Greenbrier Companies Inc (NYSE:GBX) – Investment analysts at KeyCorp lifted their Q2 2018 earnings per share estimates for shares of Greenbrier Companies in a research report issued on Sunday. KeyCorp analyst S. Barger now forecasts that the transportation company will post earnings per share of $0.97 for the quarter, up from their previous forecast of $0.86. KeyCorp currently has a “Buy” rating and a $60.00 target price on the stock. KeyCorp also issued estimates for Greenbrier Companies’ Q3 2018 earnings at $1.23 EPS, Q4 2018 earnings at $1.22 EPS, FY2018 earnings at $4.25 EPS, Q1 2019 earnings at $1.01 EPS, Q2 2019 earnings at $1.01 EPS, Q3 2019 earnings at $1.18 EPS, Q4 2019 earnings at $1.22 EPS and FY2019 earnings at $4.42 EPS.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Friday, January 5th. The transportation company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.02. Greenbrier Companies had a net margin of 5.39% and a return on equity of 10.71%. The firm had revenue of $559.50 million for the quarter, compared to analyst estimates of $591.05 million. During the same period last year, the firm posted $0.79 EPS. Greenbrier Companies’s quarterly revenue was up 1.3% on a year-over-year basis.

GBX has been the topic of a number of other reports. Stifel Nicolaus reiterated a “buy” rating and issued a $60.00 price objective (up from $51.00) on shares of Greenbrier Companies in a research report on Thursday, October 5th. Zacks Investment Research upgraded shares of Greenbrier Companies from a “hold” rating to a “strong-buy” rating and set a $58.00 price objective on the stock in a research report on Friday, October 6th. ValuEngine upgraded shares of Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Cowen reiterated an “outperform” rating and issued a $58.00 price objective (up from $57.00) on shares of Greenbrier Companies in a research report on Thursday, October 5th. Finally, Buckingham Research lifted their price objective on shares of Greenbrier Companies from $45.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, October 5th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $59.00.

Greenbrier Companies (NYSE:GBX) traded down $0.30 during trading hours on Tuesday, reaching $50.30. 526,200 shares of the company were exchanged, compared to its average volume of 586,020. Greenbrier Companies has a 1 year low of $40.45 and a 1 year high of $54.45. The company has a current ratio of 2.96, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. The stock has a market cap of $1,440.00, a price-to-earnings ratio of 13.63, a price-to-earnings-growth ratio of 1.33 and a beta of 1.95.

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Greenbrier Companies by 2.4% in the 2nd quarter. Vanguard Group Inc. now owns 5,322,591 shares of the transportation company’s stock valued at $246,170,000 after purchasing an additional 122,476 shares during the last quarter. Northern Trust Corp increased its stake in shares of Greenbrier Companies by 6.6% during the 2nd quarter. Northern Trust Corp now owns 790,902 shares of the transportation company’s stock valued at $36,579,000 after acquiring an additional 48,894 shares during the last quarter. State Street Corp increased its stake in shares of Greenbrier Companies by 3.0% during the 2nd quarter. State Street Corp now owns 746,041 shares of the transportation company’s stock valued at $34,504,000 after acquiring an additional 21,758 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Greenbrier Companies by 1.0% during the 3rd quarter. Victory Capital Management Inc. now owns 728,047 shares of the transportation company’s stock valued at $35,056,000 after acquiring an additional 7,178 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Greenbrier Companies by 20.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 534,057 shares of the transportation company’s stock valued at $24,699,000 after acquiring an additional 89,923 shares during the last quarter.

In related news, CEO William A. Furman sold 117,652 shares of the business’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $46.91, for a total value of $5,519,055.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alejandro Centurion sold 5,500 shares of the business’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $52.21, for a total transaction of $287,155.00. Following the completion of the transaction, the executive vice president now directly owns 19,593 shares of the company’s stock, valued at approximately $1,022,950.53. The disclosure for this sale can be found here. Insiders sold a total of 284,830 shares of company stock worth $13,596,712 over the last quarter. Insiders own 2.46% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Friday, January 26th will be given a $0.23 dividend. The ex-dividend date of this dividend is Thursday, January 25th. This represents a $0.92 annualized dividend and a dividend yield of 1.83%. Greenbrier Companies’s dividend payout ratio is presently 24.93%.

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Greenbrier Companies Company Profile

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Earnings History and Estimates for Greenbrier Companies (NYSE:GBX)

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