Greenbrier Companies, Inc. (The) (GBX) – What Are Investment Firms Saying About This Stock?

Shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) have been given an average recommendation of “Strong Sell” by the five ratings firms that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $42.67.

Several research analysts recently issued reports on GBX shares. Wall Street Zen downgraded shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Saturday, October 24th. Bank of America reduced their target price on shares of Greenbrier Companies from $42.00 to $38.00 and set an “underperform” rating on the stock in a research report on Tuesday, October 27th. Weiss Ratings cut shares of Greenbrier Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, October 27th. Finally, Zacks Research downgraded shares of Greenbrier Companies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 27th.

Greenbrier Companies Trading Up 7.9%

GBX stock opened at $42.11 on Tuesday. The business has a fifty day moving average price of $41.28 and a 200 day moving average price of $48.14. Greenbrier Companies has a fifty-two week low of $36.35 and a fifty-two week high of $59.19. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 16.98, a P/E/G ratio of 0.39 and a beta of 1.45. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.43 and a quick ratio of 0.34.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Monday, October 26th. The transportation company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.80 by ($0.41). Greenbrier Companies had a return on equity of 4.85% and a net margin of 3.21%. The business had revenue of $591.00 million for the quarter, compared to the consensus estimate of $605.10 million. During the same quarter in the previous year, the company posted $1.26 EPS. Greenbrier Companies’s revenue for the quarter was down 22.2% on a year-over-year basis. Analysts expect that Greenbrier Companies will post 3.30 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Wednesday, November 11th will be issued a dividend of $0.34 per share. The ex-dividend date is Tuesday, November 10th. This represents a $1.36 dividend on an annualized basis and a yield of 3.2%. Greenbrier Companies’s dividend payout ratio (DPR) is 54.84%.

Hedge Funds Weigh In On Greenbrier Companies

Several institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its stake in 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 period. Atlas FRM LLC acquired a new stake in shares of Greenbrier Companies during the second quarter worth $38,599,688. Donald Smith & CO. Inc. bought a new stake in Greenbrier Companies in the 2nd quarter valued at $31,987,000. Deprince Race & Zollo Inc. bought a new stake in Greenbrier Companies in the 1st quarter valued at $20,312,000. Finally, Bank of New York Mellon Corp acquired a new position in Greenbrier Companies in the 2nd quarter worth $18,324,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

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.