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

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have been given an average recommendation of “Moderate Buy” by the four research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $60.00.

A number of analysts have weighed in on GBX shares. Susquehanna raised their price target on Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research note on Monday, October 21st. Bank of America raised their price target on Greenbrier Companies from $42.00 to $50.00 and gave the company an “underperform” rating in a research note on Thursday, October 24th. Finally, StockNews.com cut Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 23rd.

Insider Transactions at Greenbrier Companies

In related news, SVP Ricardo Galvan sold 4,950 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $65.00, for a total value of $321,750.00. Following the transaction, the senior vice president now owns 27,472 shares in the company, valued at $1,785,680. The trade was a 15.27 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO William J. Krueger sold 2,000 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $58.78, for a total value of $117,560.00. Following the completion of the transaction, the chief operating officer now owns 48,714 shares in the company, valued at $2,863,408.92. This trade represents a 3.94 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,703 shares of company stock worth $790,338. Corporate insiders own 2.54% of the company’s stock.

Hedge Funds Weigh In On Greenbrier Companies

Several institutional investors have recently added to or reduced their stakes in GBX. Encompass Capital Advisors LLC acquired a new position in Greenbrier Companies in the 2nd quarter valued at about $19,820,000. Hodges Capital Management Inc. boosted its holdings in Greenbrier Companies by 216.6% in the 3rd quarter. Hodges Capital Management Inc. now owns 319,094 shares of the transportation company’s stock valued at $16,239,000 after purchasing an additional 218,294 shares in the last quarter. Hennessy Advisors Inc. purchased a new stake in Greenbrier Companies in the 2nd quarter valued at approximately $8,126,000. Galibier Capital Management Ltd. purchased a new stake in Greenbrier Companies in the 2nd quarter valued at approximately $5,175,000. Finally, SG Capital Management LLC purchased a new stake in Greenbrier Companies in the 1st quarter valued at approximately $4,594,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

Greenbrier Companies Stock Down 1.5 %

Shares of GBX opened at $65.13 on Monday. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 13.10, a PEG ratio of 1.89 and a beta of 1.51. The stock’s 50-day moving average price is $54.33 and its 200-day moving average price is $51.07. The company has a quick ratio of 0.87, a current ratio of 1.58 and a debt-to-equity ratio of 0.91. Greenbrier Companies has a 52 week low of $36.21 and a 52 week high of $67.22.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.32 by $0.60. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The firm had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter last year, the firm earned $0.92 earnings per share. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. On average, sell-side analysts predict that Greenbrier Companies will post 5.2 EPS for the current year.

Greenbrier Companies Dividend Announcement

The company 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 dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is currently 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.