The Greenbrier Companies (NYSE:GBX) Releases Earnings Results, Misses Estimates By $0.22 EPS


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The Greenbrier Companies (NYSE:GBX) posted its quarterly earnings results on Tuesday. The transportation company reported ($0.30) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.22), Briefing.com reports. The Greenbrier Companies had a return on equity of 4.46% and a net margin of 1.75%. The company had revenue of $403.00 million during the quarter, compared to analyst estimates of $438.25 million. During the same period last year, the company posted $0.30 earnings per share. The company’s revenue was down 47.6% compared to the same quarter last year.

GBX stock opened at $35.86 on Friday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.98 and a quick ratio of 1.33. The Greenbrier Companies has a 52-week low of $12.89 and a 52-week high of $37.99. The company has a 50-day moving average of $35.41 and a two-hundred day moving average of $29.77. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 24.39, a price-to-earnings-growth ratio of 6.09 and a beta of 1.63.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 16th. Shareholders of record on Tuesday, January 26th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date of this dividend is Monday, January 25th. The Greenbrier Companies’s dividend payout ratio (DPR) is 51.43%.

In other The Greenbrier Companies news, EVP Mark J. Rittenbaum sold 2,000 shares of the company’s stock in a transaction dated Monday, December 28th. The shares were sold at an average price of $37.97, for a total transaction of $75,940.00. Following the completion of the sale, the executive vice president now directly owns 85,104 shares in the company, valued at $3,231,398.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 of the company’s stock, valued at approximately $2,652,532.96. The disclosure for this sale can be found here. Insiders have sold 16,159 shares of company stock valued at $512,747 over the last 90 days. Corporate insiders own 2.74% of the company’s stock.

A number of equities analysts have recently weighed in on GBX shares. BidaskClub downgraded shares of The Greenbrier Companies from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. ValuEngine raised shares of The Greenbrier Companies from a “sell” rating to a “hold” rating in a research note on Thursday, October 1st. TheStreet downgraded shares of The Greenbrier Companies from a “b-” rating to a “c” rating in a research note on Friday, October 23rd. Zacks Investment Research raised shares of The Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Finally, Cowen increased their target price on shares of The Greenbrier Companies from $33.00 to $41.00 and gave the stock an “outperform” rating in a research report on Friday, December 11th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The Greenbrier Companies currently has a consensus rating of “Buy” and a consensus target price of $32.00.

The 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; 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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Earnings History for The Greenbrier Companies (NYSE:GBX)

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