Greenbrier Companies (GBX) Upgraded by UBS Group to “Positive”

UBS Group upgraded shares of Greenbrier Companies (NYSE:GBX) from a neutral rating to a positive rating in a report released on Monday morning, The Fly reports.

A number of other analysts have also issued reports on GBX. KeyCorp raised their price target on Greenbrier Companies from $60.00 to $65.00 and gave the stock an overweight rating in a research note on Friday, August 17th. Mizuho started coverage on Greenbrier Companies in a research note on Wednesday, July 18th. They issued a neutral rating and a $62.00 price target on the stock. ValuEngine raised Greenbrier Companies from a hold rating to a buy rating in a research note on Monday, July 2nd. Stifel Nicolaus raised their price target on Greenbrier Companies from $54.00 to $61.00 and gave the stock a buy rating in a research note on Monday, July 2nd. Finally, Zacks Investment Research raised Greenbrier Companies from a hold rating to a buy rating and set a $61.00 price target on the stock in a research note on Wednesday, July 4th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Greenbrier Companies presently has an average rating of Buy and a consensus target price of $60.38.

GBX opened at $47.45 on Monday. The company has a current ratio of 2.76, a quick ratio of 1.86 and a debt-to-equity ratio of 0.32. The firm has a market cap of $1.57 billion, a P/E ratio of 11.49, a P/E/G ratio of 1.18 and a beta of 1.74. Greenbrier Companies has a 52 week low of $43.05 and a 52 week high of $64.87.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Friday, October 26th. The transportation company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.23). The company had revenue of $689.20 million for the quarter, compared to analyst estimates of $663.98 million. Greenbrier Companies had a net margin of 6.02% and a return on equity of 10.07%. The firm’s revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.86 EPS. Equities analysts predict that Greenbrier Companies will post 4.24 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 5th. Shareholders of record on Wednesday, November 14th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date is Tuesday, November 13th. Greenbrier Companies’s payout ratio is 24.21%.

A number of large investors have recently modified their holdings of GBX. NEXT Financial Group Inc acquired a new stake in Greenbrier Companies in the 3rd quarter worth about $111,000. Advisors Asset Management Inc. boosted its stake in Greenbrier Companies by 2,212.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 27,426 shares of the transportation company’s stock worth $186,000 after buying an additional 26,240 shares during the last quarter. Sun Life Financial INC acquired a new stake in Greenbrier Companies in the 2nd quarter worth about $194,000. CIBC Asset Management Inc purchased a new position in shares of Greenbrier Companies in the 2nd quarter worth about $200,000. Finally, Trilogy Capital Inc. purchased a new position in shares of Greenbrier Companies in the 3rd quarter worth about $221,000.

Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe. Its Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; and pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.

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Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

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