Greenbrier Companies (NYSE:GBX) Stock Rating Lowered by Wall Street Zen

Greenbrier Companies (NYSE:GBX) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other research firms have also recently weighed in on GBX. Susquehanna reduced their price objective on Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating for the company in a research report on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Greenbrier Companies in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Greenbrier Companies presently has a consensus rating of “Hold” and a consensus price target of $57.00.

Greenbrier Companies Trading Up 1.0%

Shares of NYSE:GBX opened at $41.72 on Friday. The company has a market cap of $1.29 billion, a P/E ratio of 6.62, a P/E/G ratio of 1.82 and a beta of 1.76. The stock’s 50-day moving average is $45.72 and its 200-day moving average is $46.19. Greenbrier Companies has a 52-week low of $37.77 and a 52-week high of $71.06. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.82 and a current ratio of 2.43.

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

Insider Buying and Selling

In other news, Director James R. Huffines bought 2,500 shares of Greenbrier Companies stock in a transaction that occurred on Friday, August 8th. The stock was purchased at an average cost of $44.84 per share, with a total value of $112,100.00. Following the completion of the transaction, the director directly owned 13,909 shares in the company, valued at $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 Securities & Exchange Commission, which is accessible through this hyperlink. 1.78% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of GBX. Cambridge Investment Research Advisors Inc. bought a new position in Greenbrier Companies in the first quarter worth $586,000. New York State Teachers Retirement System raised its stake in Greenbrier Companies by 27.2% during the first quarter. New York State Teachers Retirement System now owns 13,848 shares of the transportation company’s stock worth $709,000 after acquiring an additional 2,960 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in Greenbrier Companies during the first quarter worth $235,000. Principal Financial Group Inc. raised its stake in Greenbrier Companies by 2.7% during the first quarter. Principal Financial Group Inc. now owns 156,118 shares of the transportation company’s stock worth $7,996,000 after acquiring an additional 4,089 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Greenbrier Companies by 24.9% during the first quarter. Envestnet Asset Management Inc. now owns 8,139 shares of the transportation company’s stock worth $417,000 after acquiring an additional 1,623 shares in the last quarter. 95.59% of the stock is owned by institutional investors.

Greenbrier Companies Company Profile

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.