Greenbrier Companies (GBX) Cut to “Sell” at ValuEngine

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ValuEngine cut shares of Greenbrier Companies (NYSE:GBX) from a hold rating to a sell rating in a research report sent to investors on Thursday morning.

GBX has been the subject of a number of other research reports. Stifel Nicolaus set a $62.00 price objective on Greenbrier Companies and gave the company a buy rating in a report on Monday, October 29th. Zacks Investment Research cut Greenbrier Companies from a buy rating to a hold rating in a report on Tuesday, September 25th. Buckingham Research boosted their price objective on Greenbrier Companies from $55.00 to $56.00 and gave the company a neutral rating in a report on Monday, October 29th. KeyCorp boosted their price objective on Greenbrier Companies from $65.00 to $68.00 and gave the company an overweight rating in a report on Tuesday, September 25th. Finally, Wells Fargo & Co dropped their price objective on Greenbrier Companies from $55.00 to $52.00 and set a hold rating for the company in a report on Monday, October 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of $59.63.

Shares of Greenbrier Companies stock opened at $40.52 on Thursday. The company has a market capitalization of $1.31 billion, a PE ratio of 9.81, a P/E/G ratio of 0.98 and a beta of 1.84. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.76 and a quick ratio of 1.86. Greenbrier Companies has a one year low of $40.26 and a one year high of $64.87.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Friday, October 26th. The transportation company reported $0.80 EPS for the quarter, missing the Zacks’ consensus estimate of $1.03 by ($0.23). The company had revenue of $689.20 million during the quarter, compared to analysts’ expectations of $663.98 million. Greenbrier Companies had a return on equity of 10.07% and a net margin of 6.02%. Greenbrier Companies’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 EPS. As a group, research analysts forecast that Greenbrier Companies will post 4.34 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 5th. Investors of record on Wednesday, November 14th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date of this dividend was Tuesday, November 13th. Greenbrier Companies’s payout ratio is currently 24.21%.

In related news, EVP Mark J. Rittenbaum sold 9,954 shares of the business’s stock in a transaction on Thursday, November 8th. The stock was sold at an average price of $51.30, for a total transaction of $510,640.20. Following the completion of the transaction, the executive vice president now owns 64,137 shares in the company, valued at approximately $3,290,228.10. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.76% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of GBX. Dimensional Fund Advisors LP raised its position in Greenbrier Companies by 14.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,462,987 shares of the transportation company’s stock valued at $148,026,000 after purchasing an additional 303,419 shares in the last quarter. Matarin Capital Management LLC bought a new stake in Greenbrier Companies during the 3rd quarter valued at $17,418,000. Segall Bryant & Hamill LLC bought a new stake in Greenbrier Companies during the 2nd quarter valued at $11,501,000. Scopus Asset Management L.P. bought a new stake in Greenbrier Companies during the 2nd quarter valued at $9,071,000. Finally, Deutsche Bank AG raised its position in Greenbrier Companies by 121.2% during the 3rd quarter. Deutsche Bank AG now owns 232,628 shares of the transportation company’s stock valued at $13,978,000 after purchasing an additional 127,453 shares in 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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Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

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