Weiss Ratings Reiterates Hold (C+) Rating for Greenbrier Companies (NYSE:GBX)

Key Points

• Weiss Ratings has restated its "hold (C+)" rating for Greenbrier Companies (NYSE:GBX), amidst mixed analyst opinions, including one upgrade to a "strong-buy" and a revised price target of $57.00 from Susquehanna.
• Greenbrier Companies' stock opened at $45.55 and has seen a 1-year low of $37.77 and a high of $71.06, with current market capitalization at $1.41 billion.
• Recent insider transactions include Director Wanda F. Felton selling 3,652 shares and Director James R. Huffines purchasing 2,500 shares, reflecting notable fluctuations in insider ownership.

Greenbrier Companies (NYSE:GBX - Get Free Report)'s stock had its "hold (c+)" rating restated by equities research analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Several other analysts also recently weighed in on the company. Wall Street Zen upgraded Greenbrier Companies from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Susquehanna boosted their price objective on Greenbrier Companies from $52.00 to $57.00 and gave the company a "positive" rating in a research report on Wednesday, July 2nd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $59.50.

Greenbrier Companies Stock Performance

Shares of NYSE GBX opened at $45.55 on Wednesday. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 6.45, a P/E/G ratio of 1.49 and a beta of 1.76. The company has a current ratio of 1.48, a quick ratio of 0.82 and a debt-to-equity ratio of 0.83. Greenbrier Companies has a 1-year low of $37.77 and a 1-year high of $71.06. The stock's 50-day moving average is $46.05 and its 200 day moving average is $46.46.

Insider Buying and Selling

In related news, Director Wanda F. Felton sold 3,652 shares of Greenbrier Companies stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $54.31, for a total transaction of $198,340.12. Following the sale, the director directly owned 3,000 shares in the company, valued at $162,930. The trade was a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James R. Huffines purchased 2,500 shares of the company's stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average price of $44.84 per share, for a total transaction of $112,100.00. Following the completion of the transaction, the director directly owned 13,909 shares of the company's stock, valued at $623,679.56. This represents a 21.91% increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.78% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Evelyn Partners Asset Management Ltd purchased a new position in Greenbrier Companies during the second quarter valued at $47,000. NBC Securities Inc. raised its stake in Greenbrier Companies by 108,700.0% during the first quarter. NBC Securities Inc. now owns 1,088 shares of the transportation company's stock valued at $55,000 after buying an additional 1,087 shares during the last quarter. US Bancorp DE raised its stake in Greenbrier Companies by 111.1% during the first quarter. US Bancorp DE now owns 1,121 shares of the transportation company's stock valued at $57,000 after buying an additional 590 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Greenbrier Companies during the first quarter valued at $86,000. Finally, National Bank of Canada FI raised its stake in shares of Greenbrier Companies by 597.6% in the first quarter. National Bank of Canada FI now owns 2,044 shares of the transportation company's stock worth $105,000 after purchasing an additional 1,751 shares during the last quarter. Hedge funds and other institutional investors own 95.59% of the company's stock.

About 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; 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.

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