The Greenbrier Companies, Inc. (NYSE:GBX) Receives $54.00 Consensus PT from Brokerages

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have been assigned an average rating of “Hold” from the five analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $54.00.

A number of research firms have recently weighed in on GBX. 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. TD Cowen upped their price objective on shares of Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. Finally, Susquehanna raised their target price on shares of Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a report on Tuesday, April 9th.

Greenbrier Companies Stock Performance

Shares of GBX stock opened at $50.20 on Friday. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 0.70 and a beta of 1.60. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. Greenbrier Companies has a 52 week low of $31.46 and a 52 week high of $58.00. The company has a 50-day simple moving average of $51.82 and a 200 day simple moving average of $49.15.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.28. The firm had revenue of $862.70 million for the quarter, compared to analyst estimates of $841.58 million. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The company’s revenue for the quarter was down 23.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.99 EPS. On average, sell-side analysts predict that Greenbrier Companies will post 4.23 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend was Monday, April 22nd. Greenbrier Companies’s payout ratio is 35.29%.

Insider Activity

In other Greenbrier Companies news, 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 value of $465,256.00. Following the sale, the chief operating officer now owns 36,529 shares in the company, valued at $1,931,288.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, COO William J. Krueger sold 8,800 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $52.87, for a total value of $465,256.00. Following the completion of the transaction, the chief operating officer now owns 36,529 shares of the company’s stock, valued at $1,931,288.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Brian J. Comstock sold 10,000 shares of Greenbrier Companies stock in a transaction on Monday, April 29th. The stock was sold at an average price of $52.48, for a total transaction of $524,800.00. Following the transaction, the executive vice president now owns 70,111 shares in the company, valued at approximately $3,679,425.28. The disclosure for this sale can be found here. In the last three months, insiders have sold 40,176 shares of company stock worth $2,104,013. Corporate insiders own 2.54% of the company’s stock.

Hedge Funds Weigh In On Greenbrier Companies

A number of hedge funds have recently made changes to their positions in GBX. Hexagon Capital Partners LLC acquired a new stake in Greenbrier Companies during the 1st quarter valued at approximately $26,000. Gladius Capital Management LP acquired a new position in shares of Greenbrier Companies in the 3rd quarter worth approximately $31,000. Wetzel Investment Advisors Inc. bought a new stake in shares of Greenbrier Companies in the 4th quarter valued at $57,000. Tradewinds Capital Management LLC acquired a new stake in shares of Greenbrier Companies during the first quarter worth $78,000. Finally, Russell Investments Group Ltd. raised its stake in Greenbrier Companies by 404.0% during the fourth quarter. Russell Investments Group Ltd. now owns 2,253 shares of the transportation company’s stock worth $100,000 after buying an additional 1,806 shares during the last quarter. 95.59% of the stock is currently owned by institutional investors.

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.