Greenbrier Companies SVP Unloads $81,120 in Stock (GBX)
Greenbrier Companies (NYSE:GBX) SVP Lorie Leeson sold 1,200 shares of Greenbrier Companies stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $67.60, for a total value of $81,120.00. Following the completion of the transaction, the senior vice president now directly owns 15,681 shares in the company, valued at approximately $1,060,036. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on GBX. 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 research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $65.00.
Shares of Greenbrier Companies (NYSE:GBX) traded up 2.37% on Tuesday, hitting $69.63. 1,006,800 shares of the company’s stock traded hands. Greenbrier Companies has a one year low of $22.41 and a one year high of $70.50. The stock’s 50-day moving average is $64.87 and its 200-day moving average is $52.30. The company has a market cap of $1.914 billion and a P/E ratio of 24.64.
Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, July 2nd. The company reported $1.03 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.50 earnings per share. The company’s revenue for the quarter was up 36.8% on a year-over-year basis. On average, analysts predict that Greenbrier Companies will post $3.06 earnings per share for the current fiscal year.
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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