Genesee & Wyoming (NYSE:GWR) had its price objective reduced by Morgan Stanley from $73.00 to $70.00 in a report released on Monday morning. They currently have an underweight rating on the transportation company’s stock.

Several other analysts have also recently weighed in on GWR. Zacks Investment Research cut shares of Genesee & Wyoming from a hold rating to a sell rating in a research note on Thursday, January 3rd. Stephens cut shares of Genesee & Wyoming from an overweight rating to an equal weight rating and dropped their price objective for the stock from $95.00 to $83.00 in a research note on Thursday, January 3rd. Stifel Nicolaus set a $93.00 target price on shares of Genesee & Wyoming and gave the company a buy rating in a report on Thursday, November 1st. Credit Suisse Group lowered shares of Genesee & Wyoming from an outperform rating to an underperform rating and decreased their target price for the company from $90.00 to $71.00 in a report on Friday, November 2nd. Finally, Cowen reissued a buy rating and issued a $92.00 target price on shares of Genesee & Wyoming in a report on Wednesday, October 31st. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $86.60.

Shares of Genesee & Wyoming stock opened at $77.05 on Monday. Genesee & Wyoming has a twelve month low of $67.61 and a twelve month high of $92.91. The company has a quick ratio of 1.22, a current ratio of 1.33 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of 26.48, a price-to-earnings-growth ratio of 0.93 and a beta of 1.66.

Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings data on Tuesday, October 30th. The transportation company reported $1.23 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.07. Genesee & Wyoming had a net margin of 26.25% and a return on equity of 5.81%. The business had revenue of $603.30 million during the quarter, compared to analysts’ expectations of $594.40 million. During the same quarter in the previous year, the company earned $0.81 EPS. The business’s revenue was up 4.6% on a year-over-year basis. As a group, equities research analysts expect that Genesee & Wyoming will post 3.76 EPS for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in the business. Ancora Advisors LLC bought a new stake in shares of Genesee & Wyoming during the 3rd quarter valued at approximately $100,000. FCA Corp TX bought a new stake in shares of Genesee & Wyoming during the 3rd quarter valued at approximately $205,000. Cadence Capital Management LLC bought a new stake in shares of Genesee & Wyoming during the 3rd quarter valued at approximately $214,000. First Wilshire Securities Management Inc. bought a new stake in shares of Genesee & Wyoming during the 2nd quarter valued at approximately $203,000. Finally, Virtu Financial LLC bought a new stake in shares of Genesee & Wyoming during the 3rd quarter valued at approximately $279,000. 93.11% of the stock is currently owned by hedge funds and other institutional investors.

About Genesee & Wyoming

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

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Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

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