Greenbrier Companies (NYSE:GBX) issued an update on its fourth quarter 2019 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.30-1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.89. The company issued revenue guidance of $1-1 billion, compared to the consensus revenue estimate of $1.1 billion.Greenbrier Companies also updated its Q4 guidance to $1.30-1.50 EPS.
Shares of NYSE:GBX opened at $28.26 on Friday. The company’s 50 day moving average is $29.08. The company has a market cap of $917.98 million, a P/E ratio of 6.84, a PEG ratio of 0.83 and a beta of 1.95. The company has a current ratio of 2.61, a quick ratio of 1.41 and a debt-to-equity ratio of 0.34. Greenbrier Companies has a 12-month low of $26.75 and a 12-month high of $64.87.
Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Tuesday, July 2nd. The transportation company reported $0.89 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.07). Greenbrier Companies had a return on equity of 5.81% and a net margin of 2.38%. The business had revenue of $856.20 million during the quarter, compared to the consensus estimate of $863.24 million. During the same quarter in the previous year, the company earned $1.30 earnings per share. The company’s revenue for the quarter was up 33.5% compared to the same quarter last year. On average, research analysts predict that Greenbrier Companies will post 3.6 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 8th. Stockholders of record on Thursday, July 18th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, July 17th. This represents a $1.00 annualized dividend and a dividend yield of 3.54%. Greenbrier Companies’s dividend payout ratio (DPR) is 24.21%.
Several analysts have recently issued reports on the company. Stifel Nicolaus decreased their price objective on Greenbrier Companies from $44.00 to $36.00 and set a buy rating on the stock in a report on Wednesday. Wells Fargo & Co decreased their price target on Greenbrier Companies from $43.00 to $36.00 and set a market perform rating on the stock in a report on Monday, March 25th. Zacks Investment Research upgraded Greenbrier Companies from a hold rating to a buy rating and set a $32.00 price target on the stock in a report on Friday, June 7th. Buckingham Research decreased their price target on Greenbrier Companies from $41.00 to $37.00 and set a neutral rating on the stock in a report on Wednesday, March 27th. Finally, Cowen restated a buy rating and set a $49.00 price target on shares of Greenbrier Companies in a report on Wednesday, April 10th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $39.75.
In related news, SVP Martin Raymond Baker sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $35.53, for a total transaction of $71,060.00. Following the sale, the senior vice president now owns 26,284 shares of the company’s stock, valued at $933,870.52. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Mark J. Rittenbaum sold 7,603 shares of the firm’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $35.94, for a total value of $273,251.82. Following the sale, the executive vice president now directly owns 63,837 shares in the company, valued at approximately $2,294,301.78. The disclosure for this sale can be found here. 1.76% of the stock is currently owned by corporate insiders.
Greenbrier Companies Company Profile
The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers double-stack intermodal railcars; tank cars; auto-max and multi-max products for the transportation of light vehicles; conventional railcars, such as covered hopper cars, boxcars, center partition cars, bulkhead flat cars, and solid waste service flat cars; pressurized tank cars, non-pressurized tank cars, coil cars, coal cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges.
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