The Greenbrier Companies, Inc. (NYSE:GBX - Get Free Report) SVP Martin Raymond Baker sold 4,480 shares of Greenbrier Companies stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $52.40, for a total value of $234,752.00. Following the completion of the sale, the senior vice president now directly owns 49,000 shares in the company, valued at approximately $2,567,600. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Greenbrier Companies Stock Performance
NYSE GBX opened at $50.65 on Thursday. The company has a market cap of $1.58 billion, a P/E ratio of 14.90, a P/E/G ratio of 1.77 and a beta of 1.66. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. The business's 50 day moving average price is $50.47 and its 200-day moving average price is $44.43. The Greenbrier Companies, Inc. has a fifty-two week low of $25.41 and a fifty-two week high of $58.00.
Greenbrier Companies (NYSE:GBX - Get Free Report) last announced its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.75 by $0.28. The company had revenue of $862.70 million for the quarter, compared to the consensus estimate of $841.58 million. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. Greenbrier Companies's quarterly revenue was down 23.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.99 EPS. Sell-side analysts predict that The Greenbrier Companies, Inc. will post 4.13 earnings per share for the current year.
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The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.37%. The ex-dividend date is Monday, April 22nd. Greenbrier Companies's dividend payout ratio (DPR) is presently 35.29%.
Hedge Funds Weigh In On Greenbrier Companies
Hedge funds have recently bought and sold shares of the business. Samalin Investment Counsel LLC bought a new position in Greenbrier Companies in the 1st quarter valued at $39,000. Point72 Asset Management L.P. bought a new position in Greenbrier Companies in the 2nd quarter valued at $32,000. Gladius Capital Management LP purchased a new stake in shares of Greenbrier Companies in the 3rd quarter worth $31,000. BluePath Capital Management LLC purchased a new stake in shares of Greenbrier Companies in the 3rd quarter worth $32,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of Greenbrier Companies in the 3rd quarter worth $45,000. Institutional investors own 95.59% of the company's stock.
Analyst Upgrades and Downgrades
GBX has been the topic of a number of research reports. TheStreet raised Greenbrier Companies from a "c+" rating to a "b" rating in a research note on Friday, January 5th. Stephens lifted their price objective on Greenbrier Companies from $62.00 to $65.00 and gave the stock an "overweight" rating in a research note on Monday, April 8th. Susquehanna boosted their target price on Greenbrier Companies from $56.00 to $63.00 and gave the company a "positive" rating in a research report on Tuesday, April 9th. Finally, TD Cowen boosted their target price on Greenbrier Companies from $53.00 to $60.00 and gave the company a "buy" rating in a research report on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $54.00.
Check Out Our Latest Analysis on GBX
Greenbrier Companies Company Profile
(
Get Free Report)
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.
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