Greenbrier Companies Given Consensus Recommendation of “Buy” by Brokerages (NYSE:GBX)
Greenbrier Companies (NYSE:GBX) has been given an average rating of “Buy” by the ten ratings firms that are covering the stock, AnalystRatings.NET reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $65.00.
Shares of Greenbrier Companies (NYSE:GBX) traded down 0.38% on Friday, hitting $71.07. 74,157 shares of the company’s stock traded hands. Greenbrier Companies has a 1-year low of $22.41 and a 1-year high of $72.79. The stock has a 50-day moving average of $66.36 and a 200-day moving average of $54.01. The company has a market cap of $1.953 billion and a price-to-earnings ratio of 25.85.
Greenbrier Companies (NYSE:GBX) last posted its quarterly 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. Analysts expect that Greenbrier Companies will post $3.06 EPS for the current fiscal year.
In other Greenbrier Companies news, Director Victoria Mcmanus sold 4,666 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $72.31, for a total transaction of $337,398.46. The sale was disclosed in a document filed 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.
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.