Shares of The Greenbrier Companies, Inc. (NYSE:GBX - Get Free Report) have been given an average rating of "Moderate Buy" by the four research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating and three have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $60.00.
A number of analysts recently weighed in on the stock. Susquehanna increased their target price on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a "positive" rating in a report on Monday, October 21st. Bank of America upped their price target on shares of 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 lowered shares of Greenbrier Companies from a "hold" rating to a "sell" rating in a report on Friday, August 23rd.
Check Out Our Latest Analysis on Greenbrier Companies
Insider Buying and Selling
In related news, COO William J. Krueger sold 2,389 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $62.94, for a total value of $150,363.66. Following the completion of the transaction, the chief operating officer now directly owns 50,714 shares of the company's stock, valued at $3,191,939.16. This trade represents a 4.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Ricardo Galvan sold 1,388 shares of the business's stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $62.00, for a total transaction of $86,056.00. Following the sale, the senior vice president now directly owns 32,388 shares in the company, valued at approximately $2,008,056. This represents a 4.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,703 shares of company stock worth $790,338 in the last 90 days. 1.78% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Greenbrier Companies
Several institutional investors and hedge funds have recently made changes to their positions in the stock. International Assets Investment Management LLC boosted its holdings in shares of Greenbrier Companies by 4,988.9% in the 3rd quarter. International Assets Investment Management LLC now owns 23,460 shares of the transportation company's stock valued at $11,940,000 after acquiring an additional 22,999 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in Greenbrier Companies by 1.2% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company's stock valued at $80,111,000 after purchasing an additional 18,552 shares during the last quarter. Encompass Capital Advisors LLC acquired a new stake in Greenbrier Companies during the 2nd quarter worth about $19,820,000. Millennium Management LLC raised its stake in shares of Greenbrier Companies by 77.4% during the 2nd quarter. Millennium Management LLC now owns 144,221 shares of the transportation company's stock valued at $7,146,000 after buying an additional 62,911 shares during the last quarter. Finally, De Lisle Partners LLP lifted its holdings in shares of Greenbrier Companies by 36.3% in the 3rd quarter. De Lisle Partners LLP now owns 93,949 shares of the transportation company's stock valued at $4,777,000 after buying an additional 25,000 shares during the period. 95.59% of the stock is currently owned by institutional investors and hedge funds.
Greenbrier Companies Trading Up 0.9 %
Shares of Greenbrier Companies stock traded up $0.61 on Friday, hitting $67.59. 238,621 shares of the company traded hands, compared to its average volume of 318,731. The company has a current ratio of 1.58, a quick ratio of 0.87 and a debt-to-equity ratio of 0.91. The company has a market cap of $2.12 billion, a PE ratio of 13.60, a PEG ratio of 1.97 and a beta of 1.53. The stock's 50 day moving average price is $61.22 and its 200-day moving average price is $53.07. Greenbrier Companies has a 52 week low of $41.40 and a 52 week high of $69.12.
Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The transportation company reported $1.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.60. Greenbrier Companies had a return on equity of 10.86% and a net margin of 4.52%. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same period in the previous year, the company posted $0.92 EPS. Greenbrier Companies's revenue was up 1.4% on a year-over-year basis. Equities research analysts predict that Greenbrier Companies will post 5.2 EPS for the current year.
Greenbrier Companies Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend was Wednesday, November 6th. Greenbrier Companies's dividend payout ratio is currently 24.14%.
Greenbrier Companies Company Profile
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Get Free ReportThe 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.
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