Greenbrier Companies Inc (GBX) Given Consensus Recommendation of “Buy” by Brokerages

Greenbrier Companies Inc (NYSE:GBX) has received a consensus rating of “Buy” from the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $59.00.

Several equities research analysts recently commented on GBX shares. Zacks Investment Research cut Greenbrier Companies from a “buy” rating to a “hold” rating in a research note on Friday, September 15th. Stifel Nicolaus reissued a “buy” rating and issued a $60.00 price target (up previously from $51.00) on shares of Greenbrier Companies in a research note on Thursday, October 5th. Cowen reaffirmed an “outperform” rating and set a $58.00 target price (up previously from $57.00) on shares of Greenbrier Companies in a research report on Thursday, October 5th. Buckingham Research upped their target price on Greenbrier Companies from $45.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, October 5th. Finally, KeyCorp reaffirmed a “buy” rating and set a $60.00 target price on shares of Greenbrier Companies in a research report on Tuesday, October 24th.

In related news, CEO William A. Furman sold 117,652 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $46.91, for a total value of $5,519,055.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Alejandro Centurion sold 5,500 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $52.21, for a total value of $287,155.00. Following the completion of the transaction, the executive vice president now owns 19,593 shares of the company’s stock, valued at $1,022,950.53. The disclosure for this sale can be found here. Insiders have sold 284,830 shares of company stock valued at $13,596,712 in the last ninety days. Company insiders own 2.46% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Verition Fund Management LLC acquired a new position in Greenbrier Companies during the second quarter worth $319,000. Piedmont Investment Advisors LLC acquired a new position in Greenbrier Companies during the second quarter worth $284,000. LSV Asset Management raised its stake in Greenbrier Companies by 261.9% during the second quarter. LSV Asset Management now owns 289,900 shares of the transportation company’s stock worth $13,407,000 after acquiring an additional 209,800 shares in the last quarter. Voya Investment Management LLC raised its stake in Greenbrier Companies by 9.2% during the second quarter. Voya Investment Management LLC now owns 58,609 shares of the transportation company’s stock worth $2,711,000 after acquiring an additional 4,950 shares in the last quarter. Finally, Parametrica Management Ltd acquired a new position in Greenbrier Companies during the third quarter worth $390,000.

Shares of Greenbrier Companies (GBX) opened at $49.90 on Monday. The company has a market capitalization of $1,440.00, a P/E ratio of 13.52, a P/E/G ratio of 1.33 and a beta of 1.95. Greenbrier Companies has a 12 month low of $40.45 and a 12 month high of $54.45. The company has a quick ratio of 2.04, a current ratio of 2.96 and a debt-to-equity ratio of 0.47.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings results on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.02. The business had revenue of $559.50 million during the quarter, compared to analysts’ expectations of $591.05 million. Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.79 EPS. research analysts expect that Greenbrier Companies will post 4 earnings per share for the current year.

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Greenbrier Companies Company Profile

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

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