Greenbrier Companies Director Sells $337,398 in Stock (GBX)
Greenbrier Companies (NYSE:GBX) Director Victoria Mcmanus sold 4,666 shares of Greenbrier Companies stock on the open market in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $72.31, for a total value of $337,398.46. Following the completion of the sale, the director now directly owns 12,677 shares of the company’s stock, valued at approximately $916,674. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
GBX has been the subject of a number of recent research reports. 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 given a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $65.00.
Shares of Greenbrier Companies (NYSE:GBX) traded down 0.89% on Thursday, hitting $71.34. The stock had a trading volume of 458,387 shares. Greenbrier Companies has a 1-year low of $22.41 and a 1-year high of $72.79. The stock’s 50-day moving average is $66.20 and its 200-day moving average is $53.8. The company has a market cap of $1.961 billion and a P/E ratio of 26.08.
Greenbrier Companies (NYSE:GBX) last released its earnings data 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. 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.