Equities research analysts expect that Genesee & Wyoming Inc (NYSE:GWR) will report sales of $521.47 million for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Genesee & Wyoming’s earnings, with the lowest sales estimate coming in at $511.8 million and the highest estimate coming in at $529.07 million. Genesee & Wyoming reported sales of $482.62 million in the same quarter last year, which would suggest a positive year over year growth rate of 8%. The company is expected to report its next quarterly earnings report before the market opens on Tuesday, May 2nd.

On average, analysts expect that Genesee & Wyoming will report full-year sales of $521.47 million for the current fiscal year, with estimates ranging from $2.15 billion to $2.19 billion. For the next year, analysts expect that the business will post sales of $2.28 billion per share, with estimates ranging from $2.23 billion to $2.32 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Genesee & Wyoming.

Genesee & Wyoming (NYSE:GWR) last issued its earnings results on Wednesday, February 8th. The transportation company reported $0.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.10. Genesee & Wyoming had a net margin of 7.05% and a return on equity of 7.45%. The company had revenue of $516.50 million for the quarter, compared to analysts’ expectations of $489.35 million. During the same quarter last year, the company posted $0.85 earnings per share. The firm’s quarterly revenue was up .3% on a year-over-year basis.

Several equities research analysts have issued reports on GWR shares. Cowen and Company boosted their price objective on shares of Genesee & Wyoming from $72.00 to $77.00 and gave the company an “outperform” rating in a research report on Thursday, February 9th. Royal Bank of Canada reissued a “hold” rating on shares of Genesee & Wyoming in a research report on Tuesday, April 11th. Wells Fargo & Co started coverage on shares of Genesee & Wyoming in a research report on Monday, March 13th. They issued a “market perform” rating for the company. Stifel Nicolaus reissued a “hold” rating and issued a $72.00 price objective on shares of Genesee & Wyoming in a research report on Thursday, February 9th. Finally, Credit Suisse Group AG reissued an “outperform” rating and issued a $85.00 price objective (up from $80.00) on shares of Genesee & Wyoming in a research report on Monday, March 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. Genesee & Wyoming has an average rating of “Hold” and an average price target of $74.29.

Shares of Genesee & Wyoming (NYSE:GWR) traded down 0.65% during midday trading on Friday, reaching $65.52. 455,005 shares of the company traded hands. The company has a 50 day moving average price of $68.56 and a 200 day moving average price of $71.43. Genesee & Wyoming has a 1-year low of $52.21 and a 1-year high of $80.73. The company has a market capitalization of $4.07 billion, a PE ratio of 27.07 and a beta of 1.57.

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In other news, Director Mortimer B. Fuller III sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 14th. The shares were sold at an average price of $74.42, for a total value of $297,680.00. Following the completion of the sale, the director now owns 25,950 shares of the company’s stock, valued at approximately $1,931,199. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John C. Hellmann sold 14,015 shares of the company’s stock in a transaction that occurred on Thursday, February 23rd. The stock was sold at an average price of $74.11, for a total transaction of $1,038,651.65. Following the completion of the sale, the insider now directly owns 358,460 shares of the company’s stock, valued at approximately $26,565,470.60. The disclosure for this sale can be found here. 3.80% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. raised its stake in shares of Genesee & Wyoming by 2.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 6,615 shares of the transportation company’s stock worth $459,000 after buying an additional 148 shares during the last quarter. Creative Planning raised its stake in shares of Genesee & Wyoming by 8.7% in the first quarter. Creative Planning now owns 2,262 shares of the transportation company’s stock worth $153,000 after buying an additional 181 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Genesee & Wyoming by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the transportation company’s stock worth $1,052,000 after buying an additional 200 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of Genesee & Wyoming by 0.7% in the third quarter. HighTower Advisors LLC now owns 30,984 shares of the transportation company’s stock worth $2,137,000 after buying an additional 205 shares during the last quarter. Finally, LS Investment Advisors LLC raised its stake in shares of Genesee & Wyoming by 6.6% in the third quarter. LS Investment Advisors LLC now owns 3,757 shares of the transportation company’s stock worth $259,000 after buying an additional 233 shares during the last quarter. 96.56% of the stock is owned by hedge funds and other institutional investors.

About Genesee & Wyoming

Genesee & Wyoming Inc owns and operates over 120 freight railroads across the world, which are organized in approximately 10 regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations. In the United States, the Company has over eight regions, such as Central, Coastal (which includes industrial switching and port operations), Midwest, Mountain West (which includes industrial switching operations), Northeast, Ohio Valley, Pacific and Southern.

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