The Greenbrier Companies, Inc. (NYSE:GBX) Receives $54.00 Consensus Price Target from Analysts

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

A number of analysts have recently issued reports on GBX shares. Susquehanna lifted their price target on Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a research report on Tuesday, April 9th. Stephens raised their price objective on shares of Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Finally, TD Cowen raised their price target on Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Monday, April 8th.

Insiders Place Their Bets

In other Greenbrier Companies news, CEO Lorie Tekorius sold 9,642 shares of the firm’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $52.00, for a total value of $501,384.00. Following the completion of the sale, the chief executive officer now directly owns 226,611 shares in the company, valued at $11,783,772. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 stock was sold at an average price of $46.65, for a total value of $195,230.25. Following the sale, the director now directly owns 7,365 shares of the company’s stock, valued at approximately $343,577.25. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Lorie Tekorius sold 9,642 shares of the business’s stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $52.00, for a total value of $501,384.00. Following the completion of the sale, the chief executive officer now directly owns 226,611 shares in the company, valued at $11,783,772. The disclosure for this sale can be found here. In the last ninety days, insiders sold 44,361 shares of company stock worth $2,299,243. 2.54% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Hexagon Capital Partners LLC purchased a new stake in Greenbrier Companies during the 1st quarter valued at $26,000. Gladius Capital Management LP bought a new stake in shares of Greenbrier Companies in the third quarter worth $31,000. BluePath Capital Management LLC purchased a new stake in Greenbrier Companies during the third quarter valued at $32,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Greenbrier Companies during the 3rd quarter valued at about $45,000. Finally, Wetzel Investment Advisors Inc. purchased a new stake in shares of Greenbrier Companies during the 4th quarter valued at about $57,000. Institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Trading Up 2.1 %

Shares of GBX stock opened at $52.23 on Friday. Greenbrier Companies has a 1 year low of $25.41 and a 1 year high of $58.00. The company’s fifty day simple moving average is $51.24 and its two-hundred day simple moving average is $45.42. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 15.36, a PEG ratio of 1.81 and a beta of 1.65.

Greenbrier Companies (NYSE:GBX) last announced 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 return on equity of 9.05% and a net margin of 2.97%. The firm had revenue of $862.70 million for the quarter, compared to analysts’ expectations of $841.58 million. During the same period in the prior year, the business posted $0.99 earnings per share. The company’s revenue was down 23.1% on a year-over-year basis. As a group, analysts anticipate that Greenbrier Companies will post 4.13 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.30%. 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.