Wall Street analysts expect Genesee & Wyoming, Inc. (NYSE:GWR) to report $581.66 million in sales for the current quarter, Zacks reports. Four analysts have issued estimates for Genesee & Wyoming’s earnings, with the lowest sales estimate coming in at $580.30 million and the highest estimate coming in at $582.69 million. Genesee & Wyoming posted sales of $501.00 million in the same quarter last year, which would indicate a positive year over year growth rate of 16.1%. The business is scheduled to report its next quarterly earnings report on Tuesday, November 7th.

According to Zacks, analysts expect that Genesee & Wyoming will report full year sales of $581.66 million for the current fiscal year, with estimates ranging from $2.21 billion to $2.22 billion. For the next financial year, analysts anticipate that the business will report sales of $2.34 billion per share, with estimates ranging from $2.30 billion to $2.38 billion. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover Genesee & Wyoming.

Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings results on Tuesday, August 1st. The transportation company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.73 by $0.07. The company had revenue of $540.43 million for the quarter, compared to analyst estimates of $539.59 million. Genesee & Wyoming had a return on equity of 6.32% and a net margin of 6.64%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.81 earnings per share.

Several brokerages have recently commented on GWR. BidaskClub downgraded Genesee & Wyoming from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Cowen and Company restated a “buy” rating and issued a $75.00 target price on shares of Genesee & Wyoming in a research note on Tuesday, July 11th. Morgan Stanley restated an “equal weight” rating on shares of Genesee & Wyoming in a research note on Tuesday, July 11th. Finally, Zacks Investment Research downgraded Genesee & Wyoming from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $75.67.

Shares of Genesee & Wyoming (NYSE:GWR) traded down 0.20% during mid-day trading on Friday, hitting $69.79. The stock had a trading volume of 691,461 shares. The firm’s 50 day moving average price is $67.41 and its 200 day moving average price is $67.17. The company has a market cap of $4.35 billion, a P/E ratio of 30.58 and a beta of 1.70. Genesee & Wyoming has a 1-year low of $61.44 and a 1-year high of $80.73.

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In related news, COO David A. Brown sold 4,156 shares of the firm’s stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $66.19, for a total value of $275,085.64. Following the transaction, the chief operating officer now owns 31,416 shares of the company’s stock, valued at approximately $2,079,425.04. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Timothy J. Gallagher sold 5,073 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $66.84, for a total transaction of $339,079.32. Following the completion of the transaction, the chief financial officer now directly owns 56,951 shares in the company, valued at approximately $3,806,604.84. The disclosure for this sale can be found here. In the last ninety days, insiders sold 30,931 shares of company stock worth $2,058,531. 3.80% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bronfman E.L. Rothschild L.P. lifted its position in Genesee & Wyoming by 8.4% in the 1st quarter. Bronfman E.L. Rothschild L.P. now owns 1,546 shares of the transportation company’s stock valued at $105,000 after acquiring an additional 120 shares in the last quarter. Neuburgh Advisers LLC lifted its position in Genesee & Wyoming by 15.2% in the 1st quarter. Neuburgh Advisers LLC now owns 1,696 shares of the transportation company’s stock valued at $115,000 after acquiring an additional 224 shares in the last quarter. Global X Management Co. LLC lifted its position in Genesee & Wyoming by 221.8% in the 2nd quarter. Global X Management Co. LLC now owns 1,947 shares of the transportation company’s stock valued at $133,000 after acquiring an additional 1,342 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Genesee & Wyoming by 34.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,445 shares of the transportation company’s stock valued at $166,000 after acquiring an additional 631 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Genesee & Wyoming in the 1st quarter valued at about $186,000. 96.22% of the stock is currently owned by institutional investors and hedge funds.

Genesee & Wyoming Company Profile

Genesee & Wyoming Inc owns and operates freight railroads across the world. As of December 31, 2016, the Company owned or leased 122 freight railroads worldwide that are organized in 10 operating regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations.

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