The Greenbrier Companies, Inc. (NYSE:GBX – Get Free Report) COO William J. Krueger sold 2,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $63.21, for a total value of $126,420.00. Following the completion of the sale, the chief operating officer now directly owns 42,714 shares of the company’s stock, valued at approximately $2,699,951.94. This represents a 4.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Greenbrier Companies Stock Up 2.5 %
Shares of Greenbrier Companies stock traded up $1.59 during midday trading on Tuesday, reaching $64.51. 280,211 shares of the company’s stock traded hands, compared to its average volume of 441,901. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 11.26, a price-to-earnings-growth ratio of 0.96 and a beta of 1.52. The Greenbrier Companies, Inc. has a 52 week low of $41.40 and a 52 week high of $71.06. The company’s 50 day simple moving average is $65.34 and its 200 day simple moving average is $56.91. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.84 and a current ratio of 1.53.
Greenbrier Companies (NYSE:GBX – Get Free Report) last announced its quarterly earnings results on Wednesday, January 8th. The transportation company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.56. The company had revenue of $875.90 million during the quarter, compared to analysts’ expectations of $849.51 million. Greenbrier Companies had a return on equity of 12.10% and a net margin of 5.10%. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.96 earnings per share. Equities analysts expect that The Greenbrier Companies, Inc. will post 5.9 earnings per share for the current fiscal year.
Greenbrier Companies Dividend Announcement
Analyst Upgrades and Downgrades
Several research firms recently commented on GBX. Bank of America raised their price target on shares of Greenbrier Companies from $60.00 to $62.00 and gave the stock an “underperform” rating in a report on Thursday, January 9th. Susquehanna lifted their target price on shares of Greenbrier Companies from $63.00 to $65.00 and gave the company a “positive” rating in a research note on Monday, October 21st. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Greenbrier Companies has an average rating of “Hold” and an average price target of $63.00.
Get Our Latest Research Report on GBX
Institutional Trading of Greenbrier Companies
A number of institutional investors and hedge funds have recently modified their holdings of GBX. R Squared Ltd bought a new position in Greenbrier Companies in the 4th quarter worth $26,000. GAMMA Investing LLC increased its stake in shares of Greenbrier Companies by 60.9% in the third quarter. GAMMA Investing LLC now owns 547 shares of the transportation company’s stock worth $28,000 after purchasing an additional 207 shares during the period. Gladius Capital Management LP acquired a new position in shares of Greenbrier Companies during the 3rd quarter worth about $32,000. NBC Securities Inc. bought a new stake in Greenbrier Companies during the 3rd quarter valued at approximately $55,000. Finally, KBC Group NV grew its holdings in Greenbrier Companies by 57.8% in the 4th quarter. KBC Group NV now owns 1,466 shares of the transportation company’s stock valued at $89,000 after buying an additional 537 shares during the last quarter. 95.59% of the stock is currently owned by institutional investors and hedge funds.
About Greenbrier Companies
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 covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.
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