The Greenbrier Companies, Inc. (NYSE:GBX) Receives $54.00 Average PT from Analysts

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have been assigned an average rating of “Moderate Buy” from the four ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $57.50.

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

Insider Buying and Selling

In related news, SVP Laurie R. Dornan sold 5,935 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $50.92, for a total value of $302,210.20. Following the transaction, the senior vice president now owns 23,226 shares of the company’s stock, valued at approximately $1,182,667.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.54% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC increased its position in Greenbrier Companies by 1.5% during the 1st quarter. Commonwealth Equity Services LLC now owns 15,379 shares of the transportation company’s stock valued at $801,000 after purchasing an additional 224 shares during the period. SummerHaven Investment Management LLC raised its holdings in shares of Greenbrier Companies by 1.7% in the 2nd quarter. SummerHaven Investment Management LLC now owns 17,083 shares of the transportation company’s stock valued at $846,000 after purchasing an additional 284 shares in the last quarter. Louisiana State Employees Retirement System raised its holdings in shares of Greenbrier Companies by 1.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,700 shares of the transportation company’s stock valued at $778,000 after purchasing an additional 300 shares in the last quarter. Texas Permanent School Fund Corp raised its holdings in shares of Greenbrier Companies by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 27,211 shares of the transportation company’s stock valued at $1,418,000 after purchasing an additional 356 shares in the last quarter. Finally, Cullen Investment Group LTD. raised its holdings in shares of Greenbrier Companies by 1.8% in the 1st quarter. Cullen Investment Group LTD. now owns 19,840 shares of the transportation company’s stock valued at $1,020,000 after purchasing an additional 359 shares in the last quarter. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Price Performance

GBX stock opened at $45.91 on Friday. Greenbrier Companies has a 52 week low of $32.00 and a 52 week high of $58.00. 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 fifty day simple moving average of $47.35 and a two-hundred day simple moving average of $49.95. The firm has a market capitalization of $1.43 billion, a P/E ratio of 12.02, a price-to-earnings-growth ratio of 0.60 and a beta of 1.53.

Greenbrier Companies (NYSE:GBX) last announced its earnings results 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 firm had revenue of $820.20 million during the quarter, compared to analysts’ expectations of $928.73 million. During the same period in the prior year, the company posted $1.02 EPS. The company’s revenue was down 21.0% compared to the same quarter last year. Analysts anticipate that Greenbrier Companies will post 4.35 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Tuesday, July 23rd were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.61%. The ex-dividend date was Tuesday, July 23rd. Greenbrier Companies’s dividend payout ratio is presently 31.41%.

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.