Equities analysts predict that Greenbrier Companies, Inc. (The) (NYSE:GBX) will post sales of $638.03 million for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Greenbrier Companies, Inc. (The)’s earnings, with the highest sales estimate coming in at $669.30 million and the lowest estimate coming in at $606.70 million. Greenbrier Companies, Inc. (The) reported sales of $595.19 million during the same quarter last year, which indicates a positive year-over-year growth rate of 7.2%. The business is scheduled to issue its next quarterly earnings results on Tuesday, October 24th.

On average, analysts expect that Greenbrier Companies, Inc. (The) will report full year sales of $638.03 million for the current financial year, with estimates ranging from $2.16 billion to $2.23 billion. For the next fiscal year, analysts anticipate that the company will report sales of $2.29 billion per share, with estimates ranging from $2.11 billion to $2.63 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow Greenbrier Companies, Inc. (The).

Greenbrier Companies, Inc. (The) (NYSE:GBX) last posted its quarterly earnings results on Thursday, June 29th. The transportation company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.82 by $0.21. Greenbrier Companies, Inc. (The) had a net margin of 5.85% and a return on equity of 11.74%. The business had revenue of $439.20 million for the quarter, compared to analysts’ expectations of $516.17 million. During the same period in the previous year, the company posted $1.12 EPS. Greenbrier Companies, Inc. (The)’s revenue was down 28.3% on a year-over-year basis.

GBX has been the subject of a number of analyst reports. BidaskClub downgraded shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. ValuEngine raised shares of Greenbrier Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Stifel Nicolaus raised shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and raised their target price for the company from $48.00 to $51.00 in a research report on Monday, July 17th. Bank of America Corporation raised shares of Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and raised their target price for the company from $49.00 to $59.00 in a research report on Tuesday, July 4th. Finally, Cowen and Company raised their target price on shares of Greenbrier Companies, Inc. (The) from $50.00 to $57.00 and gave the company an “outperform” rating in a research report on Tuesday, July 4th. Five research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Greenbrier Companies, Inc. (The) currently has a consensus rating of “Hold” and a consensus price target of $45.28.

Greenbrier Companies, Inc. (NYSE GBX) traded down 0.22% during trading on Friday, hitting $45.95. 50,948 shares of the stock traded hands. The company has a market capitalization of $1.31 billion, a P/E ratio of 11.59 and a beta of 1.86. Greenbrier Companies, Inc. has a one year low of $28.95 and a one year high of $51.25. The company’s 50 day moving average is $45.29 and its 200 day moving average is $44.69.

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 8th. Stockholders of record on Tuesday, July 18th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend was Friday, July 14th. Greenbrier Companies, Inc. (The)’s dividend payout ratio is presently 22.17%.

In other Greenbrier Companies, Inc. (The) news, EVP Mark J. Rittenbaum sold 2,100 shares of Greenbrier Companies, Inc. (The) stock in a transaction dated Friday, May 26th. The shares were sold at an average price of $44.75, for a total value of $93,975.00. Following the completion of the sale, the executive vice president now owns 63,827 shares in the company, valued at approximately $2,856,258.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Alejandro Centurion sold 3,000 shares of Greenbrier Companies, Inc. (The) stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of $43.30, for a total transaction of $129,900.00. Following the completion of the sale, the executive vice president now owns 17,583 shares of the company’s stock, valued at approximately $761,343.90. The disclosure for this sale can be found here. Insiders sold a total of 8,100 shares of company stock valued at $353,025 in the last quarter. Corporate insiders own 4.60% of the company’s stock.

A number of hedge funds have recently modified their holdings of the company. Ameritas Investment Partners Inc. acquired a new stake in shares of Greenbrier Companies, Inc. (The) during the first quarter valued at $101,000. Riverhead Capital Management LLC boosted its stake in shares of Greenbrier Companies, Inc. (The) by 69.1% in the second quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock valued at $102,000 after buying an additional 898 shares during the period. State of Alaska Department of Revenue boosted its stake in shares of Greenbrier Companies, Inc. (The) by 2.6% in the first quarter. State of Alaska Department of Revenue now owns 3,130 shares of the transportation company’s stock valued at $134,000 after buying an additional 80 shares during the period. Stifel Financial Corp acquired a new stake in shares of Greenbrier Companies, Inc. (The) during the first quarter valued at $202,000. Finally, Cim Investment Mangement Inc. acquired a new stake in shares of Greenbrier Companies, Inc. (The) during the first quarter valued at $204,000.

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About Greenbrier Companies, Inc. (The)

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

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