Genesee & Wyoming (NYSE:GWR) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday.

According to Zacks, “Genesee & Wyoming Inc. (G&W) is unique in the rail-freight industry. G&W owns and operates short line and regional freight railroads and provides related rail services. The company’s railroads offer a short line’s customer focus and entrepreneurial spirit on a global scale, investing in long-term relationships with customers in North America, Australia, Europe and elsewhere. Genesee & Wyoming Inc. operates in three business segments in two geographic areas: North America Railroad Operations, Australian Railroad Operations, and Industrial Switching. It has grown to be a leading owner and operator of short line and regional freight railroads serving customers in five countries. “

Several other analysts have also issued reports on the stock. Bank of America decreased their price target on shares of Genesee & Wyoming from $89.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday. Citigroup decreased their price target on shares of Genesee & Wyoming from $97.00 to $84.00 and set a “buy” rating on the stock in a research report on Friday. JPMorgan Chase & Co. began coverage on shares of Genesee & Wyoming in a research report on Tuesday, January 9th. They issued an “overweight” rating on the stock. TheStreet upgraded shares of Genesee & Wyoming from a “c+” rating to a “b-” rating in a research report on Tuesday, December 19th. Finally, Cowen restated a “buy” rating and issued a $81.00 price target on shares of Genesee & Wyoming in a research report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $82.67.

Shares of Genesee & Wyoming (GWR) traded up $0.60 on Friday, reaching $69.59. 854,895 shares of the company traded hands, compared to its average volume of 356,983. The company has a market cap of $4,340.00, a P/E ratio of 7.94, a PEG ratio of 2.14 and a beta of 1.71. Genesee & Wyoming has a 12-month low of $61.44 and a 12-month high of $84.40. The company has a quick ratio of 1.18, a current ratio of 1.30 and a debt-to-equity ratio of 0.69.

Genesee & Wyoming (NYSE:GWR) last announced its earnings results on Thursday, February 8th. The transportation company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.75 by $0.02. The firm had revenue of $571.60 million for the quarter, compared to the consensus estimate of $566.73 million. Genesee & Wyoming had a net margin of 6.10% and a return on equity of 5.80%. The business’s quarterly revenue was up 10.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.99 EPS. equities research analysts forecast that Genesee & Wyoming will post 2.89 EPS for the current year.

In other Genesee & Wyoming news, insider John C. Hellmann sold 12,332 shares of the firm’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $73.71, for a total value of $908,991.72. Following the sale, the insider now directly owns 404,076 shares in the company, valued at approximately $29,784,441.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.45% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Pinebridge Investments L.P. acquired a new stake in shares of Genesee & Wyoming during the 3rd quarter valued at about $144,000. Sowell Financial Services LLC acquired a new stake in shares of Genesee & Wyoming during the 3rd quarter valued at about $211,000. Wedgewood Investors Inc. PA acquired a new stake in shares of Genesee & Wyoming during the 4th quarter valued at about $213,000. FDx Advisors Inc. acquired a new stake in shares of Genesee & Wyoming during the 4th quarter valued at about $265,000. Finally, State of Alaska Department of Revenue acquired a new stake in shares of Genesee & Wyoming during the 4th quarter valued at about $283,000. Institutional investors and hedge funds own 96.49% of the company’s stock.

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Genesee & Wyoming Company Profile

Genesee & Wyoming Inc owns and operates freight railroads across the world. As of December 31, 2016, the Company owned or leased 122 freight railroads worldwide that are organized in 10 operating regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations.

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Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

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