Greenbrier Companies (NYSE:GBX) released its quarterly earnings data on Friday. The transportation company reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.07), Briefing.com reports. Greenbrier Companies had a net margin of 2.38% and a return on equity of 5.81%. The company had revenue of $914.20 million during the quarter, compared to the consensus estimate of $957.40 million. During the same quarter in the prior year, the company posted $0.94 earnings per share. The company’s revenue for the quarter was up 32.6% on a year-over-year basis. Greenbrier Companies updated its FY20 guidance to $2.60-3.00 EPS.
Shares of GBX traded down $0.70 on Friday, hitting $31.38. The company’s stock had a trading volume of 705,169 shares, compared to its average volume of 309,950. The company has a market capitalization of $1.04 billion, a PE ratio of 7.60, a PEG ratio of 1.04 and a beta of 2.09. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.61 and a quick ratio of 1.43. Greenbrier Companies has a fifty-two week low of $21.30 and a fifty-two week high of $53.42. The company has a 50 day moving average price of $29.08 and a 200 day moving average price of $29.20.
Several equities research analysts have recently weighed in on GBX shares. Stifel Nicolaus lowered their price objective on Greenbrier Companies from $44.00 to $36.00 and set a “buy” rating on the stock in a research note on Wednesday, July 3rd. Cowen reiterated a “buy” rating and issued a $42.00 price objective on shares of Greenbrier Companies in a research note on Friday. Wells Fargo & Co lowered their price objective on Greenbrier Companies from $36.00 to $30.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 3rd. Bank of America reiterated an “underperform” rating and issued a $28.00 price objective (down from $34.00) on shares of Greenbrier Companies in a research note on Wednesday, July 3rd. Finally, ValuEngine upgraded Greenbrier Companies from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $37.13.
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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