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

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

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

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 paid a dividend of $0.27 per share. The ex-dividend date is Monday, January 25th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.01%. The Greenbrier Companies’s dividend payout ratio is currently 51.43%.

In related news, EVP Mark J. Rittenbaum sold 4,000 shares of The Greenbrier Companies stock in a transaction on Tuesday, November 24th. The shares were sold at an average price of $35.47, for a total transaction of $141,880.00. Following the transaction, the executive vice president now owns 91,104 shares in the company, valued at approximately $3,231,458.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mark J. Rittenbaum sold 1,929 shares of The Greenbrier Companies stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $28.49, for a total transaction of $54,957.21. Following the transaction, the executive vice president now owns 93,104 shares in the company, valued at approximately $2,652,532.96. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,159 shares of company stock valued at $512,747. Corporate insiders own 2.74% of the company’s stock.

GBX has been the subject of several research analyst reports. TheStreet downgraded The Greenbrier Companies from a “b-” rating to a “c” rating in a report on Friday, October 23rd. Cowen lifted their price objective on The Greenbrier Companies from $33.00 to $41.00 and gave the stock an “outperform” rating in a report on Friday, December 11th. BidaskClub downgraded The Greenbrier Companies from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research upgraded The Greenbrier Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday. Finally, ValuEngine upgraded The Greenbrier Companies from a “sell” rating to a “hold” rating in a report on Thursday, October 1st. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target 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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