Susquehanna Lowers Greenbrier Companies (NYSE:GBX) Price Target to $52.00

Greenbrier Companies (NYSE:GBX) had its target price lowered by analysts at Susquehanna from $57.00 to $52.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “positive” rating on the transportation company’s stock. Susquehanna’s price target would indicate a potential upside of 26.39% from the company’s current price.

A number of other equities research analysts have also recently commented on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Greenbrier Companies in a report on Wednesday, October 8th. Wall Street Zen raised shares of Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Greenbrier Companies has an average rating of “Hold” and an average price target of $57.00.

Greenbrier Companies Price Performance

Greenbrier Companies stock opened at $41.14 on Wednesday. Greenbrier Companies has a 52 week low of $37.77 and a 52 week high of $71.06. The company’s 50 day moving average price is $45.84 and its two-hundred day moving average price is $46.18. The company has a quick ratio of 0.82, a current ratio of 2.43 and a debt-to-equity ratio of 1.03. The stock has a market cap of $1.27 billion, a P/E ratio of 6.53, a P/E/G ratio of 1.82 and a beta of 1.76.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Wednesday, May 31st. The transportation company reported $0.05 EPS for the quarter. The firm had revenue of $766.50 million for the quarter. Greenbrier Companies had a net margin of 6.30% and a return on equity of 12.90%. On average, equities analysts predict that Greenbrier Companies will post 5.9 earnings per share for the current year.

Insider Activity at Greenbrier Companies

In other news, Director James R. Huffines purchased 2,500 shares of Greenbrier Companies stock in a transaction dated Friday, August 8th. The stock was purchased at an average cost of $44.84 per share, for a total transaction of $112,100.00. Following the transaction, the director directly owned 13,909 shares of the company’s stock, valued at approximately $623,679.56. This trade represents a 21.91% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.78% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in GBX. Evelyn Partners Asset Management Ltd purchased a new position in shares of Greenbrier Companies during the 2nd quarter valued at $47,000. US Bancorp DE grew its position in shares of Greenbrier Companies by 111.1% during the 1st quarter. US Bancorp DE now owns 1,121 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 590 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Greenbrier Companies during the 1st quarter valued at $86,000. National Bank of Canada FI grew its position in shares of Greenbrier Companies by 597.6% during the 1st quarter. National Bank of Canada FI now owns 2,044 shares of the transportation company’s stock valued at $105,000 after purchasing an additional 1,751 shares in the last quarter. Finally, Vestcor Inc purchased a new position in shares of Greenbrier Companies during the 1st quarter valued at $114,000. 95.59% of the stock is currently owned by hedge funds and other institutional investors.

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; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.