Greenbrier Companies (NYSE:GBX) Shares Cross Above 200-Day Moving Average - Here's What Happened

Key Points

• Shares recently crossed above their 200-day moving average (200‑day MA $49.15), trading as high as $49.78 and last at $49.075 on volume of about 263,044 shares.
• The company missed quarterly estimates — EPS $0.47 versus $0.82 expected and revenue $587.5M versus $667.0M expected, with revenue down 22.9% year‑over‑year.
• Analyst sentiment is mixed: Susquehanna raised its price target to $60 and rated the stock “positive,” but MarketBeat shows a consensus of "Reduce" with an average target of $49.00 (1 Buy, 1 Hold, 2 Sell).

Greenbrier Companies, Inc. (The) (NYSE:GBX - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $49.15 and traded as high as $49.78. Greenbrier Companies shares last traded at $49.0750, with a volume of 263,044 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on GBX shares. Susquehanna raised their price objective on shares of Greenbrier Companies from $52.00 to $60.00 and gave the stock a "positive" rating in a research note on Monday, January 26th. Weiss Ratings reissued a "hold (c+)" rating on shares of Greenbrier Companies in a research note on Tuesday, April 21st. Finally, Zacks Research cut shares of Greenbrier Companies from a "hold" rating to a "strong sell" rating in a research note on Thursday, April 9th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus price target of $49.00.

Greenbrier Companies Trading Down 0.4%

The stock's 50 day moving average price is $52.96 and its two-hundred day moving average price is $49.15. The firm has a market capitalization of $1.52 billion, a PE ratio of 10.60, a PEG ratio of 2.84 and a beta of 1.62.

Greenbrier Companies (NYSE:GBX - Get Free Report) last issued its quarterly earnings data on Tuesday, April 7th. The transportation company reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by ($0.35). Greenbrier Companies had a return on equity of 8.94% and a net margin of 5.12%.The business had revenue of $587.50 million for the quarter, compared to analysts' expectations of $667.02 million. During the same period last year, the business earned $1.56 earnings per share. The company's revenue for the quarter was down 22.9% on a year-over-year basis. Analysts expect that Greenbrier Companies, Inc. will post 3.2 earnings per share for the current year.

Greenbrier Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 11th. Shareholders of record on Monday, April 20th will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, April 20th. This is an increase from Greenbrier Companies's previous quarterly dividend of $0.32. Greenbrier Companies's dividend payout ratio is presently 29.37%.

Insider Buying and Selling

In other Greenbrier Companies news, COO William J. Krueger sold 6,000 shares of Greenbrier Companies stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $50.00, for a total value of $300,000.00. Following the completion of the sale, the chief operating officer directly owned 59,262 shares of the company's stock, valued at approximately $2,963,100. The trade was a 9.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.71% of the company's stock.

Institutional Trading of Greenbrier Companies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Gen Wealth Partners Inc purchased a new stake in Greenbrier Companies in the 4th quarter worth approximately $38,000. Quarry LP grew its stake in Greenbrier Companies by 6,900.0% in the 3rd quarter. Quarry LP now owns 1,120 shares of the transportation company's stock worth $52,000 after acquiring an additional 1,104 shares during the period. State of Wyoming purchased a new stake in Greenbrier Companies in the 3rd quarter worth approximately $58,000. Danske Bank A S purchased a new stake in Greenbrier Companies in the 4th quarter worth approximately $61,000. Finally, Tower Research Capital LLC TRC grew its stake in Greenbrier Companies by 282.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the transportation company's stock worth $140,000 after acquiring an additional 2,245 shares during the period. 95.59% of the stock is owned by hedge funds and other institutional investors.

About Greenbrier Companies

The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.

Greenbrier's operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.

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