Greenbrier Companies (NYSE:GBX) Stock Price Expected to Rise, Susquehanna Analyst Says

Greenbrier Companies (NYSE:GBX - Get Free Report) had its price objective lifted by stock analysts at Susquehanna from $52.00 to $57.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "positive" rating on the transportation company's stock. Susquehanna's price objective indicates a potential downside of 0.23% from the company's previous close.

Greenbrier Companies Stock Performance

Shares of GBX stock traded up $10.13 during trading hours on Wednesday, reaching $57.13. 2,442,796 shares of the company traded hands, compared to its average volume of 388,809. The firm has a 50-day moving average price of $45.13 and a 200 day moving average price of $52.97. The company has a market cap of $1.79 billion, a P/E ratio of 8.09, a P/E/G ratio of 1.90 and a beta of 1.71. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.50 and a quick ratio of 0.83. Greenbrier Companies has a 12-month low of $37.77 and a 12-month high of $71.06.

Greenbrier Companies (NYSE:GBX - Get Free Report) last released its earnings results on Tuesday, July 1st. The transportation company reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.87. The company had revenue of $842.70 million for the quarter, compared to analysts' expectations of $785.72 million. Greenbrier Companies had a net margin of 6.48% and a return on equity of 14.78%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.06 EPS. As a group, sell-side analysts predict that Greenbrier Companies will post 5.9 earnings per share for the current fiscal year.

Insider Activity at Greenbrier Companies

In related news, COO William J. Krueger sold 4,000 shares of the firm's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $48.00, for a total transaction of $192,000.00. Following the completion of the transaction, the chief operating officer directly owned 32,714 shares of the company's stock, valued at approximately $1,570,272. This trade represents a 10.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.78% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GBX. Quarry LP grew its stake in shares of Greenbrier Companies by 892.7% in the 4th quarter. Quarry LP now owns 407 shares of the transportation company's stock worth $25,000 after buying an additional 366 shares in the last quarter. Versant Capital Management Inc increased its stake in Greenbrier Companies by 44.7% in the 1st quarter. Versant Capital Management Inc now owns 690 shares of the transportation company's stock worth $35,000 after buying an additional 213 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Greenbrier Companies by 241.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 911 shares of the transportation company's stock worth $56,000 after acquiring an additional 644 shares during the period. Sterling Capital Management LLC raised its position in Greenbrier Companies by 812.3% during the 4th quarter. Sterling Capital Management LLC now owns 967 shares of the transportation company's stock valued at $59,000 after purchasing an additional 861 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Greenbrier Companies in the fourth quarter valued at about $65,000. Institutional investors own 95.59% of the company's stock.

Greenbrier Companies Company Profile

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; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.