Greenbrier Companies Inc (NYSE:GBX) – Seaport Global Securities issued their Q1 2018 earnings estimates for shares of Greenbrier Companies in a report released on Thursday. Seaport Global Securities analyst W. Milby expects that the transportation company will post earnings per share of $0.86 for the quarter. Seaport Global Securities has a “Buy” rating and a $65.00 price target on the stock. Seaport Global Securities also issued estimates for Greenbrier Companies’ Q2 2018 earnings at $1.03 EPS, Q3 2018 earnings at $1.20 EPS, Q4 2018 earnings at $1.09 EPS, FY2018 earnings at $4.16 EPS, Q1 2019 earnings at $1.05 EPS, Q2 2019 earnings at $1.13 EPS, Q3 2019 earnings at $1.13 EPS, Q4 2019 earnings at $1.04 EPS and FY2019 earnings at $4.35 EPS.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.88 by $0.02. Greenbrier Companies had a net margin of 5.35% and a return on equity of 10.75%. The business had revenue of $559.50 million for the quarter, compared to analysts’ expectations of $591.05 million. During the same quarter last year, the company posted $0.79 earnings per share. The company’s quarterly revenue was up 1.3% compared to the same quarter last year.

Several other equities analysts have also recently commented on GBX. ValuEngine raised shares of Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Zacks Investment Research raised shares of Greenbrier Companies from a “hold” rating to a “strong-buy” rating and set a $58.00 price target on the stock in a research report on Friday, October 6th. Buckingham Research increased their price target on shares of Greenbrier Companies from $45.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, October 5th. Cowen reaffirmed an “outperform” rating and set a $58.00 price target (up previously from $57.00) on shares of Greenbrier Companies in a research report on Thursday, October 5th. Finally, KeyCorp reaffirmed a “buy” rating and set a $60.00 price target on shares of Greenbrier Companies in a research report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $59.00.

Greenbrier Companies (GBX) opened at $50.60 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.15 and a current ratio of 3.10. Greenbrier Companies has a 12-month low of $40.45 and a 12-month high of $54.45. The company has a market cap of $1,450.00, a PE ratio of 13.71, a PEG ratio of 1.34 and a beta of 1.95.

Hedge funds and other institutional investors have recently modified their holdings of the business. Riverhead Capital Management LLC lifted its holdings in Greenbrier Companies by 69.1% in the second quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock worth $102,000 after acquiring an additional 898 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in Greenbrier Companies by 872.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock worth $130,000 after acquiring an additional 2,529 shares during the last quarter. Macquarie Group Ltd. bought a new position in Greenbrier Companies in the third quarter worth about $265,000. Piedmont Investment Advisors LLC bought a new position in Greenbrier Companies in the second quarter worth about $284,000. Finally, Jennison Associates LLC bought a new position in Greenbrier Companies in the third quarter worth about $285,000.

In other Greenbrier Companies news, CEO William A. Furman sold 95,700 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $46.91, for a total value of $4,489,287.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO William A. Furman sold 117,652 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $46.91, for a total transaction of $5,519,055.32. The disclosure for this sale can be found here. Insiders sold 284,830 shares of company stock worth $13,596,712 in the last three months. 2.46% of the stock is currently owned by corporate insiders.

ILLEGAL ACTIVITY WARNING: This news story was reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://www.watchlistnews.com/q1-2018-earnings-forecast-for-greenbrier-companies-inc-gbx-issued-by-seaport-global-securities/1798328.html.

About Greenbrier Companies

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Earnings History and Estimates for Greenbrier Companies (NYSE:GBX)

Receive News & Ratings for Greenbrier Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greenbrier Companies and related companies with Analyst Ratings Network's FREE daily email newsletter.