Insider Selling: The Greenbrier Companies, Inc. (NYSE:GBX) COO Sells 8,800 Shares of Stock

The Greenbrier Companies, Inc. (NYSE:GBX - Get Free Report) COO William J. Krueger sold 8,800 shares of the business's stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $52.87, for a total value of $465,256.00. Following the sale, the chief operating officer now owns 36,529 shares in the company, valued at $1,931,288.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Greenbrier Companies Price Performance

Greenbrier Companies stock traded down $1.00 on Friday, reaching $52.21. The company's stock had a trading volume of 357,289 shares, compared to its average volume of 342,829. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.86 and a current ratio of 1.73. The company has a market cap of $1.63 billion, a price-to-earnings ratio of 15.35, a PEG ratio of 1.85 and a beta of 1.66. The business's fifty day moving average price is $50.20 and its 200 day moving average price is $44.18. The Greenbrier Companies, Inc. has a twelve month low of $25.41 and a twelve month high of $58.00.

Greenbrier Companies (NYSE:GBX - Get Free Report) last posted its quarterly earnings data on Friday, April 5th. The transportation company reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.75 by $0.28. The company had revenue of $862.70 million for the quarter, compared to analyst estimates of $841.58 million. Greenbrier Companies had a return on equity of 9.05% and a net margin of 2.97%. The business's revenue was down 23.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.99 earnings per share. Equities analysts expect that The Greenbrier Companies, Inc. will post 4.13 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend is Monday, April 22nd. Greenbrier Companies's dividend payout ratio is currently 35.29%.

Hedge Funds Weigh In On Greenbrier Companies

A number of institutional investors and hedge funds have recently bought and sold shares of GBX. Gladius Capital Management LP acquired a new position in Greenbrier Companies in the third quarter worth $31,000. BluePath Capital Management LLC acquired a new position in shares of Greenbrier Companies during the third quarter valued at $32,000. Point72 Asset Management L.P. acquired a new position in shares of Greenbrier Companies during the second quarter valued at $32,000. Samalin Investment Counsel LLC acquired a new position in shares of Greenbrier Companies during the first quarter valued at $39,000. Finally, First Horizon Advisors Inc. lifted its stake in shares of Greenbrier Companies by 3,407.9% during the first quarter. First Horizon Advisors Inc. now owns 1,333 shares of the transportation company's stock valued at $43,000 after acquiring an additional 1,295 shares during the period. Institutional investors and hedge funds own 95.59% of the company's stock.

Wall Street Analysts Forecast Growth

GBX has been the topic of several recent analyst reports. Susquehanna boosted their price target on Greenbrier Companies from $56.00 to $63.00 and gave the company a "positive" rating in a research note on Tuesday. TD Cowen boosted their price target on Greenbrier Companies from $53.00 to $60.00 and gave the company a "buy" rating in a research note on Monday. TheStreet raised Greenbrier Companies from a "c+" rating to a "b" rating in a research note on Friday, January 5th. Finally, Stephens boosted their price target on Greenbrier Companies from $62.00 to $65.00 and gave the company an "overweight" rating in a research note on Monday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $54.00.

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.