Greenbrier Companies (NYSE:GBX) Stock Rating Upgraded by Wall Street Zen

Greenbrier Companies (NYSE:GBX) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Several other research firms also recently weighed in on GBX. Zacks Research upgraded Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research note on Monday, June 8th. Weiss Ratings cut shares of Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Finally, Susquehanna downgraded shares of Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 target price on the stock. in a report on Thursday, July 2nd. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Greenbrier Companies presently has a consensus rating of “Reduce” and a consensus price target of $45.00.

Greenbrier Companies Stock Up 0.2%

Shares of Greenbrier Companies stock opened at $49.32 on Friday. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 14.64 and a beta of 1.43. The stock’s 50-day simple moving average is $48.72 and its 200-day simple moving average is $50.81. Greenbrier Companies has a 52 week low of $38.23 and a 52 week high of $59.19.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Wednesday, July 1st. The transportation company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.03. The firm had revenue of $576.50 million during the quarter, compared to analysts’ expectations of $612.69 million. Greenbrier Companies had a return on equity of 6.49% and a net margin of 4.07%.The firm’s revenue was down 31.6% on a year-over-year basis. During the same quarter last year, the business posted $1.86 earnings per share. On average, equities analysts expect that Greenbrier Companies will post 3.1 earnings per share for the current year.

Hedge Funds Weigh In On Greenbrier Companies

Several institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its holdings in shares of Greenbrier Companies by 19.9% in the first quarter. AQR Capital Management LLC now owns 13,053 shares of the transportation company’s stock valued at $669,000 after purchasing an additional 2,170 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Greenbrier Companies by 3.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 84,399 shares of the transportation company’s stock valued at $4,323,000 after purchasing an additional 3,121 shares during the last quarter. Intech Investment Management LLC lifted its position in Greenbrier Companies by 22.4% during the first quarter. Intech Investment Management LLC now owns 33,244 shares of the transportation company’s stock valued at $1,703,000 after purchasing an additional 6,073 shares during the last quarter. Hsbc Holdings PLC lifted its position in Greenbrier Companies by 85.3% during the second quarter. Hsbc Holdings PLC now owns 12,002 shares of the transportation company’s stock valued at $557,000 after purchasing an additional 5,525 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Greenbrier Companies by 9.0% in the 2nd quarter. Invesco Ltd. now owns 477,218 shares of the transportation company’s stock worth $21,976,000 after buying an additional 39,350 shares in the last quarter. Hedge funds and other institutional investors own 95.59% of the company’s stock.

About Greenbrier Companies

The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.

Greenbrier’s operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.