Greenbrier Cos. CEO Sells $103,980 in Stock (GBX)
Greenbrier Cos. (NYSE:GBX) CEO Alejandro Centurion sold 3,000 shares of the company’s stock on the open market in a transaction dated Monday, January 13th. The stock was sold at an average price of $34.66, for a total transaction of $103,980.00. Following the completion of the transaction, the chief executive officer now directly owns 44,291 shares of the company’s stock, valued at approximately $1,535,126. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Greenbrier Cos. (NYSE:GBX) remained flat at $34.70 during trading on Monday. The stock had a trading volume of 495,026 shares. Greenbrier Cos. has a 52 week low of $17.15 and a 52 week high of $34.73. The stock has a 50-day moving average of $32.03 and a 200-day moving average of $26.59. The company’s market cap is $970.2 million.
Greenbrier Cos. (NYSE:GBX) last issued its quarterly earnings data 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 last year, the company posted $0.35 earnings per share. Greenbrier Cos.’s revenue was up 18.1% compared to the same quarter last year. Analysts expect that Greenbrier Cos. will post $2.67 EPS for the current fiscal year.
GBX has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Greenbrier Cos. from an “outperform” rating to a “neutral” rating in a research note to investors on Monday. They now have a $37.80 price target on the stock. Separately, analysts at Jefferson Research upgraded shares of Greenbrier Cos. from a “hold” rating to a “buy” rating in a research note to investors on Friday. Finally, 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. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $31.26.
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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