Stifel Nicolaus restated their hold rating on shares of Genesee & Wyoming, Inc. (NYSE:GWR) in a research report sent to investors on Wednesday. They currently have a $76.00 target price on the transportation company’s stock.

Other research analysts have also recently issued reports about the company. BidaskClub cut Genesee & Wyoming from a hold rating to a sell rating in a research note on Thursday, July 13th. Cowen and Company reissued a buy rating and set a $75.00 target price on shares of Genesee & Wyoming in a research note on Tuesday, July 11th. Morgan Stanley reissued an equal weight rating on shares of Genesee & Wyoming in a research note on Tuesday, July 11th. Finally, Zacks Investment Research raised Genesee & Wyoming from a hold rating to a buy rating and set a $76.00 target price for the company in a research note on Monday, July 17th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The company has an average rating of Hold and an average price target of $78.80.

Genesee & Wyoming (NYSE:GWR) opened at $73.20 on Wednesday. Genesee & Wyoming has a one year low of $61.44 and a one year high of $80.73. The company has a market capitalization of $4,563.00, a price-to-earnings ratio of 23.39, a P/E/G ratio of 3.80 and a beta of 1.78. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.69.

Genesee & Wyoming (NYSE:GWR) last released its earnings results on Tuesday, October 31st. The transportation company reported $0.81 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by ($0.02). Genesee & Wyoming had a return on equity of 5.80% and a net margin of 6.10%. The company had revenue of $576.90 million for the quarter, compared to analyst estimates of $573.60 million. During the same period in the previous year, the firm earned $0.95 earnings per share. The company’s revenue for the quarter was up 15.1% compared to the same quarter last year. analysts anticipate that Genesee & Wyoming will post 2.91 earnings per share for the current fiscal year.

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In other Genesee & Wyoming news, insider Christopher F. Liucci sold 1,401 shares of Genesee & Wyoming stock in a transaction dated Tuesday, August 29th. The stock was sold at an average price of $66.92, for a total transaction of $93,754.92. Following the completion of the sale, the insider now directly owns 22,982 shares of the company’s stock, valued at approximately $1,537,955.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Allison M. Fergus sold 2,546 shares of Genesee & Wyoming stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $66.16, for a total value of $168,443.36. The disclosure for this sale can be found here. Insiders have sold a total of 30,931 shares of company stock valued at $2,058,531 over the last ninety days. 3.45% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. lifted its holdings in Genesee & Wyoming by 8,807.0% during the 1st quarter. BlackRock Inc. now owns 5,029,165 shares of the transportation company’s stock worth $341,280,000 after buying an additional 4,972,702 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Genesee & Wyoming by 46.5% during the 2nd quarter. Wells Fargo & Company MN now owns 474,432 shares of the transportation company’s stock worth $32,446,000 after buying an additional 150,628 shares during the last quarter. Morgan Stanley lifted its holdings in Genesee & Wyoming by 9.2% during the 1st quarter. Morgan Stanley now owns 164,937 shares of the transportation company’s stock worth $11,192,000 after buying an additional 13,839 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in shares of Genesee & Wyoming by 10.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 240,855 shares of the transportation company’s stock valued at $16,473,000 after purchasing an additional 22,636 shares during the last quarter. Finally, NN Investment Partners Holdings N.V. lifted its holdings in shares of Genesee & Wyoming by 8.2% in the 2nd quarter. NN Investment Partners Holdings N.V. now owns 19,915 shares of the transportation company’s stock valued at $1,362,000 after purchasing an additional 1,515 shares during the last quarter. 95.92% of the stock is owned by institutional investors.

Genesee & Wyoming Company Profile

Genesee & Wyoming Inc owns and operates freight railroads across the world. As of December 31, 2016, the Company owned or leased 122 freight railroads worldwide that are organized in 10 operating regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations.

Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

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