The Greenbrier Companies, Inc. (NYSE:GBX) SVP Martin Raymond Baker Sells 4,480 Shares

The Greenbrier Companies, Inc. (NYSE:GBX) SVP Martin Raymond Baker sold 4,480 shares of Greenbrier Companies stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $52.40, for a total value of $234,752.00. Following the transaction, the senior vice president now directly owns 49,000 shares in the company, valued at approximately $2,567,600. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Greenbrier Companies Trading Up 1.1 %

Shares of NYSE GBX opened at $51.84 on Friday. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 15.25, a PEG ratio of 1.75 and a beta of 1.66. The business has a 50 day simple moving average of $50.61 and a 200 day simple moving average of $44.56. The Greenbrier Companies, Inc. has a 52 week low of $25.41 and a 52 week high of $58.00. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.75 by $0.28. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The business had revenue of $862.70 million during the quarter, compared to analysts’ expectations of $841.58 million. During the same quarter in the previous year, the business posted $0.99 EPS. The firm’s quarterly revenue was down 23.1% compared to the same quarter last year. On average, research analysts predict that The Greenbrier Companies, Inc. will post 4.13 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd will be issued a $0.30 dividend. The ex-dividend date is Monday, April 22nd. This represents a $1.20 annualized dividend and a yield of 2.31%. Greenbrier Companies’s dividend payout ratio (DPR) is currently 35.29%.

Institutional Investors Weigh In On Greenbrier Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hexagon Capital Partners LLC acquired a new stake in Greenbrier Companies in the 1st quarter worth approximately $26,000. Gladius Capital Management LP acquired a new stake in Greenbrier Companies in the 3rd quarter worth approximately $31,000. BluePath Capital Management LLC acquired a new stake in Greenbrier Companies in the 3rd quarter worth approximately $32,000. Point72 Asset Management L.P. acquired a new position in shares of Greenbrier Companies during the second quarter worth approximately $32,000. Finally, Samalin Investment Counsel LLC acquired a new position in shares of Greenbrier Companies during the first quarter worth approximately $39,000. 95.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Stephens lifted their target price on Greenbrier Companies from $62.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, April 8th. TD Cowen lifted their target price on Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, April 8th. TheStreet raised Greenbrier Companies from a “c+” rating to a “b” rating in a research note on Friday, January 5th. Finally, Susquehanna lifted their target price on Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a research note on Tuesday, April 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Greenbrier Companies currently has a consensus rating of “Hold” and a consensus target price of $54.00.

About 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; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.