Greenbrier Companies SVP Sells $660,000 in Stock (GBX)
Greenbrier Companies (NYSE:GBX) SVP Lorie Leeson unloaded 10,000 shares of Greenbrier Companies stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $66.00, for a total transaction of $660,000.00. Following the transaction, the senior vice president now directly owns 18,461 shares of the company’s stock, valued at approximately $1,218,426. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Greenbrier Companies (NYSE:GBX) traded up 1.43% during mid-day trading on Monday, hitting $65.94. 604,454 shares of the company’s stock traded hands. Greenbrier Companies has a one year low of $21.80 and a one year high of $67.84. The stock has a 50-day moving average of $59.15 and a 200-day moving average of $46.88. The company has a market cap of $1.812 billion and a price-to-earnings ratio of 23.55.
Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, July 2nd. The company reported $1.03 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.74 by $0.29. The company had revenue of $593.30 million for the quarter, compared to the consensus estimate of $570.74 million. During the same quarter last year, the company posted $0.50 earnings per share. Greenbrier Companies’s revenue was up 36.8% compared to the same quarter last year. Analysts expect that Greenbrier Companies will post $2.98 EPS for the current fiscal year.
The company also recently declared a Quarterly dividend, which is scheduled for Tuesday, August 5th. Investors of record on Tuesday, July 15th will be given a dividend of $0.15 per share. This represents a yield of 2.67%. The ex-dividend date of this dividend is Friday, July 11th.
A number of research firms have recently commented on GBX. Analysts at Sterne Agee reiterated a “buy” rating on shares of Greenbrier Companies in a research note on Monday, July 7th. They now have a $75.00 price target on the stock, up previously from $55.00. Separately, analysts at DA Davidson reiterated a “buy” rating on shares of Greenbrier Companies in a research note on Thursday, July 3rd. They now have a $75.00 price target on the stock, up previously from $65.00. Finally, analysts at Zacks upgraded shares of Greenbrier Companies from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 24th. They now have a $61.10 price target on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $65.30.
Greenbrier Co Inc, (NYSE:GBX), formerly The Greenbrier Companies, 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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