Wall Street brokerages predict that Greenbrier Companies Inc (NYSE:GBX) will report sales of $625.15 million for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Greenbrier Companies’ earnings, with the lowest sales estimate coming in at $576.00 million and the highest estimate coming in at $680.20 million. Greenbrier Companies reported sales of $566.28 million in the same quarter last year, which indicates a positive year over year growth rate of 10.4%. The company is scheduled to report its next quarterly earnings results on Wednesday, April 4th.
On average, analysts expect that Greenbrier Companies will report full-year sales of $625.15 million for the current fiscal year, with estimates ranging from $2.45 billion to $2.69 billion. For the next financial year, analysts expect that the business will report sales of $2.44 billion per share, with estimates ranging from $2.40 billion to $2.48 billion. Zacks’ sales averages are an average based on a survey of sell-side research analysts that cover Greenbrier Companies.
Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.02. The business had revenue of $559.50 million for the quarter, compared to analyst estimates of $591.05 million. Greenbrier Companies had a net margin of 5.39% and a return on equity of 10.71%. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.79 earnings per share.
In other Greenbrier Companies news, EVP Alejandro Centurion sold 5,000 shares of the company’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $52.00, for a total transaction of $260,000.00. Following the sale, the executive vice president now directly owns 13,523 shares of the company’s stock, valued at $703,196. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William A. Furman sold 117,652 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $46.91, for a total transaction of $5,519,055.32. The disclosure for this sale can be found here. In the last three months, insiders sold 218,352 shares of company stock worth $10,268,342. 2.46% of the stock is currently owned by insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC raised its position in Greenbrier Companies by 872.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock worth $130,000 after acquiring an additional 2,529 shares in the last quarter. Eqis Capital Management Inc. bought a new stake in Greenbrier Companies during the fourth quarter worth $206,000. C M Bidwell & Associates Ltd. bought a new stake in Greenbrier Companies during the fourth quarter worth $245,000. Macquarie Group Ltd. bought a new stake in Greenbrier Companies during the third quarter worth $265,000. Finally, Jennison Associates LLC bought a new stake in Greenbrier Companies during the third quarter worth $285,000.
Shares of Greenbrier Companies (NYSE GBX) opened at $47.50 on Thursday. The company has a quick ratio of 2.04, a current ratio of 2.96 and a debt-to-equity ratio of 0.47. The company has a market cap of $1,360.00, a price-to-earnings ratio of 12.87, a PEG ratio of 1.23 and a beta of 1.67. Greenbrier Companies has a 1 year low of $40.45 and a 1 year high of $54.45.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Friday, January 26th will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend is Thursday, January 25th. Greenbrier Companies’s dividend payout ratio is presently 24.93%.
About Greenbrier Companies
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.
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