Greenbrier Companies (GBX) – Analysts’ Recent Ratings Changes

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Greenbrier Companies (NYSE: GBX) has recently received a number of price target changes and ratings updates:

9/19/2016 – Greenbrier Companies had its “hold” rating reaffirmed by analysts at Wells Fargo & Co.. They now have a $31.00 price target on the stock.
9/19/2016 – Greenbrier Companies was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. In addition to manufacturing, they are engaged in complementary leasing and services activities. “
9/13/2016 – Greenbrier Companies was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. In addition to manufacturing, they are engaged in complementary leasing and services activities. “
9/6/2016 – Greenbrier Companies was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $38.00 price target on the stock. According to Zacks, “Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. In addition to manufacturing, they are engaged in complementary leasing and services activities. “
7/27/2016 – Greenbrier Companies had its “buy” rating reaffirmed by analysts at Standpoint Research.

Greenbrier Companies Inc. (NYSE:GBX) opened at 35.01 on Friday. Greenbrier Companies Inc. has a 12-month low of $19.89 and a 12-month high of $42.04. The firm has a 50 day moving average of $33.51 and a 200-day moving average of $30.11. The stock has a market cap of $987.42 million, a PE ratio of 5.23 and a beta of 2.66.
Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Wednesday, July 6th. The company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. The business had revenue of $612.90 million for the quarter. Greenbrier Companies had a net margin of 7.60% and a return on equity of 23.41%. Greenbrier Companies’s revenue was down 14.2% on a year-over-year basis. During the same period last year, the firm posted $1.49 earnings per share. On average, analysts expect that Greenbrier Companies Inc. will post $5.81 earnings per share for the current year.

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In related news, EVP Mark J. Rittenbaum sold 6,250 shares of the company’s stock in a transaction that occurred on Tuesday, August 23rd. The shares were sold at an average price of $34.75, for a total transaction of $217,187.50. Following the sale, the executive vice president now directly owns 89,107 shares of the company’s stock, valued at approximately $3,096,468.25. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Mark J. Rittenbaum sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 20th. The stock was sold at an average price of $32.20, for a total transaction of $161,000.00. Following the sale, the executive vice president now directly owns 95,357 shares in the company, valued at $3,070,495.40. The disclosure for this sale can be found here. 4.60% of the stock is currently owned by insiders.
The Greenbrier Companies, Inc (Greenbrier), formerly Greenbrier Co Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe, a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services, railcar refurbishment and parts, leasing and other services.

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