Genesee & Wyoming Inc. Reaches New 12-Month High at $95.49 (GWR)
Genesee & Wyoming (NYSE:GWR)’s share price reached a new 52-week high during mid-day trading on Wednesday, Stock Ratings Network reports. The stock traded as high as $95.49 and last traded at $94.82, with a volume of 334,528 shares traded. The stock had previously closed at $94.84.
GWR has been the subject of a number of recent research reports. Analysts at Wolfe Research upgraded shares of Genesee & Wyoming (NYSE:GWR) from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, September 3rd. Separately, analysts at Stephens raised their price target on shares of Genesee & Wyoming (NYSE:GWR) from $97.00 to $105.00 in a research note to investors on Monday, August 5th. They now have an “overweight” rating on the stock. Finally, analysts at Raymond James raised their price target on shares of Genesee & Wyoming (NYSE:GWR) from $95.00 to $102.00 in a research note to investors on Friday, August 2nd. They now have a “strong-buy” rating on the stock.
Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $93.50.
Genesee & Wyoming has a one year low of $63.62 and a one year high of $95.00. The stock’s 50-day moving average is $88.90 and its 200-day moving average is $88.73. The company has a market cap of $5.060 billion and a P/E ratio of 39.01.
Genesee & Wyoming (NYSE:GWR) last posted its quarterly earnings results on Thursday, August 1st. The company reported $1.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.11 by $0.03. The company had revenue of $400.74 million for the quarter, compared to the consensus estimate of $404.39 million. During the same quarter in the prior year, the company posted $0.84 earnings per share. The company’s quarterly revenue was up 84.3% on a year-over-year basis. Analysts expect that Genesee & Wyoming will post $4.46 EPS for the current fiscal year.
Genesee & Wyoming Inc owns and operates short line and regional freight railroads and provides railcar switching and other rail-related services in the United States, Australia, Canada, the Netherlands and Belgium.
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