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

Shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) have been given an average recommendation of “Reduce” by the five research firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $50.6667.

Several analysts recently weighed in on GBX shares. Zacks Research downgraded Greenbrier Companies from a “hold” rating to a “strong sell” rating in a report on Thursday, October 30th. Wall Street Zen cut shares of Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a report on Saturday, November 1st. Weiss Ratings restated a “hold (c+)” rating on shares of Greenbrier Companies in a research note on Wednesday, October 8th. Susquehanna decreased their price target on Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating for the company in a report on Wednesday, October 29th. Finally, The Goldman Sachs Group initiated coverage on Greenbrier Companies in a report on Friday, November 21st. They issued a “sell” rating and a $38.00 price objective on the stock.

Greenbrier Companies Stock Up 0.4%

Shares of NYSE GBX opened at $47.32 on Tuesday. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 7.51, a P/E/G ratio of 2.05 and a beta of 1.68. The firm’s 50-day moving average price is $44.37 and its 200-day moving average price is $46.20. Greenbrier Companies has a 12-month low of $37.77 and a 12-month high of $71.06. The company has a current ratio of 2.43, a quick ratio of 1.38 and a debt-to-equity ratio of 1.03.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Wednesday, May 31st. The transportation company reported $0.05 earnings per share for the quarter. The business 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 research analysts anticipate that Greenbrier Companies will post 5.9 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Wednesday, November 12th were issued a $0.32 dividend. The ex-dividend date was Wednesday, November 12th. This represents a $1.28 dividend on an annualized basis and a yield of 2.7%. Greenbrier Companies’s dividend payout ratio (DPR) is presently 20.32%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GBX. US Bancorp DE boosted 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 worth $57,000 after purchasing an additional 590 shares during the period. Vanguard Group Inc. raised its position in Greenbrier Companies by 6.8% in the 1st quarter. Vanguard Group Inc. now owns 3,778,630 shares of the transportation company’s stock valued at $193,541,000 after purchasing an additional 242,180 shares during the last quarter. National Bank of Canada FI lifted its position in 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 worth $105,000 after acquiring an additional 1,751 shares during the period. Invesco Ltd. lifted its stake in shares of Greenbrier Companies by 17.8% in the 1st quarter. Invesco Ltd. now owns 437,868 shares of the transportation company’s stock worth $22,428,000 after acquiring an additional 66,150 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of Greenbrier Companies in the 1st quarter valued at approximately $6,602,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

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.