Analysts forecast that Greenbrier Companies Inc (NYSE:GBX) will announce $858.55 million in sales for the current quarter, Zacks reports. Nine analysts have made estimates for Greenbrier Companies’ earnings, with the lowest sales estimate coming in at $804.65 million and the highest estimate coming in at $902.59 million. Greenbrier Companies reported sales of $641.39 million during the same quarter last year, which would suggest a positive year over year growth rate of 33.9%. The firm is expected to issue its next quarterly earnings results on Friday, July 5th.

According to Zacks, analysts expect that Greenbrier Companies will report full year sales of $3.20 billion for the current fiscal year, with estimates ranging from $3.11 billion to $3.36 billion. For the next fiscal year, analysts forecast that the firm will report sales of $3.11 billion, with estimates ranging from $2.84 billion to $3.25 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that cover Greenbrier Companies.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Friday, April 5th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.22. The business had revenue of $658.70 million for the quarter, compared to the consensus estimate of $649.42 million. Greenbrier Companies had a net margin of 3.26% and a return on equity of 6.81%. Greenbrier Companies’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the company posted $1.02 earnings per share.

Several equities research analysts have recently issued reports on the stock. Buckingham Research lowered their price objective on shares of Greenbrier Companies from $41.00 to $37.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 27th. Zacks Investment Research downgraded shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Monday, March 18th. Cowen restated a “buy” rating and issued a $49.00 price objective on shares of Greenbrier Companies in a research note on Wednesday, April 10th. Stifel Nicolaus set a $44.00 price objective on shares of Greenbrier Companies and gave the stock a “buy” rating in a research note on Monday, April 22nd. Finally, ValuEngine downgraded shares of Greenbrier Companies from a “sell” rating to a “strong sell” rating in a research note on Friday, February 22nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $47.00.

Shares of Greenbrier Companies stock traded up $0.09 during midday trading on Tuesday, hitting $29.42. The company had a trading volume of 289,984 shares, compared to its average volume of 490,854. The company has a market cap of $951.44 million, a price-to-earnings ratio of 7.12, a PEG ratio of 0.90 and a beta of 1.85. The company has a current ratio of 2.56, a quick ratio of 1.41 and a debt-to-equity ratio of 0.35. Greenbrier Companies has a 1-year low of $28.95 and a 1-year high of $64.87.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Wednesday, April 24th were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, April 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 3.40%. Greenbrier Companies’s dividend payout ratio is currently 24.21%.

In other Greenbrier Companies news, SVP Martin Raymond Baker sold 2,000 shares of Greenbrier Companies stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $35.53, for a total transaction of $71,060.00. Following the sale, the senior vice president now owns 26,284 shares in the company, valued at $933,870.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark J. Rittenbaum sold 7,603 shares of Greenbrier Companies stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $35.94, for a total transaction of $273,251.82. Following the sale, the executive vice president now owns 63,837 shares in the company, valued at approximately $2,294,301.78. The disclosure for this sale can be found here. 1.76% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of GBX. Teachers Advisors LLC boosted its stake in shares of Greenbrier Companies by 21.8% in the 3rd quarter. Teachers Advisors LLC now owns 69,023 shares of the transportation company’s stock valued at $4,148,000 after purchasing an additional 12,345 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in Greenbrier Companies by 3.8% during the 4th quarter. State of Alaska Department of Revenue now owns 10,816 shares of the transportation company’s stock worth $427,000 after purchasing an additional 393 shares during the last quarter. Flagship Harbor Advisors LLC raised its holdings in Greenbrier Companies by 160.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 650 shares of the transportation company’s stock worth $25,000 after purchasing an additional 400 shares during the last quarter. Quantamental Technologies LLC bought a new stake in Greenbrier Companies during the 4th quarter worth about $255,000. Finally, New York State Teachers Retirement System raised its holdings in Greenbrier Companies by 3.5% during the 4th quarter. New York State Teachers Retirement System now owns 21,051 shares of the transportation company’s stock worth $832,000 after purchasing an additional 717 shares during 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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Earnings History and Estimates for Greenbrier Companies (NYSE:GBX)

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