The Greenbrier Companies, Inc. (NYSE:GBX) Given Consensus Recommendation of “Hold” by Analysts

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have earned an average recommendation of “Hold” from the five brokerages that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $54.00.

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

Greenbrier Companies Stock Performance

Shares of GBX opened at $50.29 on Friday. The firm has a 50-day moving average price of $51.84 and a 200 day moving average price of $48.93. The firm has a market capitalization of $1.57 billion, a PE ratio of 14.79, a P/E/G ratio of 0.71 and a beta of 1.60. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98. Greenbrier Companies has a 52-week low of $31.23 and a 52-week high of $58.00.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.28. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The company had revenue of $862.70 million during the quarter, compared to analyst estimates of $841.58 million. During the same quarter last year, the firm posted $0.99 EPS. The business’s revenue for the quarter was down 23.1% on a year-over-year basis. On average, sell-side analysts anticipate that Greenbrier Companies will post 4.23 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 14th. Stockholders of record on Tuesday, April 23rd were paid a $0.30 dividend. The ex-dividend date was Monday, April 22nd. This represents a $1.20 annualized dividend and a dividend yield of 2.39%. Greenbrier Companies’s dividend payout ratio is presently 35.29%.

Insider Activity

In related news, COO William J. Krueger sold 8,800 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total transaction of $465,256.00. Following the transaction, the chief operating officer now owns 36,529 shares in the company, valued at approximately $1,931,288.23. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other Greenbrier Companies news, COO William J. Krueger sold 8,800 shares of the business’s stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $52.87, for a total transaction of $465,256.00. Following the completion of the sale, the chief operating officer now directly owns 36,529 shares of the company’s stock, valued at approximately $1,931,288.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Martin Raymond Baker sold 4,480 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $52.40, for a total value of $234,752.00. Following the completion of the sale, the senior vice president now directly owns 49,000 shares of the company’s stock, valued at $2,567,600. The disclosure for this sale can be found here. In the last quarter, insiders have sold 40,176 shares of company stock worth $2,104,013. Corporate insiders own 2.54% of the company’s stock.

Institutional Trading of Greenbrier Companies

A number of large investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC acquired a new stake in shares of Greenbrier Companies in the 3rd quarter valued at approximately $396,000. Pathstone Family Office LLC acquired a new stake in shares of Greenbrier Companies in the 3rd quarter valued at approximately $212,000. UBS Group AG boosted its holdings in shares of Greenbrier Companies by 248.7% in the 3rd quarter. UBS Group AG now owns 96,793 shares of the transportation company’s stock valued at $3,872,000 after buying an additional 69,036 shares during the last quarter. Brandywine Global Investment Management LLC boosted its holdings in shares of Greenbrier Companies by 12.1% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 93,942 shares of the transportation company’s stock valued at $3,758,000 after buying an additional 10,145 shares during the last quarter. Finally, Numerai GP LLC acquired a new stake in shares of Greenbrier Companies in the 3rd quarter valued at approximately $2,053,000. 95.59% of the stock is owned by institutional investors.

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.