Greenbrier Companies (NYSE:GBX) Downgraded by Susquehanna to Neutral

Greenbrier Companies (NYSE:GBX) was downgraded by equities researchers at Susquehanna from a “positive” rating to a “neutral” rating in a report issued on Thursday, Marketbeat.com reports. They presently have a $52.00 target price on the transportation company’s stock. Susquehanna’s price target would indicate a potential upside of 8.13% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Weiss Ratings lowered Greenbrier Companies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Zacks Research raised shares of Greenbrier Companies from a “strong sell” rating to a “hold” rating in a research report on Monday, June 8th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $45.00.

Greenbrier Companies Trading Down 1.9%

Shares of NYSE GBX opened at $48.09 on Thursday. Greenbrier Companies has a 12-month low of $38.23 and a 12-month high of $59.19. The stock’s fifty day simple moving average is $48.65 and its two-hundred day simple moving average is $50.56. The stock has a market capitalization of $1.49 billion, a PE ratio of 10.39 and a beta of 1.43.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings results on Wednesday, July 1st. The transportation company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.57 by $0.03. The firm had revenue of $576.50 million during the quarter, compared to analyst estimates of $612.69 million. Greenbrier Companies had a return on equity of 8.94% and a net margin of 5.12%.The business’s revenue for the quarter was down 31.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.86 EPS. On average, equities analysts predict that Greenbrier Companies will post 3.2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Greenbrier Companies

Institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC lifted its position in Greenbrier Companies by 6.3% during the 1st quarter. Empowered Funds LLC now owns 115,698 shares of the transportation company’s stock worth $6,092,000 after acquiring an additional 6,904 shares during the period. Amundi lifted its holdings in Greenbrier Companies by 12.4% in the first quarter. Amundi now owns 5,154 shares of the transportation company’s stock valued at $271,000 after acquiring an additional 567 shares during the period. California State Teachers Retirement System lifted its holdings in Greenbrier Companies by 30.3% in the first quarter. California State Teachers Retirement System now owns 37,385 shares of the transportation company’s stock valued at $1,968,000 after acquiring an additional 8,696 shares during the period. Quantinno Capital Management LP boosted its position in Greenbrier Companies by 359.1% in the 1st quarter. Quantinno Capital Management LP now owns 39,563 shares of the transportation company’s stock worth $2,083,000 after purchasing an additional 30,945 shares in the last quarter. Finally, SummitTX Capital L.P. purchased a new stake in Greenbrier Companies in the 1st quarter worth approximately $2,383,000. Institutional investors and hedge funds own 95.59% of the company’s stock.

About Greenbrier Companies

The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.

Greenbrier’s operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.