Stifel Nicolaus Analysts Give Greenbrier Companies (GBX) a $55.00 Price Target

Greenbrier Companies (NYSE:GBX) has been given a $55.00 target price by analysts at Stifel Nicolaus in a note issued to investors on Friday. The firm currently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ target price indicates a potential upside of 21.41% from the stock’s current price.

Several other analysts also recently issued reports on GBX. Seaport Global Securities assumed coverage on Greenbrier Companies in a research note on Thursday, January 4th. They issued a “buy” rating and a $65.00 price target for the company. ValuEngine upgraded Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Finally, KeyCorp reiterated a “buy” rating and set a $60.00 target price on shares of Greenbrier Companies in a research report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Greenbrier Companies has a consensus rating of “Buy” and a consensus price target of $58.29.

Shares of Greenbrier Companies (NYSE GBX) traded down $0.80 during mid-day trading on Friday, reaching $45.30. The company had a trading volume of 314,761 shares, compared to its average volume of 448,016. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.04 and a current ratio of 2.96. The firm has a market capitalization of $1,363.28, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 1.21 and a beta of 1.67. Greenbrier Companies has a 1 year low of $40.45 and a 1 year high of $54.45.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Friday, January 5th. The transportation company reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.88 by $0.02. The firm had revenue of $559.50 million for the quarter, compared to analysts’ expectations of $591.05 million. Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.79 earnings per share. analysts expect that Greenbrier Companies will post 4.12 EPS for the current year.

In other news, CEO William A. Furman sold 95,700 shares of the stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $46.91, for a total value of $4,489,287.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Alejandro Centurion sold 5,000 shares of the stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $52.00, for a total value of $260,000.00. Following the completion of the sale, the executive vice president now directly owns 13,523 shares of the company’s stock, valued at approximately $703,196. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 218,352 shares of company stock valued at $10,268,342. 2.46% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GBX. Verition Fund Management LLC bought a new position in shares of Greenbrier Companies in the second quarter valued at approximately $319,000. Piedmont Investment Advisors LLC bought a new stake in Greenbrier Companies during the second quarter worth $284,000. LSV Asset Management lifted its holdings in Greenbrier Companies by 33.9% during the fourth quarter. LSV Asset Management now owns 581,427 shares of the transportation company’s stock worth $30,990,000 after acquiring an additional 147,300 shares during the period. JPMorgan Chase & Co. lifted its holdings in Greenbrier Companies by 1.2% during the third quarter. JPMorgan Chase & Co. now owns 291,016 shares of the transportation company’s stock worth $14,086,000 after acquiring an additional 3,459 shares during the period. Finally, Voya Investment Management LLC lifted its holdings in Greenbrier Companies by 9.2% during the second quarter. Voya Investment Management LLC now owns 58,609 shares of the transportation company’s stock worth $2,711,000 after acquiring an additional 4,950 shares during the period.

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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.

Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

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