StockNews.com Downgrades Greenbrier Companies (NYSE:GBX) to Sell

Greenbrier Companies (NYSE:GBXGet Rating) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.

GBX has been the subject of a number of other research reports. Susquehanna lowered shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and boosted their price target for the company from $30.00 to $37.00 in a research note on Monday, November 7th. TheStreet upgraded shares of Greenbrier Companies from a “c+” rating to a “b-” rating in a research note on Friday, November 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $48.00.

Greenbrier Companies Stock Performance

Shares of GBX stock opened at $37.99 on Friday. The firm has a market capitalization of $1.25 billion, a PE ratio of 27.33, a price-to-earnings-growth ratio of 1.99 and a beta of 1.50. The firm has a fifty day simple moving average of $30.73 and a two-hundred day simple moving average of $33.24. The company has a current ratio of 1.87, a quick ratio of 1.08 and a debt-to-equity ratio of 0.89. Greenbrier Companies has a 12 month low of $23.80 and a 12 month high of $53.46.

Insider Transactions at Greenbrier Companies

In related news, Director William A. Furman sold 30,000 shares of the business’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $38.61, for a total value of $1,158,300.00. Following the transaction, the director now directly owns 253,018 shares of the company’s stock, valued at approximately $9,769,024.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director William A. Furman sold 30,000 shares of the business’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $38.61, for a total value of $1,158,300.00. Following the transaction, the director now directly owns 253,018 shares of the company’s stock, valued at approximately $9,769,024.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director William A. Furman sold 20,000 shares of the business’s stock in a transaction dated Monday, November 7th. The stock was sold at an average price of $37.12, for a total transaction of $742,400.00. Following the completion of the transaction, the director now directly owns 303,018 shares in the company, valued at $11,248,028.16. The disclosure for this sale can be found here. Insiders sold a total of 90,000 shares of company stock worth $3,439,900 in the last quarter. 2.32% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Greenbrier Companies

Several institutional investors have recently added to or reduced their stakes in GBX. Oliver Lagore Vanvalin Investment Group purchased a new stake in Greenbrier Companies during the first quarter valued at about $26,000. Samalin Investment Counsel LLC purchased a new stake in Greenbrier Companies during the first quarter valued at about $39,000. Antonetti Capital Management LLC purchased a new stake in Greenbrier Companies during the third quarter valued at about $44,000. Meeder Asset Management Inc. purchased a new stake in Greenbrier Companies during the first quarter valued at about $57,000. Finally, Tower Research Capital LLC TRC lifted its holdings in Greenbrier Companies by 160.2% during the third quarter. Tower Research Capital LLC TRC now owns 3,382 shares of the transportation company’s stock valued at $82,000 after purchasing an additional 2,082 shares during the last quarter. 98.23% of the stock is owned by hedge funds and other institutional investors.

About Greenbrier Companies

(Get Rating)

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.

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