Greenbrier Companies, Inc. (The) (GBX) Upgraded at BidaskClub

Greenbrier Companies, Inc. (The) (NYSE:GBX) was upgraded by investment analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, June 13th.

Several other research analysts have also recently weighed in on the company. Bank of America Corporation upgraded Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $49.00 to $59.00 in a report on Thursday, April 6th. Cowen and Company upped their price objective on Greenbrier Companies, Inc. (The) from $50.00 to $57.00 and gave the company an “outperform” rating in a report on Friday, April 7th. Zacks Investment Research cut Greenbrier Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Wednesday, April 5th. KeyCorp upped their price objective on Greenbrier Companies, Inc. (The) from $50.00 to $60.00 and gave the company an “overweight” rating in a report on Friday, April 7th. Finally, ValuEngine upgraded Greenbrier Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Greenbrier Companies, Inc. (The) presently has an average rating of “Hold” and a consensus price target of $44.43.

Analyst Recommendations for Greenbrier Companies, Inc. (The) (NYSE:GBX)

Shares of Greenbrier Companies, Inc. (NYSE GBX) traded down 2.37% during mid-day trading on Tuesday, hitting $47.35. The stock had a trading volume of 296,568 shares. Greenbrier Companies, Inc. has a 12 month low of $25.90 and a 12 month high of $49.95. The stock’s 50-day moving average is $45.40 and its 200 day moving average is $44.27. The company has a market cap of $1.34 billion, a PE ratio of 11.68 and a beta of 2.00.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last issued its earnings results on Wednesday, April 5th. The transportation company reported $1.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.25. The business had revenue of $566.30 million for the quarter, compared to analysts’ expectations of $522.48 million. Greenbrier Companies, Inc. (The) had a return on equity of 12.41% and a net margin of 5.52%. The business’s revenue for the quarter was down 15.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.41 EPS. On average, equities research analysts forecast that Greenbrier Companies, Inc. will post $3.51 earnings per share for the current fiscal year.

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In other Greenbrier Companies, Inc. (The) news, EVP Alejandro Centurion sold 8,000 shares of the company’s stock in a transaction on Monday, April 10th. The stock was sold at an average price of $48.10, for a total transaction of $384,800.00. Following the transaction, the executive vice president now directly owns 17,002 shares in the company, valued at $817,796.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark J. Rittenbaum sold 2,100 shares of the company’s stock in a transaction on Friday, May 26th. The stock was sold at an average price of $44.75, for a total value of $93,975.00. Following the transaction, the executive vice president now owns 63,827 shares in the company, valued at $2,856,258.25. The disclosure for this sale can be found here. Insiders have sold 513,784 shares of company stock worth $22,602,474 over the last 90 days. 4.60% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GBX. Ameritas Investment Partners Inc. purchased a new position in Greenbrier Companies, Inc. (The) during the first quarter worth approximately $101,000. State of Alaska Department of Revenue boosted its position in Greenbrier Companies, Inc. (The) by 2.6% in the first quarter. State of Alaska Department of Revenue now owns 3,130 shares of the transportation company’s stock worth $134,000 after buying an additional 80 shares during the period. Stifel Financial Corp bought a new stake in Greenbrier Companies, Inc. (The) during the first quarter worth $202,000. Cim Investment Mangement Inc. bought a new stake in Greenbrier Companies, Inc. (The) during the first quarter worth $204,000. Finally, Sii Investments Inc. WI bought a new stake in Greenbrier Companies, Inc. (The) during the fourth quarter worth $234,000.

Greenbrier Companies, Inc. (The) 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.

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