The Greenbrier Companies, Inc. (NYSE:GBX) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of The Greenbrier Companies, Inc. (NYSE:GBX) have been given an average recommendation of “Moderate Buy” by the four research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $60.00.

Several research analysts have recently weighed in on GBX shares. Susquehanna upped their target price on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research note on Monday. Bank of America increased their price objective on Greenbrier Companies from $42.00 to $50.00 and gave the company an “underperform” rating in a research note on Thursday. Finally, StockNews.com downgraded Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 23rd.

Insiders Place Their Bets

In other Greenbrier Companies news, SVP Laurie R. Dornan sold 5,935 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $50.92, for a total value of $302,210.20. Following the transaction, the senior vice president now directly owns 23,226 shares in the company, valued at approximately $1,182,667.92. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.54% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Greenbrier Companies by 1.2% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,616,767 shares of the transportation company’s stock valued at $80,111,000 after purchasing an additional 18,552 shares during the last quarter. Encompass Capital Advisors LLC purchased a new stake in shares of Greenbrier Companies in the second quarter valued at approximately $19,820,000. LSV Asset Management boosted its stake in shares of Greenbrier Companies by 12.9% in the second quarter. LSV Asset Management now owns 246,233 shares of the transportation company’s stock valued at $12,201,000 after buying an additional 28,100 shares in the last quarter. Hennessy Advisors Inc. purchased a new stake in shares of Greenbrier Companies in the second quarter valued at approximately $8,126,000. Finally, Millennium Management LLC boosted its stake in shares of Greenbrier Companies by 77.4% in the second quarter. Millennium Management LLC now owns 144,221 shares of the transportation company’s stock valued at $7,146,000 after buying an additional 62,911 shares in the last quarter. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Stock Up 12.0 %

NYSE GBX traded up $6.18 on Thursday, hitting $57.63. The stock had a trading volume of 168,727 shares, compared to its average volume of 317,454. Greenbrier Companies has a 52-week low of $32.00 and a 52-week high of $58.64. The business’s fifty day moving average price is $49.00 and its 200 day moving average price is $49.81. 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 stock has a market cap of $1.79 billion, a price-to-earnings ratio of 15.09, a price-to-earnings-growth ratio of 0.60 and a beta of 1.53.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.32 by $0.60. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the previous year, the firm posted $0.92 earnings per share. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. Equities research analysts anticipate that Greenbrier Companies will post 4.35 earnings per share for the current year.

Greenbrier Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 2.08%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is 31.41%.

Greenbrier Companies Company Profile

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.