The Greenbrier Companies, Inc. (NYSE:GBX) Receives Consensus Rating of “Moderate Buy” from Brokerages

The Greenbrier Companies, Inc. (NYSE:GBX) has been assigned an average recommendation of “Moderate Buy” from the four research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $60.00.

GBX has been the subject of a number of analyst reports. StockNews.com cut Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Friday, August 23rd. Susquehanna boosted their price target on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday. Finally, Bank of America boosted their price target on Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a report on Thursday.

Insider Transactions at Greenbrier Companies

In other Greenbrier Companies news, SVP Laurie R. Dornan sold 5,935 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $50.92, for a total transaction of $302,210.20. Following the sale, the senior vice president now directly owns 23,226 shares in the company, valued at $1,182,667.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.54% of the company’s stock.

Institutional Investors Weigh In On Greenbrier Companies

A number of institutional investors have recently made changes to their positions in GBX. Canada Pension Plan Investment Board acquired a new stake in shares of Greenbrier Companies in the second quarter valued at $25,000. Hexagon Capital Partners LLC acquired a new position in Greenbrier Companies during the first quarter valued at $26,000. GAMMA Investing LLC raised its position in Greenbrier Companies by 60.9% during the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after buying an additional 207 shares during the period. NBC Securities Inc. acquired a new position in Greenbrier Companies during the third quarter valued at $55,000. Finally, Meeder Asset Management Inc. acquired a new position in Greenbrier Companies in the 2nd quarter worth about $67,000. 95.59% of the stock is currently owned by institutional investors.

Greenbrier Companies Price Performance

GBX stock traded up $6.18 during midday trading on Thursday, hitting $57.63. 168,727 shares of the stock were exchanged, compared to its average volume of 317,454. The stock’s 50-day moving average price is $49.00 and its 200-day moving average price is $49.81. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 0.60 and a beta of 1.53. Greenbrier Companies has a fifty-two week low of $32.00 and a fifty-two week high of $58.64. 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 issued its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.60. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Greenbrier Companies had a return on equity of 8.95% and a net margin of 3.51%. Greenbrier Companies’s revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.92 earnings per share. Research analysts predict that Greenbrier Companies will post 4.35 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies’s payout ratio is 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.