Recent Research Analysts’ Ratings Changes for Genesee & Wyoming (GWR)

A number of firms have modified their ratings and price targets on shares of Genesee & Wyoming (NYSE: GWR) recently:

  • 8/9/2018 – Genesee & Wyoming was downgraded by analysts at Bank of America Corp from a “buy” rating to a “neutral” rating. They now have a $94.00 price target on the stock, up previously from $90.00.
  • 8/8/2018 – Genesee & Wyoming was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Genesee & Wyoming reported better-than-expected earnings and revenues in the second quarter of 2018. Moreover, both the measures improved substantially year over year. A low effective tax rate aided results. The company's outlook for 2018 is encouraging. Genesee & Wyoming expects 2018 adjusted earnings per share between $3.80 and $3.90, much higher than $2.91 reported in 2017. Additionally, its efforts to reward shareholders are impressive. To this end, the company initiated a repurchase program worth $300 million, expected to be completed by the year end. However, increased costs are likely to dampen bottom-line growth going forward. For instance, the company incurred $9.4 million of restructuring charges in the second quarter pertaining to the U.K. optimization program. Moreover, capital expenses in 2018 are anticipated to be much higher in 2018, than that in 2017.”
  • 8/6/2018 – Genesee & Wyoming was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $99.00 price target on the stock. According to Zacks, “Genesee & Wyoming reported better-than-expected earnings and revenues in the second quarter of 2018. Moreover, both the measures improved substantially year over year. A low effective tax rate aided results. The company's outlook for 2018 is encouraging. Genesee & Wyoming expects 2018 adjusted earnings per share between $3.80 and $3.90, much higher than $2.91 reported in 2017. Additionally, its efforts to reward shareholders are impressive. To this end, the company initiated a repurchase program worth $300 million, expected to be completed by the year end. The positivity revolving around the stock is evident from the Zacks Consensus Estimate for current-quarter earnings being revised 0.9% north in the last seven days. However, increased costs are likely to dampen bottom-line growth going forward.”
  • 8/1/2018 – Genesee & Wyoming was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Genesee & Wyoming reported better-than-expected earnings and revenues in the second quarter of 2018. Moreover, both the measures improved substantially year over year. A low effective tax rate aided results. The company's outlook for 2018 is encouraging. Additionally, its efforts to reward shareholders are impressive. To this end, the company initiated a repurchase program worth $300 million, expected to be completed by the year end. However, increased costs are likely to dampen bottom-line growth going forward. The company incurred $9.4 million of restructuring charges in the second quarter pertaining to the U.K. optimization program. Also, the company's operating expenses increased 11.6% in the quarter mainly owing to higher labor-related costs.”
  • 7/30/2018 – Genesee & Wyoming had its price target raised by analysts at Raymond James from $90.00 to $96.00. They now have a “strong-buy” rating on the stock.
  • 7/30/2018 – Genesee & Wyoming had its price target raised by analysts at Cowen Inc from $77.00 to $92.00. They now have an “outperform” rating on the stock.
  • 7/30/2018 – Genesee & Wyoming was downgraded by analysts at Wolfe Research from an “outperform” rating to a “market perform” rating.
  • 7/30/2018 – Genesee & Wyoming was given a new $96.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 7/30/2018 – Genesee & Wyoming had its price target raised by analysts at Citigroup Inc from $84.00 to $95.00. They now have a “buy” rating on the stock.
  • 7/24/2018 – Genesee & Wyoming was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $94.00 price target on the stock. According to Zacks, “We are initiating coverage on Genesee & Wyoming. We expect the company’s second-quarter 2018 results to be aided by volume growth at all its segments and favorable pricing in North America. Moreover, lower effective tax rate should boost the bottom line. Detailed results should be out on Jul 27. We are also impressed by the company’s efforts to reward shareholders apart from promoting safety. Additionally, the company’s growth-by-acquisition policy is encouraging and has augmented its top line by expanding the product portfolio significantly. However, increased costs are likely to dampen bottom-line growth going forward. For instance, capital expenditures in 2018 are anticipated to be 20.8% higher than the 2017 figure. Also, the decline in traffic at Genesee & Wyoming is concerning.”
  • 7/20/2018 – Genesee & Wyoming was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Genesee & Wyoming Inc. (G&W) is unique in the rail-freight industry. G&W owns and operates short line and regional freight railroads and provides related rail services. The company’s railroads offer a short line’s customer focus and entrepreneurial spirit on a global scale, investing in long-term relationships with customers in North America, Australia, Europe and elsewhere. Genesee & Wyoming Inc. operates in three business segments in two geographic areas: North America Railroad Operations, Australian Railroad Operations, and Industrial Switching. It has grown to be a leading owner and operator of short line and regional freight railroads serving customers in five countries. “
  • 7/17/2018 – Genesee & Wyoming was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $91.00 price target on the stock. According to Zacks, “Genesee & Wyoming Inc. (G&W) is unique in the rail-freight industry. G&W owns and operates short line and regional freight railroads and provides related rail services. The company’s railroads offer a short line’s customer focus and entrepreneurial spirit on a global scale, investing in long-term relationships with customers in North America, Australia, Europe and elsewhere. Genesee & Wyoming Inc. operates in three business segments in two geographic areas: North America Railroad Operations, Australian Railroad Operations, and Industrial Switching. It has grown to be a leading owner and operator of short line and regional freight railroads serving customers in five countries. “
  • 7/7/2018 – Genesee & Wyoming was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Genesee & Wyoming Inc. (G&W) is unique in the rail-freight industry. G&W owns and operates short line and regional freight railroads and provides related rail services. The company’s railroads offer a short line’s customer focus and entrepreneurial spirit on a global scale, investing in long-term relationships with customers in North America, Australia, Europe and elsewhere. Genesee & Wyoming Inc. operates in three business segments in two geographic areas: North America Railroad Operations, Australian Railroad Operations, and Industrial Switching. It has grown to be a leading owner and operator of short line and regional freight railroads serving customers in five countries. “
  • 7/5/2018 – Genesee & Wyoming was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $91.00 price target on the stock. According to Zacks, “Genesee & Wyoming Inc. (G&W) is unique in the rail-freight industry. G&W owns and operates short line and regional freight railroads and provides related rail services. The company’s railroads offer a short line’s customer focus and entrepreneurial spirit on a global scale, investing in long-term relationships with customers in North America, Australia, Europe and elsewhere. Genesee & Wyoming Inc. operates in three business segments in two geographic areas: North America Railroad Operations, Australian Railroad Operations, and Industrial Switching. It has grown to be a leading owner and operator of short line and regional freight railroads serving customers in five countries. “

