Greenbrier Companies Inc. (NYSE:GBX) – KeyCorp raised their FY2017 earnings per share (EPS) estimates for Greenbrier Companies in a report issued on Wednesday. KeyCorp analyst S. Barger now expects that the brokerage will post earnings of $4.17 per share for the year, up from their previous estimate of $3.97.
Several other equities analysts have also recently issued reports on GBX. Longbow Research cut Greenbrier Companies from a “buy” rating to a “neutral” rating in a report on Monday, June 20th. Cowen and Company reduced their price objective on Greenbrier Companies from $37.00 to $35.00 and set an “outperform” rating for the company in a report on Thursday, July 7th. Standpoint Research reaffirmed a “buy” rating on shares of Greenbrier Companies in a report on Wednesday, July 27th. Zacks Investment Research raised Greenbrier Companies from a “hold” rating to a “strong-buy” rating and set a $38.00 price objective for the company in a report on Tuesday, September 6th. Finally, Wells Fargo & Co. reaffirmed a “hold” rating and set a $31.00 price objective on shares of Greenbrier Companies in a report on Monday, September 19th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $35.13.
Greenbrier Companies (NYSE:GBX) traded up 0.63% during trading on Friday, reaching $36.91. The company had a trading volume of 160,073 shares. The company has a market capitalization of $1.04 billion, a P/E ratio of 5.51 and a beta of 2.46. Greenbrier Companies has a 12 month low of $19.89 and a 12 month high of $42.04. The firm’s 50 day moving average is $34.38 and its 200-day moving average is $30.71.
Greenbrier Companies (NYSE:GBX) last posted its earnings results on Wednesday, July 6th. The company reported $1.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.09 by $0.03. Greenbrier Companies had a return on equity of 23.41% and a net margin of 7.60%. The firm had revenue of $612.90 million for the quarter. During the same period in the previous year, the company posted $1.49 EPS. Greenbrier Companies’s revenue was down 14.2% on a year-over-year basis.
In other Greenbrier Companies news, EVP Mark J. Rittenbaum sold 6,250 shares of the business’s stock in a transaction dated Tuesday, August 23rd. The stock was sold at an average price of $34.75, for a total transaction of $217,187.50. Following the completion of the sale, the executive vice president now owns 89,107 shares of the company’s stock, valued at $3,096,468.25. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP James T. Sharp sold 3,000 shares of the business’s stock in a transaction dated Monday, July 11th. The shares were sold at an average price of $30.00, for a total value of $90,000.00. Following the sale, the executive vice president now directly owns 3,487 shares of the company’s stock, valued at approximately $104,610. The disclosure for this sale can be found here. 4.60% of the stock is owned by insiders.
A number of large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC purchased a new stake in Greenbrier Companies during the second quarter worth about $108,000. Teacher Retirement System of Texas increased its stake in Greenbrier Companies by 20.4% in the second quarter. Teacher Retirement System of Texas now owns 3,994 shares of the company’s stock worth $116,000 after buying an additional 678 shares during the period. US Bancorp DE increased its stake in Greenbrier Companies by 35.6% in the second quarter. US Bancorp DE now owns 4,908 shares of the company’s stock worth $143,000 after buying an additional 1,288 shares during the period. Mason Street Advisors LLC purchased a new stake in Greenbrier Companies during the second quarter worth about $146,000. Finally, Acrospire Investment Management LLC purchased a new stake in Greenbrier Companies during the first quarter worth about $138,000. 94.55% of the stock is owned by hedge funds and other institutional investors.
Greenbrier Companies Company Profile