Greenbrier Companies (NYSE:GBX) Rating Increased to Strong-Buy at Wall Street Zen

Greenbrier Companies (NYSE:GBX) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Saturday.

Separately, Susquehanna boosted their price objective on shares of Greenbrier Companies from $52.00 to $57.00 and gave the stock a “positive” rating in a research report on Wednesday.

Greenbrier Companies Stock Down 1.1%

GBX stock opened at $56.30 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.83 and a current ratio of 1.48. The stock has a market capitalization of $1.74 billion, a PE ratio of 7.97, a price-to-earnings-growth ratio of 1.57 and a beta of 1.71. Greenbrier Companies has a one year low of $37.77 and a one year high of $71.06. The company has a fifty day moving average of $45.97 and a 200-day moving average of $52.85.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Tuesday, July 1st. The transportation company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.87. The company had revenue of $842.70 million during the quarter, compared to the consensus estimate of $785.72 million. Greenbrier Companies had a return on equity of 14.56% and a net margin of 6.48%. Greenbrier Companies’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.06 earnings per share. As a group, analysts expect that Greenbrier Companies will post 5.9 EPS for the current year.

Insider Buying and Selling at Greenbrier Companies

In related news, COO William J. Krueger sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total transaction of $192,000.00. Following the sale, the chief operating officer owned 32,714 shares in the company, valued at approximately $1,570,272. This trade represents a 10.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.78% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Greenbrier Companies

Several hedge funds have recently made changes to their positions in the business. Alliancebernstein L.P. grew its holdings in Greenbrier Companies by 0.6% in the 4th quarter. Alliancebernstein L.P. now owns 32,993 shares of the transportation company’s stock valued at $2,012,000 after buying an additional 196 shares during the period. Versant Capital Management Inc lifted its holdings in shares of Greenbrier Companies by 44.7% during the 1st quarter. Versant Capital Management Inc now owns 690 shares of the transportation company’s stock worth $35,000 after acquiring an additional 213 shares during the period. Fox Run Management L.L.C. boosted its position in shares of Greenbrier Companies by 2.1% in the first quarter. Fox Run Management L.L.C. now owns 16,271 shares of the transportation company’s stock worth $833,000 after acquiring an additional 327 shares during the last quarter. Quarry LP grew its holdings in Greenbrier Companies by 892.7% in the fourth quarter. Quarry LP now owns 407 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 366 shares during the period. Finally, Swiss National Bank grew its holdings in Greenbrier Companies by 0.7% in the fourth quarter. Swiss National Bank now owns 61,200 shares of the transportation company’s stock valued at $3,733,000 after purchasing an additional 400 shares during the period. Institutional investors and hedge funds own 95.59% of the company’s stock.

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.