Stifel Nicolaus upgraded shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) from a hold rating to a buy rating in a research report sent to investors on Monday, July 17th, MarketBeat.com reports. They currently have $51.00 price target on the transportation company’s stock, up from their prior price target of $48.00.
Other equities research analysts also recently issued research reports about the company. Zacks Investment Research raised Greenbrier Companies, Inc. (The) from a hold rating to a buy rating and set a $52.00 price target for the company in a report on Tuesday, June 6th. Cowen and Company raised their price target on Greenbrier Companies, Inc. (The) from $50.00 to $57.00 and gave the stock an outperform rating in a report on Tuesday, July 4th. BidaskClub downgraded Greenbrier Companies, Inc. (The) from a hold rating to a sell rating in a report on Tuesday, July 11th. KeyCorp lifted their target price on Greenbrier Companies, Inc. (The) from $50.00 to $60.00 and gave the stock an overweight rating in a report on Friday, April 7th. Finally, Buckingham Research initiated coverage on Greenbrier Companies, Inc. (The) in a report on Wednesday, June 21st. They set a neutral rating and a $45.00 target price for the company. Five equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $45.28.
Greenbrier Companies, Inc. (NYSE GBX) traded down 0.33% during trading on Monday, reaching $45.90. 246,663 shares of the company were exchanged. Greenbrier Companies, Inc. has a one year low of $28.95 and a one year high of $51.25. The company has a market capitalization of $1.31 billion, a P/E ratio of 11.58 and a beta of 1.86. The firm’s 50-day moving average is $45.27 and its 200 day moving average is $44.69.
Greenbrier Companies, Inc. (The) (NYSE:GBX) last issued its quarterly earnings results on Thursday, June 29th. The transportation company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.21. The business had revenue of $439.20 million during the quarter, compared to the consensus estimate of $516.17 million. Greenbrier Companies, Inc. (The) had a return on equity of 11.74% and a net margin of 5.85%. The company’s quarterly revenue was down 28.3% on a year-over-year basis. During the same quarter last year, the company earned $1.12 earnings per share. On average, analysts anticipate that Greenbrier Companies, Inc. will post $3.54 EPS for the current fiscal year.
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The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 8th. Investors of record on Tuesday, July 18th were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, July 14th. This represents a $0.88 annualized dividend and a dividend yield of 1.92%. Greenbrier Companies, Inc. (The)’s dividend payout ratio is presently 22.17%.
In other news, EVP Alejandro Centurion sold 3,000 shares of the stock in a transaction dated Tuesday, July 11th. The stock was sold at an average price of $43.05, for a total value of $129,150.00. Following the transaction, the executive vice president now owns 17,583 shares in the company, valued at approximately $756,948.15. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark J. Rittenbaum sold 2,100 shares of the stock in a transaction dated Friday, May 26th. The shares were sold at an average price of $44.75, for a total value of $93,975.00. Following the completion of the transaction, the executive vice president now owns 63,827 shares in the company, valued at approximately $2,856,258.25. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,100 shares of company stock worth $353,025. 4.60% of the stock is owned by company insiders.
Institutional investors have recently modified their holdings of the company. Schroder Investment Management Group increased its position in shares of Greenbrier Companies, Inc. (The) by 975.6% in the first quarter. Schroder Investment Management Group now owns 786,285 shares of the transportation company’s stock worth $33,928,000 after buying an additional 713,185 shares during the period. Dalton Greiner Hartman Maher & Co. acquired a new position in shares of Greenbrier Companies, Inc. (The) during the second quarter worth about $16,001,000. Vanguard Group Inc. increased its position in Greenbrier Companies, Inc. (The) by 7.1% in the first quarter. Vanguard Group Inc. now owns 5,200,115 shares of the transportation company’s stock valued at $224,125,000 after buying an additional 343,139 shares during the last quarter. LSV Asset Management increased its position in Greenbrier Companies, Inc. (The) by 261.9% in the second quarter. LSV Asset Management now owns 289,900 shares of the transportation company’s stock valued at $13,407,000 after buying an additional 209,800 shares during the last quarter. Finally, Columbus Circle Investors purchased a new position in Greenbrier Companies, Inc. (The) during the first quarter valued at $8,941,000.
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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