Greenbrier Companies VP Unloads $160,750 in Stock (GBX)
Greenbrier Companies (NYSE:GBX) VP Anne Manning sold 2,500 shares of Greenbrier Companies stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $64.30, for a total transaction of $160,750.00. Following the sale, the vice president now directly owns 15,795 shares of the company’s stock, valued at approximately $1,015,619. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Greenbrier Companies (NYSE:GBX) opened at 64.71 on Monday. Greenbrier Companies has a one year low of $22.41 and a one year high of $67.94. The stock has a 50-day moving average of $64.42 and a 200-day moving average of $51.72. The company has a market cap of $1.779 billion and a P/E ratio of 23.45.
Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, July 2nd. The company reported $1.03 EPS for the quarter, beating the Thomson Reuters 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. On average, analysts predict that Greenbrier Companies will post $3.06 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on GBX shares. Analysts at Susquehanna downgraded shares of Greenbrier Companies from a “positive” rating to a “neutral” rating in a research note on Wednesday, August 6th. They now have a $59.00 price target on the stock, up previously from $51.00. Separately, 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. Finally, 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. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. Greenbrier Companies currently has a consensus rating of “Buy” and a consensus price target of $65.00.
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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