In yesterday’s Wall Street session, The Greenbrier Companies Inc. (NYSE:GBX) shares traded at $26.87, down -5.02% from the previous session.
As of this writing, 5 analysts cover The Greenbrier Companies Inc. (NYSE:GBX). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $47.00 and a low of $26.00, we find $37.00. Given the previous closing price of $28.29, this indicates a potential upside of 30.79 percent. GBX stock price is now -10.68% away from the 50-day moving average and -16.36% away from the 200-day moving average. The market capitalization of the company currently stands at $927.28M.
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There are 1 analysts who have given it a hold rating, whereas 3 have given it a buy rating. Brokers who have rated the stock have averaged $35.80 as their price target over the next twelve months.
On November 07, 2022, Susquehanna Downgraded its previous ‘Positive’ rating to ‘Neutral’ on the stock increasing its target price from $30 to quote $37, while ‘BofA Securities’ rates the stock as ‘Neutral’.
In other news, Swindells Charles J, Director sold 4,784 shares of the company’s stock on Nov 15. The stock was sold for $186,624 at an average price of $39.01. Upon completion of the transaction, the Director now directly owns 36,909 shares in the company, valued at $0.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 14, Director FURMAN WILLIAM A sold 30,000 shares of the business’s stock. A total of $1,158,333 was realized by selling the stock at an average price of $38.61. This leaves the insider owning 253,018 shares of the company worth $6.8 million. Insiders disposed of 543,854 shares of company stock worth roughly $14.61 million over the past 1 year. A total of 2.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in GBX stock. A new stake in The Greenbrier Companies Inc. shares was purchased by FISHER ASSET MANAGEMENT, LLC during the first quarter worth $17,007,000. D. E. SHAW & CO., INC. invested $2,752,000 in shares of GBX during the first quarter. In the first quarter, BECK BODE, LLC acquired a new stake in The Greenbrier Companies Inc. valued at approximately $2,102,000. ICON ADVISERS INC/CO acquired a new stake in GBX for approximately $1,935,000. ARROWSTREET CAPITAL, LIMITED PARTNERSHIP purchased a new stake in GBX valued at around $1,579,000 in the second quarter. In total, there are 265 active investors with 93.70% ownership of the company’s stock.
Friday morning saw The Greenbrier Companies Inc. (NYSE: GBX) opened at $27.75. During the past 12 months, The Greenbrier Companies Inc. has had a low of $23.80 and a high of $53.46. The fifty day moving average price for GBX is $29.93 and a two-hundred day moving average price translates $32.05 for the stock.
The latest earnings results from The Greenbrier Companies Inc. (NYSE: GBX) was released for Nov, 2022. According to the Railroads Company, earnings per share came in at $0.05, missing analysts’ expectations of $0.5 by -0.45. This compares to $0.17 EPS in the same period last year. The net profit margin was 0.60% and return on equity was 1.50% for GBX. The company reported revenue of $766.5 million for the quarter, compared to $550.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.19 percent. For the current quarter, analysts expect GBX to generate $782.27M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 02/16/2023. Investors who held shares on 01/26/2023 were paid a $0.27 dividend. On an annualized basis, this represents a $1.08 dividend and a 4.02% percent yield. There was an ex-dividend date of 01/25/2023 for this dividend. In terms of dividend payout ratio, GBX is presently at 180.80%.
The Greenbrier Companies Inc.(GBX) Company Profile
The Greenbrier Companies, Inc. designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, and center partition cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, intermodal cars, hoppers and automobile transporter cars; and marine vessels. The Maintenance Services segment provides wheel services, including reconditioning of wheels and axles, new axle machining and finishing, and downsizing; operates a railcar repair, refurbishment, and maintenance network; and reconditions and manufactures railcar cushioning units, couplers, yokes, side frames, bolsters, and various other parts, as well as produces roofs, doors, and associated parts for boxcars. The Leasing & Management Services segment offers operating leases and per diem leases for a fleet of approximately 12,200 railcars; and management services comprising railcar maintenance management, railcar accounting services, fleet management and logistics, administration, and railcar re-marketing. This segment provides management services to a fleet of approximately 408,000 railcars for railroads, shippers, carriers, institutional investors, and other leasing and transportation companies. It serves railroads, leasing companies, financial institutions, shippers, carriers, and transportation companies. The company was founded in 1974 and is headquartered in Lake Oswego, Oregon.
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