Greenbrier Companies (NYSE:GBX) Given New $45.00 Price Target at Susquehanna

Greenbrier Companies (NYSE:GBX) had its price target decreased by stock analysts at Susquehanna from $52.00 to $45.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the transportation company’s stock. Susquehanna‘s price target indicates a potential upside of 2.38% from the company’s previous close.

A number of other brokerages have also recently issued reports on GBX. Zacks Research cut Greenbrier Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 27th. Bank of America decreased their price target on shares of Greenbrier Companies from $42.00 to $38.00 and set an “underperform” rating on the stock in a report on Tuesday, October 27th. Weiss Ratings lowered Greenbrier Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, October 27th. Finally, Wall Street Zen cut Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Saturday, October 24th. Two research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Strong Sell” and a consensus price target of $40.33.

Greenbrier Companies Trading Up 5.8%

NYSE:GBX opened at $43.95 on Thursday. The company has a market cap of $1.36 billion, a P/E ratio of 15.98, a P/E/G ratio of 0.44 and a beta of 1.53. The stock’s fifty day moving average price is $41.14 and its two-hundred day moving average price is $48.08. Greenbrier Companies has a 1 year low of $36.35 and a 1 year high of $59.19. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.43 and a quick ratio of 1.24.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Monday, October 26th. The transportation company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.41). The company had revenue of $591.00 million during the quarter, compared to the consensus estimate of $605.10 million. Greenbrier Companies had a return on equity of 4.85% and a net margin of 3.21%. Greenbrier Companies’s revenue was down 22.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.26 earnings per share. As a group, analysts expect that Greenbrier Companies will post 3.30 EPS for the current year.

Hedge Funds Weigh In On Greenbrier Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of GBX. Versant Capital Management Inc increased its position in shares of Greenbrier Companies by 63.0% during the 3rd quarter. Versant Capital Management Inc now owns 1,185 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 458 shares during the last quarter. Amundi lifted its position in Greenbrier Companies by 12.4% in the 1st quarter. Amundi now owns 5,154 shares of the transportation company’s stock worth $271,000 after buying an additional 567 shares during the last quarter. Skylands Capital LLC lifted its position in Greenbrier Companies by 3.3% in the 3rd quarter. Skylands Capital LLC now owns 19,040 shares of the transportation company’s stock worth $763,000 after buying an additional 600 shares during the last quarter. Illinois Municipal Retirement Fund lifted its position in Greenbrier Companies by 4.5% in the 1st quarter. Illinois Municipal Retirement Fund now owns 16,567 shares of the transportation company’s stock worth $872,000 after buying an additional 719 shares during the last quarter. Finally, Meeder Asset Management Inc. purchased a new stake in Greenbrier Companies in the first quarter worth approximately $54,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

About Greenbrier Companies

Greenbrier Companies, Inc is a transportation equipment company that designs, manufactures and supplies freight railcars and related services. Its products include covered hopper cars, tank cars, gondolas, boxcars, intermodal equipment and railcars used to transport automobiles and other specialized cargo.

The company also provides railcar leasing and management services, maintenance, refurbishment, wheel services and parts. Through its manufacturing and service operations, Greenbrier supports railroads, leasing companies, shippers and other participants in the North American freight transportation industry.

Founded in 1974 and headquartered in Lake Oswego, Oregon, Greenbrier has expanded its operations beyond the United States, with manufacturing and service activities serving customers in North America and international markets.