The Greenbrier Companies (NYSE:GBX) Releases Earnings Results

The Greenbrier Companies (NYSE:GBX) announced its quarterly earnings results on Monday. The transportation company reported ($0.28) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.09, reports. The Greenbrier Companies had a net margin of 1.29% and a return on equity of 3.12%. The firm had revenue of $295.60 million for the quarter, compared to analysts’ expectations of $375.64 million. During the same quarter in the previous year, the company posted $0.46 EPS. The company’s revenue was down 52.6% compared to the same quarter last year.

NYSE:GBX opened at $46.00 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 2.06 and a debt-to-equity ratio of 0.55. The stock’s fifty day moving average is $47.09 and its two-hundred day moving average is $37.42. The Greenbrier Companies has a 52 week low of $15.05 and a 52 week high of $50.21. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 48.94, a price-to-earnings-growth ratio of 11.48 and a beta of 1.63.

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 16th. Investors of record on Tuesday, January 26th were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, January 25th. This represents a $1.08 annualized dividend and a yield of 2.35%. The Greenbrier Companies’s dividend payout ratio (DPR) is presently 51.43%.

In related news, insider Brian J. Comstock sold 8,500 shares of the company’s stock in a transaction that occurred on Monday, February 8th. The shares were sold at an average price of $42.30, for a total transaction of $359,550.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Alejandro Centurion sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 10th. The stock was sold at an average price of $44.06, for a total transaction of $440,600.00. Following the sale, the executive vice president now owns 59,722 shares in the company, valued at $2,631,351.32. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 27,864 shares of company stock valued at $1,178,549. Company insiders own 2.74% of the company’s stock.

Several equities analysts have weighed in on the stock. Wells Fargo & Company upgraded shares of The Greenbrier Companies from an “underweight” rating to an “overweight” rating and set a $40.00 target price on the stock in a report on Monday, December 14th. Cowen upped their price objective on The Greenbrier Companies from $41.00 to $50.00 and gave the company an “outperform” rating in a report on Wednesday, February 17th. Finally, Zacks Investment Research raised The Greenbrier Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, March 2nd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The Greenbrier Companies presently has a consensus rating of “Buy” and an average target price of $33.50.

About The Greenbrier Companies

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels.

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Earnings History for The Greenbrier Companies (NYSE:GBX)

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