Greenbrier Cos. Inc. Sets New 1-Year High at $25.41 (GBX)
Greenbrier Cos. (NYSE:GBX) set a new 52-week high on Monday, American Banking & Market News reports. The company traded as high as $25.41 and last traded at $24.80, with a volume of 134,086 shares. The stock had previously closed at $24.52.
A number of research firms have recently commented on GBX. Analysts at Merrill Lynch downgraded shares of Greenbrier Cos. (NYSE:GBX) from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, July 10th. Separately, analysts at Bank of America Corp. downgraded shares of Greenbrier Cos. (NYSE:GBX) from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, July 10th. Finally, analysts at Sterne Agee reiterated a “buy” rating on shares of Greenbrier Cos. (NYSE:GBX) in a research note to investors on Monday, July 8th. They now have a $27.00 price target on the stock, down previously from $28.00.
Two research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $24.62.
Greenbrier Cos. has a 1-year low of $13.25 and a 1-year high of $25.41. The stock has a 50-day moving average of $23.33 and a 200-day moving average of $22.8. The company’s market cap is $671.5 million.
Greenbrier Cos. (NYSE:GBX) last issued its quarterly earnings data on Tuesday, July 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The company had revenue of $433.70 million for the quarter, compared to the consensus estimate of $503.08 million. During the same quarter in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was down 14.6% on a year-over-year basis. On average, analysts predict that Greenbrier Cos. will post $1.91 earnings per share for the current fiscal year.
The Greenbrier Companies, Inc (NYSE:GBX), formerly Greenbrier Oregon, Inc, are the designers, manufacturers and marketers of railroad freight car equipment in North America and Europe, a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services, railcar refurbishment and parts, leasing and other services to the railroad and related transportation industries in North America.
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