The Greenbrier Companies (NYSE:GBX) posted its quarterly earnings data on Tuesday. The transportation company reported ($0.30) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.22), Briefing.com reports. The firm had revenue of $403.00 million for the quarter, compared to the consensus estimate of $438.25 million. The Greenbrier Companies had a return on equity of 4.46% and a net margin of 1.75%. The Greenbrier Companies’s quarterly revenue was down 47.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.30 earnings per share.
Shares of NYSE:GBX traded down $0.56 during midday trading on Thursday, reaching $35.90. 9,533 shares of the company’s stock were exchanged, compared to its average volume of 673,286. The company’s 50 day simple moving average is $35.35 and its two-hundred day simple moving average is $29.70. The firm has a market capitalization of $1.18 billion, a PE ratio of 24.41, a price-to-earnings-growth ratio of 6.09 and a beta of 1.63. The Greenbrier Companies has a 12 month low of $12.89 and a 12 month high of $37.99. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.33 and a current ratio of 1.98.
In related news, EVP Mark J. Rittenbaum sold 1,929 shares of the stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $28.49, for a total transaction of $54,957.21. Following the completion of the sale, the executive vice president now owns 93,104 shares in the company, valued at approximately $2,652,532.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark J. Rittenbaum sold 2,000 shares of the stock in a transaction dated Monday, December 28th. The stock was sold at an average price of $37.97, for a total transaction of $75,940.00. Following the sale, the executive vice president now owns 85,104 shares of the company’s stock, valued at approximately $3,231,398.88. The disclosure for this sale can be found here. Insiders have sold a total of 16,159 shares of company stock valued at $512,747 over the last ninety days. 2.74% of the stock is owned by insiders.
Several analysts recently issued reports on the stock. Cowen upped their price objective on shares of The Greenbrier Companies from $33.00 to $41.00 and gave the stock an “outperform” rating in a report on Friday, December 11th. ValuEngine raised shares of The Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Thursday, October 1st. Zacks Investment Research raised shares of The Greenbrier Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday. BidaskClub downgraded shares of The Greenbrier Companies from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Finally, TheStreet downgraded shares of The Greenbrier Companies from a “b-” rating to a “c” rating in a report on Friday, October 23rd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $32.00.
About The 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; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels.
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