Brokerages Set The Greenbrier Companies, Inc. (NYSE:GBX) Price Target at $41.50

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have been given a consensus recommendation of “Hold” by the five ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $54.00.

A number of research analysts have recently issued reports on the stock. Susquehanna lifted their price objective on shares of Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a report on Tuesday. TheStreet upgraded shares of Greenbrier Companies from a “c+” rating to a “b” rating in a report on Friday, January 5th. TD Cowen lifted their price objective on shares of Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a report on Monday. Finally, Stephens lifted their price objective on shares of Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Monday.

Insider Activity

In other news, Director Wanda F. Felton sold 4,185 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $46.65, for a total value of $195,230.25. Following the sale, the director now owns 7,365 shares of the company’s stock, valued at $343,577.25. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Greenbrier Companies news, Director Wanda F. Felton sold 4,185 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $46.65, for a total value of $195,230.25. Following the completion of the transaction, the director now owns 7,365 shares of the company’s stock, valued at approximately $343,577.25. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Brian J. Comstock sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $46.39, for a total transaction of $115,975.00. Following the completion of the transaction, the executive vice president now directly owns 80,111 shares of the company’s stock, valued at approximately $3,716,349.29. The disclosure for this sale can be found here. Insiders have sold a total of 11,719 shares of company stock valued at $547,803 over the last quarter. Company insiders own 2.54% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GBX. SummerHaven Investment Management LLC raised its stake in Greenbrier Companies by 1.6% during the fourth quarter. SummerHaven Investment Management LLC now owns 16,596 shares of the transportation company’s stock valued at $733,000 after buying an additional 254 shares during the last quarter. Sheets Smith Wealth Management raised its stake in shares of Greenbrier Companies by 3.0% in the third quarter. Sheets Smith Wealth Management now owns 10,886 shares of the transportation company’s stock worth $435,000 after purchasing an additional 313 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Greenbrier Companies by 6.1% in the third quarter. Public Employees Retirement System of Ohio now owns 6,127 shares of the transportation company’s stock worth $149,000 after purchasing an additional 350 shares during the last quarter. Cullen Investment Group LTD. raised its stake in shares of Greenbrier Companies by 1.8% in the first quarter. Cullen Investment Group LTD. now owns 19,840 shares of the transportation company’s stock worth $1,020,000 after purchasing an additional 359 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Greenbrier Companies by 3.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,363 shares of the transportation company’s stock worth $415,000 after purchasing an additional 468 shares during the last quarter. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Price Performance

Shares of NYSE GBX opened at $53.42 on Monday. Greenbrier Companies has a twelve month low of $25.41 and a twelve month high of $58.00. The firm has a fifty day simple moving average of $49.95 and a 200 day simple moving average of $44.03. The company has a market capitalization of $1.66 billion, a PE ratio of 15.71, a P/E/G ratio of 1.95 and a beta of 1.66. The company has a quick ratio of 0.86, a current ratio of 1.73 and a debt-to-equity ratio of 0.98.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.28. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The firm had revenue of $862.70 million during the quarter, compared to the consensus estimate of $841.58 million. During the same period in the previous year, the firm posted $0.99 earnings per share. The business’s revenue was down 23.1% compared to the same quarter last year. On average, sell-side analysts forecast that Greenbrier Companies will post 3.97 EPS for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Tuesday, April 23rd will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Monday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is currently 35.29%.

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.