Greenbrier Companies (NYSE:GBX) had its price objective trimmed by Bank of America from $56.00 to $47.00 in a report released on Thursday. The brokerage currently has a buy rating on the transportation company’s stock.

A number of other equities research analysts have also weighed in on GBX. KeyCorp boosted their target price on shares of Greenbrier Companies from $65.00 to $68.00 and gave the company an overweight rating in a research note on Tuesday, September 25th. Zacks Investment Research lowered shares of Greenbrier Companies from a buy rating to a hold rating in a research note on Tuesday, September 25th. ValuEngine lowered shares of Greenbrier Companies from a buy rating to a hold rating in a research note on Saturday, October 27th. UBS Group upgraded shares of Greenbrier Companies from a neutral rating to a positive rating in a research note on Monday, October 29th. Finally, Susquehanna Bancshares upgraded shares of Greenbrier Companies from a neutral rating to a positive rating in a research note on Monday, October 29th. One analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the stock. Greenbrier Companies has a consensus rating of Buy and an average target price of $54.50.

Shares of GBX opened at $39.54 on Thursday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 9.57, a P/E/G ratio of 0.95 and a beta of 1.88. The company has a quick ratio of 1.86, a current ratio of 2.76 and a debt-to-equity ratio of 0.35. Greenbrier Companies has a 1-year low of $37.44 and a 1-year high of $64.87.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Wednesday, January 9th. The transportation company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.06. The business had revenue of $604.50 million during the quarter, compared to analyst estimates of $559.43 million. Greenbrier Companies had a net margin of 5.60% and a return on equity of 8.87%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.83 EPS. Sell-side analysts expect that Greenbrier Companies will post 4.34 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 20th. Stockholders of record on Wednesday, January 30th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, January 29th. This represents a $1.00 annualized dividend and a dividend yield of 2.53%. Greenbrier Companies’s dividend payout ratio (DPR) is 24.21%.

In other news, EVP Mark J. Rittenbaum sold 9,954 shares of the company’s stock in a transaction on Thursday, November 8th. The stock was sold at an average price of $51.30, for a total value of $510,640.20. Following the completion of the sale, the executive vice president now directly owns 64,137 shares in the company, valued at approximately $3,290,228.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.76% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in shares of Greenbrier Companies by 14.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,462,987 shares of the transportation company’s stock worth $148,026,000 after purchasing an additional 303,419 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Greenbrier Companies by 7.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,116,198 shares of the transportation company’s stock worth $67,083,000 after purchasing an additional 75,936 shares in the last quarter. Northern Trust Corp increased its stake in shares of Greenbrier Companies by 5.1% in the 2nd quarter. Northern Trust Corp now owns 842,047 shares of the transportation company’s stock worth $44,418,000 after purchasing an additional 40,692 shares in the last quarter. Dalton Greiner Hartman Maher & Co. increased its stake in shares of Greenbrier Companies by 3.1% in the 3rd quarter. Dalton Greiner Hartman Maher & Co. now owns 714,564 shares of the transportation company’s stock worth $42,945,000 after purchasing an additional 21,555 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of Greenbrier Companies by 1.1% in the 3rd quarter. Victory Capital Management Inc. now owns 571,039 shares of the transportation company’s stock worth $34,320,000 after purchasing an additional 6,182 shares in the last quarter.

Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.

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Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

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