Shares of Genesee & Wyoming Inc (NYSE:GWR) have earned a consensus rating of “Hold” from the thirteen analysts that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $83.63.
GWR has been the topic of a number of recent research reports. Stephens cut shares of Genesee & Wyoming from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $95.00 to $83.00 in a report on Thursday, January 3rd. Zacks Investment Research cut shares of Genesee & Wyoming from a “hold” rating to a “sell” rating in a report on Thursday, January 3rd. Morgan Stanley cut their target price on shares of Genesee & Wyoming from $73.00 to $70.00 and set an “underweight” rating on the stock in a report on Monday, January 7th. Finally, Cowen reissued an “outperform” rating and issued a $87.00 target price (down previously from $92.00) on shares of Genesee & Wyoming in a report on Thursday, February 7th.
Several institutional investors and hedge funds have recently added to or reduced their stakes in GWR. Quantamental Technologies LLC acquired a new position in shares of Genesee & Wyoming during the fourth quarter valued at approximately $89,000. Ancora Advisors LLC acquired a new position in shares of Genesee & Wyoming during the third quarter valued at approximately $100,000. Cadence Capital Management LLC acquired a new position in shares of Genesee & Wyoming during the third quarter valued at approximately $214,000. Oakbrook Investments LLC acquired a new position in shares of Genesee & Wyoming during the fourth quarter valued at approximately $244,000. Finally, Virtu Financial LLC acquired a new position in shares of Genesee & Wyoming during the third quarter valued at approximately $279,000. 96.38% of the stock is currently owned by institutional investors.
Shares of GWR stock traded down $0.12 during trading hours on Wednesday, hitting $85.74. 12,647 shares of the company were exchanged, compared to its average volume of 507,887. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.19 and a current ratio of 1.30. Genesee & Wyoming has a one year low of $67.61 and a one year high of $92.91. The stock has a market capitalization of $4.88 billion, a price-to-earnings ratio of 22.42, a PEG ratio of 1.51 and a beta of 1.58.
Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings results on Wednesday, February 6th. The transportation company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.89 by $0.11. Genesee & Wyoming had a net margin of 10.41% and a return on equity of 6.19%. The business had revenue of $575.60 million for the quarter, compared to analysts’ expectations of $570.71 million. During the same quarter last year, the company posted $0.77 earnings per share. The company’s quarterly revenue was up .7% compared to the same quarter last year. As a group, research analysts forecast that Genesee & Wyoming will post 4.4 EPS for the current year.
Genesee & Wyoming Company Profile
Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.
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