Greenbrier Companies Inc. (NYSE:GBX) – Analysts at KeyCorp decreased their FY2017 earnings per share (EPS) estimates for shares of Greenbrier Companies in a research report issued on Tuesday. KeyCorp analyst S. Barger now forecasts that the firm will earn $3.97 per share for the year, down from their prior estimate of $4.17.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Wednesday, July 6th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.03. The firm earned $612.90 million during the quarter. Greenbrier Companies had a return on equity of 23.41% and a net margin of 7.60%. Greenbrier Companies’s revenue for the quarter was down 14.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.49 EPS.

Several other analysts have also weighed in on GBX. Zacks Investment Research lowered Greenbrier Companies from a “buy” rating to a “hold” rating in a report on Wednesday, June 8th. Longbow Research lowered Greenbrier Companies from a “buy” rating to a “neutral” rating in a research note on Monday, June 20th. Cowen and Company reduced their target price on Greenbrier Companies from $37.00 to $35.00 and set an “outperform” rating on the stock in a research note on Thursday, July 7th. Standpoint Research reiterated a “buy” rating on shares of Greenbrier Companies in a research note on Wednesday, July 27th. Finally, Wells Fargo & Co. reiterated a “hold” rating and issued a $31.00 target price on shares of Greenbrier Companies in a research note on Monday, September 19th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $35.13.

Greenbrier Companies (NYSE:GBX) traded up 0.36% during trading on Thursday, hitting $36.62. The stock had a trading volume of 139,602 shares. The stock has a market capitalization of $1.03 billion, a PE ratio of 5.47 and a beta of 2.46. Greenbrier Companies has a 52-week low of $19.89 and a 52-week high of $42.04. The stock’s 50-day moving average is $34.24 and its 200-day moving average is $30.67.

A number of large investors have recently modified their holdings of GBX. Teacher Retirement System of Texas increased its stake in shares of Greenbrier Companies by 20.4% in the second quarter. Teacher Retirement System of Texas now owns 3,994 shares of the company’s stock worth $116,000 after buying an additional 678 shares during the last quarter. Nationwide Fund Advisors increased its stake in shares of Greenbrier Companies by 3.1% in the second quarter. Nationwide Fund Advisors now owns 23,033 shares of the company’s stock worth $671,000 after buying an additional 693 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Greenbrier Companies by 1.7% in the second quarter. California State Teachers Retirement System now owns 56,883 shares of the company’s stock worth $1,657,000 after buying an additional 950 shares during the last quarter. Advisors Asset Management Inc. increased its stake in shares of Greenbrier Companies by 7.2% in the second quarter. Advisors Asset Management Inc. now owns 15,341 shares of the company’s stock worth $447,000 after buying an additional 1,026 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of Greenbrier Companies by 17.6% in the second quarter. Victory Capital Management Inc. now owns 7,984 shares of the company’s stock worth $233,000 after buying an additional 1,194 shares during the last quarter. 94.55% of the stock is currently owned by institutional investors.

In related news, VP Anne Manning sold 5,000 shares of the firm’s stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $31.25, for a total transaction of $156,250.00. Following the sale, the vice president now owns 13,920 shares of the company’s stock, valued at $435,000. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP James T. Sharp sold 3,000 shares of the firm’s stock in a transaction dated Monday, July 11th. The shares were sold at an average price of $30.00, for a total value of $90,000.00. Following the sale, the executive vice president now directly owns 3,487 shares in the company, valued at approximately $104,610. The disclosure for this sale can be found here. Corporate insiders own 4.60% of the company’s stock.

Greenbrier Companies Company Profile

The Greenbrier Companies, Inc (Greenbrier), formerly Greenbrier Co Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe, a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services, railcar refurbishment and parts, leasing and other services.

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