Greenbrier Companies (NYSE:GBX) Cut to “Sell” at Wall Street Zen

Wall Street Zen cut shares of Greenbrier Companies (NYSE:GBX) from a hold rating to a sell rating in a report released on Saturday,Wall Street Zen reports.

Other equities research analysts have also issued research reports about the company. Weiss Ratings lowered Greenbrier Companies from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, September 1st. Susquehanna downgraded Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price target for the company. in a research report on Thursday, July 2nd. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Greenbrier Companies presently has an average rating of “Reduce” and a consensus target price of $45.00.

Greenbrier Companies Trading Up 0.5%

Shares of NYSE GBX opened at $38.27 on Friday. The firm has a market cap of $1.18 billion, a PE ratio of 10.98 and a beta of 1.45. Greenbrier Companies has a 1-year low of $37.02 and a 1-year high of $59.19. The company has a fifty day moving average price of $42.09 and a 200 day moving average price of $48.47.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Monday, October 26th. The transportation company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.41). The firm had revenue of $591.00 million for the quarter, compared to the consensus estimate of $605.10 million. Greenbrier Companies had a return on equity of 6.49% and a net margin of 4.07%. Greenbrier Companies’s revenue for the quarter was down 22.2% on a year-over-year basis. During the same quarter last year, the company posted $1.26 EPS. Equities research analysts forecast that Greenbrier Companies will post 3.10 EPS for the current year.

Hedge Funds Weigh In On Greenbrier Companies

A number of large investors have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its position in shares of Greenbrier Companies by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,979,546 shares of the transportation company’s stock valued at $104,222,000 after acquiring an additional 13,153 shares during the last quarter. Atlas FRM LLC bought a new stake in Greenbrier Companies during the second quarter worth about $38,599,688. Donald Smith & CO. Inc. acquired a new position in Greenbrier Companies during the second quarter valued at approximately $31,987,000. Deprince Race & Zollo Inc. acquired a new position in Greenbrier Companies during the first quarter valued at approximately $20,312,000. Finally, Bank of New York Mellon Corp acquired a new position in Greenbrier Companies during the second quarter valued at approximately $18,324,000. 95.59% of the stock is currently owned by institutional investors and hedge funds.

About Greenbrier Companies

Greenbrier Companies, Inc is a transportation equipment company that designs, manufactures and supplies freight railcars and related services. Its products include covered hopper cars, tank cars, gondolas, boxcars, intermodal equipment and railcars used to transport automobiles and other specialized cargo.

The company also provides railcar leasing and management services, maintenance, refurbishment, wheel services and parts. Through its manufacturing and service operations, Greenbrier supports railroads, leasing companies, shippers and other participants in the North American freight transportation industry.

Founded in 1974 and headquartered in Lake Oswego, Oregon, Greenbrier has expanded its operations beyond the United States, with manufacturing and service activities serving customers in North America and international markets.