The Greenbrier Companies, Inc. (NYSE:GBX – Get Rating) Chairman William A. Furman sold 59,768 shares of the business’s stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $32.11, for a total value of $1,919,150.48. Following the sale, the chairman now owns 660,191 shares in the company, valued at $21,198,733.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Greenbrier Companies Price Performance
Shares of GBX stock opened at $31.43 on Tuesday. The stock’s fifty day simple moving average is $36.01 and its 200 day simple moving average is $41.57. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.95 and a quick ratio of 1.12. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 3.11 and a beta of 1.34. The Greenbrier Companies, Inc. has a one year low of $28.01 and a one year high of $53.46.
Greenbrier Companies (NYSE:GBX – Get Rating) last posted its quarterly earnings data on Monday, July 11th. The transportation company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.58). The business had revenue of $793.50 million during the quarter, compared to analyst estimates of $736.13 million. Greenbrier Companies had a return on equity of 4.18% and a net margin of 2.23%. Greenbrier Companies’s revenue for the quarter was up 76.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 EPS. On average, analysts expect that The Greenbrier Companies, Inc. will post 1.46 earnings per share for the current fiscal year.
Greenbrier Companies Announces Dividend
Hedge Funds Weigh In On Greenbrier Companies
Institutional investors and hedge funds have recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. acquired a new position in Greenbrier Companies in the fourth quarter worth $201,000. Isthmus Partners LLC lifted its stake in shares of Greenbrier Companies by 3.5% during the first quarter. Isthmus Partners LLC now owns 46,405 shares of the transportation company’s stock valued at $2,390,000 after acquiring an additional 1,553 shares during the period. SummerHaven Investment Management LLC lifted its stake in shares of Greenbrier Companies by 4.5% during the first quarter. SummerHaven Investment Management LLC now owns 20,320 shares of the transportation company’s stock valued at $1,047,000 after acquiring an additional 871 shares during the period. StrategIQ Financial Group LLC lifted its stake in shares of Greenbrier Companies by 21.3% during the fourth quarter. StrategIQ Financial Group LLC now owns 8,234 shares of the transportation company’s stock valued at $378,000 after acquiring an additional 1,447 shares during the period. Finally, Atlas Private Wealth Advisors acquired a new position in shares of Greenbrier Companies during the first quarter valued at $708,000. Institutional investors and hedge funds own 98.07% of the company’s stock.
Analysts Set New Price Targets
GBX has been the topic of a number of research reports. Bank of America cut Greenbrier Companies from a “buy” rating to a “neutral” rating in a research report on Monday, July 11th. StockNews.com cut Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Monday, July 11th. TheStreet cut Greenbrier Companies from a “b-” rating to a “c” rating in a research report on Monday, July 11th. Susquehanna decreased their price target on Greenbrier Companies from $58.00 to $38.00 and set a “positive” rating on the stock in a research note on Tuesday, July 12th. Finally, Stephens decreased their price target on Greenbrier Companies from $63.00 to $59.00 and set an “overweight” rating on the stock in a research note on Thursday, April 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $48.50.
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; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels.
- Get a free copy of the StockNews.com research report on Greenbrier Companies (GBX)
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