Analysts Set The Greenbrier Companies, Inc. (NYSE:GBX) PT at $54.00

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

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

Get Our Latest Stock Report on GBX

Greenbrier Companies Stock Performance

GBX opened at $54.62 on Tuesday. The stock’s 50 day moving average price is $52.09 and its two-hundred day moving average price is $47.37. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98. Greenbrier Companies has a 12-month low of $26.94 and a 12-month high of $58.00. The firm has a market capitalization of $1.70 billion, a P/E ratio of 16.06, a price-to-earnings-growth ratio of 0.73 and a beta of 1.65.

Greenbrier Companies (NYSE:GBXGet Free Report) last announced its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.28. The company had revenue of $862.70 million during the quarter, compared to the consensus estimate of $841.58 million. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The company’s quarterly revenue was down 23.1% on a year-over-year basis. During the same quarter last year, the company earned $0.99 EPS. On average, equities analysts forecast that Greenbrier Companies will post 4.23 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd were paid a $0.30 dividend. The ex-dividend date of this dividend was Monday, April 22nd. This represents a $1.20 dividend on an annualized basis and a yield of 2.20%. Greenbrier Companies’s dividend payout ratio is presently 35.29%.

Insider Buying and Selling at Greenbrier Companies

In other news, COO William J. Krueger sold 8,800 shares of the stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total transaction of $465,256.00. Following the completion of the sale, the chief operating officer now directly owns 36,529 shares in the company, valued at $1,931,288.23. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, SVP Martin Raymond Baker sold 4,480 shares of the firm’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $52.40, for a total transaction of $234,752.00. Following the completion of the sale, the senior vice president now owns 49,000 shares of the company’s stock, valued at $2,567,600. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO William J. Krueger sold 8,800 shares of the firm’s stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total transaction of $465,256.00. Following the sale, the chief operating officer now directly owns 36,529 shares of the company’s stock, valued at approximately $1,931,288.23. The disclosure for this sale can be found here. Insiders sold a total of 40,176 shares of company stock worth $2,104,013 over the last three months. Company insiders own 2.54% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC purchased a new position in shares of Greenbrier Companies during the 3rd quarter valued at $345,000. Allspring Global Investments Holdings LLC purchased a new stake in Greenbrier Companies in the 3rd quarter valued at about $45,000. LSV Asset Management purchased a new stake in Greenbrier Companies in the 3rd quarter valued at about $2,960,000. Victory Capital Management Inc. lifted its position in shares of Greenbrier Companies by 42.1% in the 3rd quarter. Victory Capital Management Inc. now owns 110,127 shares of the transportation company’s stock worth $4,405,000 after purchasing an additional 32,625 shares during the period. Finally, Versor Investments LP lifted its position in shares of Greenbrier Companies by 45.8% in the 3rd quarter. Versor Investments LP now owns 13,649 shares of the transportation company’s stock worth $546,000 after purchasing an additional 4,290 shares during the period. Hedge funds and other institutional investors own 95.59% of the company’s stock.

About Greenbrier Companies

(Get Free Report

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.

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Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

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