Greenbrier Companies, Inc. (The) (NYSE:GBX) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

According to Zacks, “Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. In addition to manufacturing, they are engaged in complementary leasing and services activities. “

A number of other research analysts have also weighed in on the stock. BidaskClub raised shares of Greenbrier Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Buckingham Research began coverage on shares of Greenbrier Companies, Inc. (The) in a research report on Wednesday, June 21st. They set a “neutral” rating and a $45.00 price target on the stock. Cowen and Company raised their price target 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. Bank of America Corporation raised shares of Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and raised their price target for the company from $49.00 to $59.00 in a research report on Tuesday, July 4th. Finally, 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. Five investment analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Greenbrier Companies, Inc. (The) currently has a consensus rating of “Hold” and a consensus target price of $44.88.

Shares of Greenbrier Companies, Inc. (NYSE:GBX) opened at 42.70 on Friday. Greenbrier Companies, Inc. has a one year low of $28.95 and a one year high of $51.25. The company has a market capitalization of $1.22 billion, a PE ratio of 10.77 and a beta of 1.91. The stock has a 50 day moving average of $44.07 and a 200-day moving average of $44.46.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last issued its quarterly earnings data on Thursday, June 29th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.21. The firm had revenue of $439.20 million during the quarter, compared to analysts’ expectations of $516.17 million. Greenbrier Companies, Inc. (The) had a net margin of 5.85% and a return on equity of 11.74%. The business’s revenue was down 28.3% on a year-over-year basis. During the same period last year, the company earned $1.12 earnings per share. On average, equities analysts forecast that Greenbrier Companies, Inc. will post $3.54 earnings per share for the current fiscal year.

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In other Greenbrier Companies, Inc. (The) news, VP Anne Manning sold 6,000 shares of Greenbrier Companies, Inc. (The) stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $46.55, for a total value of $279,300.00. Following the sale, the vice president now owns 11,939 shares of the company’s stock, valued at $555,760.45. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 directly owns 17,583 shares in the company, valued at approximately $761,343.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,000 shares of company stock worth $538,350. Insiders own 4.60% of the company’s stock.

A number of hedge funds have recently made changes to their positions in GBX. Ameritas Investment Partners Inc. bought a new stake in Greenbrier Companies, Inc. (The) in the first quarter worth about $101,000. Riverhead Capital Management LLC raised its position in 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 worth $102,000 after acquiring an additional 898 shares during the period. Tower Research Capital LLC TRC raised its position in Greenbrier Companies, Inc. (The) by 872.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock worth $130,000 after acquiring an additional 2,529 shares during the period. Stifel Financial Corp bought a new stake in Greenbrier Companies, Inc. (The) in the first quarter worth about $202,000. Finally, Cim Investment Mangement Inc. bought a new stake in Greenbrier Companies, Inc. (The) in the first quarter worth about $204,000.

Greenbrier Companies, Inc. (The) Company Profile

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.

Analyst Recommendations for Greenbrier Companies, Inc. (The) (NYSE:GBX)

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