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

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have received an average rating of “Hold” from the five research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $54.00.

Separately, StockNews.com downgraded shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd.

Insider Buying and Selling at Greenbrier Companies

In other news, SVP Laurie R. Dornan sold 5,935 shares of the company’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $50.92, for a total value of $302,210.20. Following the completion of the sale, the senior vice president now directly owns 23,226 shares of the company’s stock, valued at approximately $1,182,667.92. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.54% of the stock is currently owned by company insiders.

Institutional Trading of Greenbrier Companies

Institutional investors have recently made changes to their positions in the stock. Hexagon Capital Partners LLC bought a new stake in shares of Greenbrier Companies in the 1st quarter worth approximately $26,000. Canada Pension Plan Investment Board bought a new stake in shares of Greenbrier Companies in the 2nd quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new stake in shares of Greenbrier Companies in the 2nd quarter worth approximately $67,000. Tradewinds Capital Management LLC bought a new stake in shares of Greenbrier Companies in the 1st quarter worth approximately $78,000. Finally, Innealta Capital LLC bought a new stake in shares of Greenbrier Companies in the 2nd quarter worth approximately $82,000. 95.59% of the stock is owned by institutional investors and hedge funds.

Greenbrier Companies Price Performance

Shares of NYSE:GBX opened at $47.33 on Friday. 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 fifty-two week low of $32.00 and a fifty-two week high of $58.00. The firm has a 50-day simple moving average of $47.55 and a 200 day simple moving average of $50.00. The company has a market cap of $1.47 billion, a PE ratio of 12.36, a P/E/G ratio of 0.60 and a beta of 1.57.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Monday, July 8th. The transportation company reported $1.06 earnings per share for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.02). Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The business had revenue of $820.20 million for the quarter, compared to the consensus estimate of $928.73 million. During the same period in the prior year, the company earned $1.02 EPS. Greenbrier Companies’s quarterly revenue was down 21.0% on a year-over-year basis. On average, sell-side analysts anticipate that Greenbrier Companies will post 4.35 EPS for the current year.

Greenbrier Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Tuesday, July 23rd were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date was Tuesday, July 23rd. Greenbrier Companies’s payout ratio is 31.41%.

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.