NYSE:GWR opened at $87.36 on Friday. Genesee & Wyoming Inc has a twelve month low of $64.31 and a twelve month high of $89.71. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of 30.02, a price-to-earnings-growth ratio of 1.29 and a beta of 1.73. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.26 and a current ratio of 1.38.

Genesee & Wyoming (NYSE:GWR) last released its quarterly earnings results on Friday, July 27th. The transportation company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.02. The firm had revenue of $595.00 million for the quarter, compared to analysts’ expectations of $592.93 million. Genesee & Wyoming had a return on equity of 5.32% and a net margin of 25.71%. The company’s revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.80 EPS. research analysts expect that Genesee & Wyoming Inc will post 3.87 earnings per share for the current fiscal year.

In other news, insider Christopher F. Liucci sold 1,000 shares of the stock in a transaction dated Thursday, June 7th. The stock was sold at an average price of $79.11, for a total transaction of $79,110.00. Following the transaction, the insider now directly owns 20,189 shares in the company, valued at approximately $1,597,151.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Timothy J. Gallagher sold 4,116 shares of the stock in a transaction dated Tuesday, August 14th. The shares were sold at an average price of $88.00, for a total value of $362,208.00. The disclosure for this sale can be found here. Insiders have sold a total of 10,538 shares of company stock worth $913,530 over the last quarter. Corporate insiders own 2.41% of the company’s stock.

Several institutional investors have recently made changes to their positions in GWR. First Wilshire Securities Management Inc. bought a new position in shares of Genesee & Wyoming during the 2nd quarter valued at about $203,000. Wedgewood Investors Inc. PA bought a new position in shares of Genesee & Wyoming during the 2nd quarter valued at about $220,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of Genesee & Wyoming during the 2nd quarter valued at about $258,000. A.R.T. Advisors LLC bought a new position in shares of Genesee & Wyoming during the 1st quarter valued at about $269,000. Finally, Sawtooth Solutions LLC bought a new position in shares of Genesee & Wyoming during the 2nd quarter valued at about $270,000. Hedge funds and other institutional investors own 95.84% of the company’s stock.

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

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