The Greenbrier Companies, Inc. (NYSE:GBX) Given Average Rating of “Hold” by Brokerages

Shares of The Greenbrier Companies, Inc. (NYSE:GBX – Get Rating) have earned a consensus rating of “Hold” from the five research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $48.00.

A number of equities research analysts have recently weighed in on GBX shares. Bank of America lowered Greenbrier Companies from a “neutral” rating to an “underperform” rating in a research note on Tuesday, January 17th. TheStreet raised Greenbrier Companies from a “c+” rating to a “b-” rating in a report on Friday, November 18th. StockNews.com downgraded Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Thursday, January 5th. Finally, Susquehanna downgraded Greenbrier Companies from a “positive” rating to a “neutral” rating and lifted their target price for the stock from $30.00 to $37.00 in a report on Monday, November 7th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of GBX. Fisher Asset Management LLC acquired a new position in Greenbrier Companies in the fourth quarter valued at approximately $21,223,000. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in Greenbrier Companies by 44.2% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,631,789 shares of the transportation company’s stock valued at $39,604,000 after acquiring an additional 499,908 shares during the period. Franklin Resources Inc. lifted its holdings in Greenbrier Companies by 19.4% in the fourth quarter. Franklin Resources Inc. now owns 2,334,030 shares of the transportation company’s stock valued at $78,260,000 after acquiring an additional 380,048 shares during the period. Norges Bank acquired a new position in Greenbrier Companies in the fourth quarter valued at approximately $9,114,000. Finally, Victory Capital Management Inc. lifted its holdings in Greenbrier Companies by 12.4% in the third quarter. Victory Capital Management Inc. now owns 1,413,580 shares of the transportation company’s stock valued at $34,308,000 after acquiring an additional 155,885 shares during the period. 95.95% of the stock is owned by institutional investors and hedge funds.

Greenbrier Companies Price Performance

Shares of GBX stock opened at $33.09 on Friday. Greenbrier Companies has a fifty-two week low of $23.80 and a fifty-two week high of $53.46. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 59.09, a PEG ratio of 2.22 and a beta of 1.52. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.83 and a current ratio of 1.74. The stock’s 50-day simple moving average is $30.62 and its 200-day simple moving average is $31.30.

Greenbrier Companies (NYSE:GBX – Get Rating) last issued its quarterly earnings results on Friday, January 6th. The transportation company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.42). Greenbrier Companies had a return on equity of 2.66% and a net margin of 0.61%. The business had revenue of $766.50 million for the quarter, compared to analysts’ expectations of $736.80 million. As a group, equities analysts forecast that Greenbrier Companies will post 2.11 earnings per share for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 16th. Shareholders of record on Thursday, January 26th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date was Wednesday, January 25th. Greenbrier Companies’s payout ratio is presently 192.86%.

About Greenbrier Companies

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Greenbrier Cos., Inc engages in the design, manufacture and marketing of railroad freight car equipment. It operates through the following segments: Manufacturing, Maintenance Services, Leasing & Management Services, and Corporate. The Manufacturing segment includes double-stack intermodal railcars, tank cars, and marine vessels.