Genesee & Wyoming Inc. (NYSE:GWR) has received a consensus recommendation of “Buy” from the fourteen brokerages that are presently covering the stock. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $73.10.
A number of equities research analysts recently weighed in on the company. Zacks Investment Research downgraded Genesee & Wyoming from a “buy” rating to a “hold” rating in a research report on Thursday, July 7th. Cowen and Company reissued an “outperform” rating and set a $77.00 target price (up from $73.00) on shares of Genesee & Wyoming in a research report on Friday, October 21st. Finally, Credit Suisse Group AG reissued a “buy” rating and set a $73.00 target price (up from $70.00) on shares of Genesee & Wyoming in a research report on Tuesday, August 16th.
In other news, insider John C. Hellmann sold 12,976 shares of Genesee & Wyoming stock in a transaction that occurred on Thursday, August 25th. The shares were sold at an average price of $69.21, for a total value of $898,068.96. Following the completion of the transaction, the insider now owns 362,073 shares in the company, valued at $25,059,072.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Timothy J. Gallagher sold 4,600 shares of Genesee & Wyoming stock in a transaction that occurred on Friday, August 5th. The shares were sold at an average price of $64.55, for a total transaction of $296,930.00. Following the completion of the transaction, the chief financial officer now owns 54,847 shares of the company’s stock, valued at approximately $3,540,373.85. The disclosure for this sale can be found here. 3.80% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp boosted its position in Genesee & Wyoming by 3.5% in the first quarter. State Street Corp now owns 1,558,395 shares of the company’s stock worth $97,712,000 after buying an additional 53,016 shares during the period. Bank of Montreal Can purchased a new position in Genesee & Wyoming during the second quarter worth about $9,056,000. Eachwin Capital LP purchased a new position in Genesee & Wyoming during the first quarter worth about $556,000. UBS Group AG boosted its position in Genesee & Wyoming by 7.1% in the first quarter. UBS Group AG now owns 67,123 shares of the company’s stock valued at $4,209,000 after buying an additional 4,439 shares during the period. Finally, Aristotle Capital Boston LLC boosted its position in Genesee & Wyoming by 3.8% in the second quarter. Aristotle Capital Boston LLC now owns 73,988 shares of the company’s stock valued at $4,362,000 after buying an additional 2,717 shares during the period. Institutional investors own 98.07% of the company’s stock.
Genesee & Wyoming (NYSE:GWR) opened at 66.07 on Tuesday. Genesee & Wyoming has a one year low of $41.56 and a one year high of $73.33. The company has a 50-day moving average price of $67.29 and a 200-day moving average price of $64.16. The company has a market capitalization of $3.83 billion, a price-to-earnings ratio of 17.20 and a beta of 1.71.
Genesee & Wyoming (NYSE:GWR) last released its earnings results on Monday, August 1st. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.15. Genesee & Wyoming had a return on equity of 8.07% and a net margin of 10.94%. The business had revenue of $501.40 million for the quarter, compared to the consensus estimate of $490.50 million. During the same period last year, the business earned $0.93 earnings per share. The firm’s revenue for the quarter was down 7.5% compared to the same quarter last year. Equities research analysts anticipate that Genesee & Wyoming will post $3.57 EPS for the current year.