The Greenbrier Companies, Inc. (NYSE:GBX – Get Rating) Chairman William A. Furman sold 62,993 shares of the firm’s stock in a transaction that occurred on Wednesday, August 3rd. The stock was sold at an average price of $30.27, for a total transaction of $1,906,798.11. Following the sale, the chairman now owns 344,959 shares in the company, valued at $10,441,908.93. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Greenbrier Companies Price Performance
NYSE:GBX opened at $30.84 on Friday. The Greenbrier Companies, Inc. has a 1-year low of $28.01 and a 1-year high of $53.46. The company has a current ratio of 1.95, a quick ratio of 1.12 and a debt-to-equity ratio of 0.84. The firm has a fifty day simple moving average of $35.45 and a 200 day simple moving average of $41.33. The stock has a market capitalization of $1.01 billion, a PE ratio of 17.72, a P/E/G ratio of 2.95 and a beta of 1.34.
Greenbrier Companies (NYSE:GBX – Get Rating) last released its earnings results on Monday, July 11th. The transportation company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.58). Greenbrier Companies had a net margin of 2.23% and a return on equity of 4.18%. The firm had revenue of $793.50 million during the quarter, compared to the consensus estimate of $736.13 million. During the same period in the prior year, the business posted $0.69 earnings per share. Greenbrier Companies’s quarterly revenue was up 76.3% compared to the same quarter last year. On average, research analysts expect that The Greenbrier Companies, Inc. will post 1.46 EPS for the current fiscal year.
Greenbrier Companies Dividend Announcement
Hedge Funds Weigh In On Greenbrier Companies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GBX. Oliver Lagore Vanvalin Investment Group bought a new position in Greenbrier Companies during the first quarter worth $26,000. Samalin Investment Counsel LLC bought a new position in Greenbrier Companies during the first quarter worth $39,000. Meeder Asset Management Inc. bought a new position in Greenbrier Companies during the first quarter worth $57,000. KBC Group NV bought a new position in Greenbrier Companies during the second quarter worth $101,000. Finally, National Bank of Canada FI boosted its position in Greenbrier Companies by 674.1% during the second quarter. National Bank of Canada FI now owns 2,864 shares of the transportation company’s stock worth $103,000 after purchasing an additional 2,494 shares during the period. 98.07% of the stock is owned by institutional investors.
Analyst Ratings Changes
GBX has been the topic of a number of recent research reports. Susquehanna lowered their price objective on shares of Greenbrier Companies from $58.00 to $38.00 and set a “positive” rating on the stock in a report on Tuesday, July 12th. Bank of America downgraded shares of Greenbrier Companies from a “buy” rating to a “neutral” rating in a report on Monday, July 11th. StockNews.com downgraded shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Monday, July 11th. TheStreet downgraded shares of Greenbrier Companies from a “b-” rating to a “c” rating in a report on Monday, July 11th. Finally, Stephens lowered their price objective on shares of Greenbrier Companies from $63.00 to $59.00 and set an “overweight” rating on the stock in a report on Thursday, April 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $48.50.
About Greenbrier Companies
The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels.
- Get a free copy of the StockNews.com research report on Greenbrier Companies (GBX)
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