Greenbrier Cos. Inc. Sets New 1-Year High at $33.76 (GBX)
Greenbrier Cos. (NYSE:GBX) set a new 52-week high during trading on Wednesday, Analyst Ratings News reports. The stock traded as high as $33.76 and last traded at $33.28, with a volume of 826,412 shares. The stock had previously closed at $32.22.
A number of analysts have recently weighed in on GBX shares. Analysts at Raymond James downgraded shares of Greenbrier Cos. from a “market perform” rating to an “underperform” rating in a research note to investors on Thursday, November 21st. Separately, analysts at Stifel Nicolaus raised their price target on shares of Greenbrier Cos. from $31.00 to $36.00 in a research note to investors on Monday, November 18th. They now have a “buy” rating on the stock. Finally, analysts at Zacks upgraded shares of Greenbrier Cos. from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, November 4th. They now have a $31.30 price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. Greenbrier Cos. has an average rating of “Buy” and an average price target of $30.33.
Greenbrier Cos. has a 52 week low of $17.15 and a 52 week high of $33.76. The stock has a 50-day moving average of $31.77 and a 200-day moving average of $26.44. The company’s market cap is $933.4 million.
Greenbrier Cos. (NYSE:GBX) last announced its earnings results on Wednesday, January 8th. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.53 by $0.03. The company had revenue of $490.40 million for the quarter, compared to the consensus estimate of $481.41 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 18.1% on a year-over-year basis. Analysts expect that Greenbrier Cos. will post $2.68 EPS 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.