The Greenbrier Companies, Inc. (NYSE:GBX - Get Free Report) SVP Christian Lucky sold 1,454 shares of the firm's stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $52.94, for a total value of $76,974.76. Following the completion of the sale, the senior vice president now directly owns 7,841 shares in the company, valued at approximately $415,102.54. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Greenbrier Companies Trading Down 3.2 %
Shares of NYSE GBX opened at $49.39 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98. The Greenbrier Companies, Inc. has a twelve month low of $25.41 and a twelve month high of $58.00. The company's fifty day moving average is $51.13 and its 200-day moving average is $45.23. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 14.53, a P/E/G ratio of 1.82 and a beta of 1.66.
Greenbrier Companies (NYSE:GBX - Get Free Report) last released its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.28. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The company had revenue of $862.70 million during the quarter, compared to analysts' expectations of $841.58 million. During the same quarter in the prior year, the company earned $0.99 earnings per share. The business's quarterly revenue was down 23.1% compared to the same quarter last year. Equities research analysts predict that The Greenbrier Companies, Inc. will post 4.13 EPS for the current year.
Greenbrier Companies Dividend Announcement
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The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Stockholders of record on Tuesday, April 23rd will be issued a $0.30 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.43%. Greenbrier Companies's dividend payout ratio (DPR) is 35.29%.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Stephens upped their target price on Greenbrier Companies from $62.00 to $65.00 and gave the company an "overweight" rating in a research note on Monday, April 8th. TheStreet raised shares of Greenbrier Companies from a "c+" rating to a "b" rating in a research note on Friday, January 5th. Susquehanna lifted their target price on shares of Greenbrier Companies from $56.00 to $63.00 and gave the company a "positive" rating in a research note on Tuesday, April 9th. Finally, TD Cowen boosted their target price on shares of Greenbrier Companies from $53.00 to $60.00 and gave the stock a "buy" rating in a research note on Monday, April 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $54.00.
Check Out Our Latest Research Report on GBX
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Hexagon Capital Partners LLC acquired a new position in Greenbrier Companies during the 1st quarter worth approximately $26,000. Gladius Capital Management LP acquired a new position in Greenbrier Companies during the third quarter worth $31,000. BluePath Capital Management LLC acquired a new position in Greenbrier Companies during the third quarter worth $32,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Greenbrier Companies during the 3rd quarter worth about $45,000. Finally, Wetzel Investment Advisors Inc. bought a new position in shares of Greenbrier Companies in the 4th quarter valued at about $57,000. 95.59% of the stock is owned by institutional investors and hedge funds.
About Greenbrier Companies
(
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.
Further Reading
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