Greenbrier Companies (NYSE:GBX – Get Free Report) announced its quarterly earnings results on Wednesday. The transportation company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.03, FiscalAI reports. The firm had revenue of $576.50 million for the quarter, compared to analyst estimates of $612.69 million. Greenbrier Companies had a net margin of 5.12% and a return on equity of 8.94%.
Greenbrier Companies Price Performance
NYSE GBX traded down $0.92 on Wednesday, reaching $48.09. The stock had a trading volume of 906,101 shares, compared to its average volume of 444,002. The company has a market cap of $1.49 billion, a P/E ratio of 10.39 and a beta of 1.44. The firm has a fifty day moving average of $48.68 and a two-hundred day moving average of $50.55. Greenbrier Companies has a 1-year low of $38.23 and a 1-year high of $59.19.
Institutional Investors Weigh In On Greenbrier Companies
A number of large investors have recently added to or reduced their stakes in GBX. Gen Wealth Partners Inc acquired a new position in Greenbrier Companies during the fourth quarter worth about $38,000. Quarry LP boosted its stake in shares of Greenbrier Companies by 6,900.0% in the 3rd quarter. Quarry LP now owns 1,120 shares of the transportation company’s stock valued at $52,000 after purchasing an additional 1,104 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Greenbrier Companies by 282.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the transportation company’s stock valued at $140,000 after purchasing an additional 2,245 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Greenbrier Companies during the 3rd quarter valued at approximately $180,000. Finally, Vestcor Inc bought a new stake in shares of Greenbrier Companies during the 3rd quarter valued at approximately $183,000. Institutional investors and hedge funds own 95.59% of the company’s stock.
Analysts Set New Price Targets
Get Our Latest Research Report on GBX
Greenbrier Companies Company Profile
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.
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