Zacks Investment Research upgraded shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) from a hold rating to a buy rating in a report published on Tuesday. They currently have $48.00 target price on the transportation company’s stock.

According to Zacks, “Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. In addition to manufacturing, they are engaged in complementary leasing and services activities. “

Other analysts have also issued reports about the company. Stifel Nicolaus upgraded Greenbrier Companies, Inc. (The) from a hold rating to a buy rating and increased their price objective for the stock from $48.00 to $51.00 in a report on Monday, July 17th. Bank of America Corporation upgraded Greenbrier Companies, Inc. (The) from a neutral rating to a buy rating and increased their price objective for the stock from $49.00 to $59.00 in a report on Tuesday, July 4th. Cowen and Company reiterated a buy rating and set a $57.00 price objective on shares of Greenbrier Companies, Inc. (The) in a report on Monday. BidaskClub upgraded Greenbrier Companies, Inc. (The) from a sell rating to a hold rating in a report on Monday, August 14th. Finally, Buckingham Research started coverage on Greenbrier Companies, Inc. (The) in a report on Wednesday, June 21st. They set a neutral rating and a $45.00 price objective for the company. Five equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of Hold and an average target price of $44.88.

Shares of Greenbrier Companies, Inc. (NYSE GBX) opened at 42.90 on Tuesday. Greenbrier Companies, Inc. has a 52-week low of $28.95 and a 52-week high of $51.25. The firm’s 50-day moving average price is $44.47 and its 200-day moving average price is $44.57. The stock has a market cap of $1.22 billion, a P/E ratio of 10.82 and a beta of 1.86.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last announced its quarterly earnings data on Thursday, June 29th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.82 by $0.21. Greenbrier Companies, Inc. (The) had a return on equity of 11.74% and a net margin of 5.85%. The business had revenue of $439.20 million during the quarter, compared to analyst estimates of $516.17 million. During the same period last year, the company earned $1.12 earnings per share. Greenbrier Companies, Inc. (The)’s quarterly revenue was down 28.3% compared to the same quarter last year. On average, equities research analysts forecast that Greenbrier Companies, Inc. will post $3.54 earnings per share for the current fiscal year.

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The business also recently announced a quarterly dividend, which was paid on Tuesday, August 8th. Shareholders of record on Tuesday, July 18th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, July 14th. This represents a $0.88 annualized dividend and a yield of 2.05%. Greenbrier Companies, Inc. (The)’s dividend payout ratio (DPR) is currently 22.17%.

In other Greenbrier Companies, Inc. (The) news, EVP Alejandro Centurion sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $43.30, for a total transaction of $129,900.00. Following the transaction, the executive vice president now directly owns 17,583 shares in the company, valued at $761,343.90. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Anne Manning sold 6,000 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $46.55, for a total value of $279,300.00. Following the transaction, the vice president now owns 11,939 shares in the company, valued at $555,760.45. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,000 shares of company stock worth $538,350. Corporate insiders own 4.60% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Ameritas Investment Partners Inc. bought a new position in Greenbrier Companies, Inc. (The) during the first quarter valued at $101,000. Riverhead Capital Management LLC raised its position in Greenbrier Companies, Inc. (The) by 69.1% in the second quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock valued at $102,000 after buying an additional 898 shares during the period. Tower Research Capital LLC TRC raised its position in Greenbrier Companies, Inc. (The) by 872.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock valued at $130,000 after buying an additional 2,529 shares during the period. State of Alaska Department of Revenue raised its position in Greenbrier Companies, Inc. (The) by 2.6% in the first quarter. State of Alaska Department of Revenue now owns 3,130 shares of the transportation company’s stock valued at $134,000 after buying an additional 80 shares during the period. Finally, Stifel Financial Corp bought a new position in Greenbrier Companies, Inc. (The) during the first quarter valued at $202,000.

Greenbrier Companies, Inc. (The) Company Profile

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

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Analyst Recommendations for Greenbrier Companies, Inc. (The) (NYSE:GBX)

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