Greenbrier Companies (NYSE:GBX) Rating Increased to Hold at Zacks Research

Greenbrier Companies (NYSE:GBX) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Other analysts have also issued reports about the stock. The Goldman Sachs Group assumed coverage on shares of Greenbrier Companies in a research note on Friday, November 21st. They set a “sell” rating and a $38.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Greenbrier Companies in a report on Wednesday, October 8th. Susquehanna dropped their price objective on Greenbrier Companies from $57.00 to $52.00 and set a “positive” rating on the stock in a research report on Wednesday, October 29th. Finally, Wall Street Zen lowered Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $50.67.

Greenbrier Companies Stock Up 1.5%

Shares of Greenbrier Companies stock opened at $47.24 on Monday. Greenbrier Companies has a 1 year low of $37.77 and a 1 year high of $71.06. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 7.50, a PEG ratio of 2.02 and a beta of 1.68. The company has a 50-day moving average of $44.66 and a 200 day moving average of $46.28. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.43 and a quick ratio of 1.38.

Greenbrier Companies (NYSE:GBX) last released its earnings results on Wednesday, May 31st. The transportation company reported $0.05 EPS for the quarter. The business had revenue of $766.50 million for the quarter. Greenbrier Companies had a return on equity of 12.90% and a net margin of 6.30%. As a group, sell-side analysts anticipate that Greenbrier Companies will post 5.9 earnings per share for the current fiscal year.

Institutional Trading of Greenbrier Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Evelyn Partners Asset Management Ltd purchased a new position in shares of Greenbrier Companies during the 2nd quarter valued at about $47,000. Quarry LP raised its stake in Greenbrier Companies by 6,900.0% during 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 position in Greenbrier Companies during the third quarter valued at approximately $58,000. Tower Research Capital LLC TRC boosted its position in shares of Greenbrier Companies by 282.4% in the second quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the transportation company’s stock worth $140,000 after purchasing an additional 2,245 shares during the period. Finally, EMC Capital Management bought a new position in shares of Greenbrier Companies in the second quarter worth approximately $150,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

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.