The Greenbrier Companies, Inc. (NYSE:GBX) Given Average Rating of “Hold” by Analysts

The Greenbrier Companies, Inc. (NYSE:GBX) has received an average rating of “Hold” from the five research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $54.00.

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

Insider Buying and Selling at Greenbrier Companies

In other news, SVP Christian Lucky sold 1,454 shares of the firm’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $52.94, for a total value of $76,974.76. Following the transaction, the senior vice president now directly owns 7,841 shares in the company, valued at approximately $415,102.54. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO Lorie Tekorius sold 9,642 shares of the company’s stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $52.00, for a total transaction of $501,384.00. Following the completion of the transaction, the chief executive officer now directly owns 226,611 shares in the company, valued at approximately $11,783,772. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Christian Lucky sold 1,454 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $52.94, for a total value of $76,974.76. Following the completion of the sale, the senior vice president now owns 7,841 shares in the company, valued at $415,102.54. 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 90 days. Insiders own 2.54% of the company’s stock.

Institutional Trading of Greenbrier Companies

Several hedge funds have recently bought and sold shares of GBX. Norges Bank acquired a new stake in shares of Greenbrier Companies in the fourth quarter valued at approximately $10,242,000. American Century Companies Inc. raised its stake in shares of Greenbrier Companies by 306.6% during the third quarter. American Century Companies Inc. now owns 255,503 shares of the transportation company’s stock valued at $10,220,000 after purchasing an additional 192,657 shares in the last quarter. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Greenbrier Companies in the 3rd quarter worth approximately $4,710,000. LSV Asset Management raised its holdings in Greenbrier Companies by 112.4% during the first quarter. LSV Asset Management now owns 218,133 shares of the transportation company’s stock worth $11,365,000 after purchasing an additional 115,421 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Greenbrier Companies by 74.9% in the fourth quarter. Victory Capital Management Inc. now owns 192,667 shares of the transportation company’s stock valued at $8,512,000 after buying an additional 82,540 shares during the period. 95.59% of the stock is currently owned by institutional investors.

Greenbrier Companies Stock Performance

Greenbrier Companies stock opened at $51.65 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85. The firm’s fifty day moving average price is $51.31 and its 200 day moving average price is $45.57. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 15.19, a price-to-earnings-growth ratio of 1.81 and a beta of 1.65. Greenbrier Companies has a 12-month low of $26.04 and a 12-month high of $58.00.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.75 by $0.28. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The business had revenue of $862.70 million for the quarter, compared to analysts’ expectations of $841.58 million. During the same quarter in the previous year, the firm posted $0.99 earnings per share. The company’s revenue was down 23.1% compared to the same quarter last year. On average, research analysts forecast that Greenbrier Companies will post 4.13 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.32%. The ex-dividend date of this dividend is Monday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is presently 35.29%.

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.