Greenbrier Companies Inc (NYSE:GBX) Director Duane Charles Mcdougall sold 10,116 shares of Greenbrier Companies stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $26.51, for a total value of $268,175.16. Following the transaction, the director now owns 4,784 shares in the company, valued at $126,823.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
NYSE:GBX opened at $25.73 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.11 and a current ratio of 1.86. The stock’s 50-day simple moving average is $23.97 and its 200 day simple moving average is $21.77. The company has a market cap of $841.37 million, a P/E ratio of 10.17, a P/E/G ratio of 2.32 and a beta of 1.70. Greenbrier Companies Inc has a 52-week low of $12.89 and a 52-week high of $34.30.
Greenbrier Companies (NYSE:GBX) last released its earnings results on Friday, July 10th. The transportation company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.91. The business had revenue of $762.60 million for the quarter, compared to the consensus estimate of $606.46 million. Greenbrier Companies had a return on equity of 7.06% and a net margin of 2.74%. Greenbrier Companies’s quarterly revenue was down 10.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.89 earnings per share. As a group, equities analysts predict that Greenbrier Companies Inc will post 1.66 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Wednesday, July 29th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date of this dividend is Tuesday, July 28th. Greenbrier Companies’s dividend payout ratio is currently 37.63%.
Several research analysts have weighed in on GBX shares. Susquehanna Bancshares upgraded Greenbrier Companies from a “negative” rating to a “neutral” rating and lifted their target price for the stock from $13.00 to $24.00 in a report on Monday, July 13th. ValuEngine upgraded Greenbrier Companies from a “strong sell” rating to a “sell” rating in a report on Thursday. Wells Fargo & Co boosted their price target on Greenbrier Companies from $17.00 to $22.00 and gave the company an “underweight” rating in a report on Monday, July 13th. Cowen boosted their price target on Greenbrier Companies from $25.00 to $30.00 and gave the company an “outperform” rating in a report on Tuesday, June 9th. Finally, Zacks Investment Research lowered Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Greenbrier Companies presently has an average rating of “Hold” and an average price target of $26.00.
Several large investors have recently added to or reduced their stakes in the stock. Comerica Bank increased its position in shares of Greenbrier Companies by 8.7% in the second quarter. Comerica Bank now owns 34,408 shares of the transportation company’s stock valued at $904,000 after acquiring an additional 2,744 shares during the last quarter. Duality Advisers LP acquired a new position in Greenbrier Companies during the second quarter worth approximately $522,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Greenbrier Companies by 226.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,722 shares of the transportation company’s stock worth $130,000 after buying an additional 3,968 shares during the last quarter. ICM Asset Management Inc. WA increased its position in Greenbrier Companies by 12.3% during the second quarter. ICM Asset Management Inc. WA now owns 45,800 shares of the transportation company’s stock worth $1,042,000 after buying an additional 5,000 shares during the last quarter. Finally, Smith Graham & Co. Investment Advisors LP increased its position in Greenbrier Companies by 20.3% during the second quarter. Smith Graham & Co. Investment Advisors LP now owns 274,680 shares of the transportation company’s stock worth $6,249,000 after buying an additional 46,388 shares during the last quarter. 88.82% of the stock is currently owned by institutional investors and hedge funds.
About Greenbrier Companies
The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.
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