The Greenbrier Companies, Inc. (NYSE:GBX) Receives $54.00 Consensus Target Price from Analysts

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

A number of research analysts have recently commented on the company. Susquehanna raised their target price on Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a research note on Tuesday, April 9th. Stephens lifted their price target on shares of Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Finally, TD Cowen raised their target price on shares of Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, April 8th.

Greenbrier Companies Stock Performance

NYSE:GBX opened at $52.23 on Friday. 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 has a fifty-two week low of $25.41 and a fifty-two week high of $58.00. The business has a 50 day moving average price of $51.24 and a 200-day moving average price of $45.42. The firm has a market cap of $1.63 billion, a PE ratio of 15.36, a price-to-earnings-growth ratio of 1.81 and a beta of 1.65.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.28. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The firm had revenue of $862.70 million for the quarter, compared to analyst estimates of $841.58 million. During the same period last year, the company earned $0.99 EPS. The business’s quarterly revenue was down 23.1% compared to the same quarter last year. Equities research analysts predict that Greenbrier Companies will post 4.13 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date is Monday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is presently 35.29%.

Insider Buying and Selling

In other Greenbrier Companies news, SVP Christian Lucky sold 1,454 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $52.94, for a total transaction of $76,974.76. Following the completion of the sale, the senior vice president now directly owns 7,841 shares of the company’s stock, valued at $415,102.54. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Greenbrier Companies news, Director Wanda F. Felton sold 4,185 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $46.65, for a total transaction of $195,230.25. Following the transaction, the director now owns 7,365 shares of the company’s stock, valued at $343,577.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Christian Lucky sold 1,454 shares of the firm’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $52.94, for a total value of $76,974.76. Following the sale, the senior vice president now directly owns 7,841 shares in the company, valued at $415,102.54. The disclosure for this sale can be found here. Insiders sold 44,361 shares of company stock valued at $2,299,243 over the last 90 days. Company insiders own 2.54% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new position in Greenbrier Companies during the fourth quarter valued at $10,242,000. American Century Companies Inc. increased its holdings in shares of Greenbrier Companies by 306.6% in the 3rd quarter. American Century Companies Inc. now owns 255,503 shares of the transportation company’s stock worth $10,220,000 after buying an additional 192,657 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new position in shares of Greenbrier Companies in the 3rd quarter valued at about $4,710,000. Victory Capital Management Inc. increased its stake in Greenbrier Companies by 74.9% during the fourth quarter. Victory Capital Management Inc. now owns 192,667 shares of the transportation company’s stock worth $8,512,000 after acquiring an additional 82,540 shares during the last quarter. Finally, LSV Asset Management bought a new stake in shares of Greenbrier Companies in the 3rd quarter valued at approximately $2,960,000. 95.59% of the stock is owned by hedge funds and other institutional investors.

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.