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

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have received a consensus recommendation of “Moderate Buy” from the four analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating and three have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $60.00.

Several research firms recently issued reports on GBX. Susquehanna increased their target price on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research report on Monday, October 21st. Bank of America increased their target price on Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a research report on Thursday, October 24th. Finally, StockNews.com cut Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd.

Insider Buying and Selling

In other Greenbrier Companies news, COO William J. Krueger sold 2,000 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $58.78, for a total transaction of $117,560.00. Following the transaction, the chief operating officer now directly owns 48,714 shares in the company, valued at $2,863,408.92. This trade represents a 3.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Ricardo Galvan sold 1,388 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $62.00, for a total value of $86,056.00. Following the transaction, the senior vice president now owns 32,388 shares in the company, valued at $2,008,056. The trade was a 4.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 12,703 shares of company stock valued at $790,338. Insiders own 2.54% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Canada Pension Plan Investment Board purchased a new position in shares of Greenbrier Companies in the 2nd quarter valued at $25,000. GAMMA Investing LLC increased its holdings in shares of Greenbrier Companies by 60.9% in the 3rd quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 207 shares during the period. Gladius Capital Management LP purchased a new position in shares of Greenbrier Companies in the 3rd quarter valued at $32,000. NBC Securities Inc. purchased a new position in shares of Greenbrier Companies in the 3rd quarter valued at $55,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Greenbrier Companies in the 2nd quarter valued at $67,000. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Stock Down 1.5 %

GBX stock opened at $65.13 on Monday. Greenbrier Companies has a fifty-two week low of $36.21 and a fifty-two week high of $67.22. The business’s 50-day moving average is $54.33 and its two-hundred day moving average is $51.07. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.87 and a current ratio of 1.58. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 13.10, a P/E/G ratio of 1.89 and a beta of 1.51.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.60. The business 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 10.86% and a net margin of 4.52%. The business’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.92 earnings per share. As a group, analysts forecast that Greenbrier Companies will post 5.2 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.84%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s payout ratio is 24.14%.

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.