Greenbrier Companies (GBX) Set to Announce Quarterly Earnings on Monday

Greenbrier Companies (NYSE:GBX) is scheduled to announce its earnings results before the market opens on Monday, July 8th. Analysts expect the company to announce earnings of $1.08 per share for the quarter. Greenbrier Companies has set its FY 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 EPS 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 during the quarter, compared to analyst estimates of $841.58 million. During the same period last year, the company posted $0.99 EPS. The business’s quarterly revenue was down 23.1% compared to the same quarter last year. On average, analysts expect Greenbrier Companies to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Greenbrier Companies Trading Down 0.5 %

Shares of NYSE GBX opened at $49.55 on Monday. Greenbrier Companies has a one year low of $32.00 and a one year high of $58.00. The firm has a market capitalization of $1.54 billion, a PE ratio of 14.57, a PEG ratio of 0.69 and a beta of 1.60. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98. The business has a 50-day moving average price of $51.67 and a two-hundred day moving average price of $49.42.

Greenbrier Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, April 22nd. This represents a $1.20 dividend on an annualized basis and a yield of 2.42%. Greenbrier Companies’s payout ratio is presently 35.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Susquehanna raised their price objective on Greenbrier Companies from $56.00 to $63.00 and gave the stock a “positive” rating in a research report on Tuesday, April 9th. Stephens raised their price objective on Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a research report on Monday, April 8th. Finally, TD Cowen raised their price target on Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Greenbrier Companies presently has a consensus rating of “Hold” and a consensus target price of $54.00.

Insider Transactions at Greenbrier Companies

In related news, COO William J. Krueger sold 8,800 shares of the firm’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $52.87, for a total value of $465,256.00. Following the transaction, 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 can be accessed through this hyperlink. In other Greenbrier Companies news, EVP Brian J. Comstock sold 10,000 shares of Greenbrier Companies stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $52.48, for a total value of $524,800.00. Following the transaction, the executive vice president now directly owns 70,111 shares of the company’s stock, valued at approximately $3,679,425.28. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO William J. Krueger sold 8,800 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $52.87, for a total value of $465,256.00. Following the completion of the transaction, the chief operating officer now directly owns 36,529 shares in the company, valued at $1,931,288.23. The disclosure for this sale can be found here. Insiders sold 40,176 shares of company stock valued at $2,104,013 in the last three months. Corporate insiders own 2.54% of the company’s stock.

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.