Share on StockTwits

Greenbrier Companies (NYSE:GBX) CFO Mark J. Rittenbaum unloaded 10,000 shares of Greenbrier Companies stock on the open market in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $69.73, for a total transaction of $697,300.00. Following the completion of the sale, the chief financial officer now directly owns 103,815 shares in the company, valued at approximately $7,239,020. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Greenbrier Companies (NYSE:GBX) traded up 1.67% on Wednesday, hitting $70.79. 697,598 shares of the company’s stock traded hands. Greenbrier Companies has a 52-week low of $22.41 and a 52-week high of $70.50. The stock has a 50-day moving average of $64.87 and a 200-day moving average of $52.30. The company has a market cap of $1.946 billion and a price-to-earnings ratio of 25.23.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings data 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 in the prior year, the company posted $0.50 earnings per share. The company’s quarterly revenue 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.

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 investment 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’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price 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.

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.