Greenbrier Companies (GBX) Earning Somewhat Favorable Press Coverage, Accern Reports

News stories about Greenbrier Companies (NYSE:GBX) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Greenbrier Companies earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 45.7620855854113 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Greenbrier Companies (NYSE GBX) opened at $52.60 on Friday. The firm has a market capitalization of $1,505.35, a P/E ratio of 13.91, a P/E/G ratio of 1.39 and a beta of 1.97. Greenbrier Companies has a 52 week low of $39.10 and a 52 week high of $52.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.15 and a current ratio of 3.10.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Friday, October 27th. The transportation company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.23. The firm had revenue of $611.40 million during the quarter, compared to analysts’ expectations of $647.98 million. Greenbrier Companies had a return on equity of 9.50% and a net margin of 6.34%. The firm’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.06 earnings per share. analysts forecast that Greenbrier Companies will post 3.97 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 6th. Shareholders of record on Wednesday, November 15th were paid a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.92 dividend on an annualized basis and a yield of 1.75%. This is a boost from Greenbrier Companies’s previous quarterly dividend of $0.22. Greenbrier Companies’s payout ratio is currently 25.14%.

A number of analysts have issued reports on the company. KeyCorp reaffirmed a “buy” rating and issued a $60.00 target price on shares of Greenbrier Companies in a research note on Tuesday, October 24th. Zacks Investment Research raised Greenbrier Companies from a “hold” rating to a “strong-buy” rating and set a $58.00 target price for the company in a research note on Friday, October 6th. Buckingham Research raised their target price on Greenbrier Companies from $45.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, October 5th. Cowen reaffirmed an “outperform” rating and issued a $58.00 target price (up from $57.00) on shares of Greenbrier Companies in a research note on Thursday, October 5th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $60.00 target price (up from $51.00) on shares of Greenbrier Companies in a research note on Thursday, October 5th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $53.57.

In other Greenbrier Companies news, SVP Martin Raymond Baker sold 6,777 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $51.81, for a total value of $351,116.37. Following the completion of the sale, the senior vice president now owns 11,030 shares in the company, valued at $571,464.30. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Lorie Tekorius sold 4,740 shares of the business’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $48.00, for a total value of $227,520.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 289,570 shares of company stock valued at $13,824,232. 2.46% of the stock is owned by company insiders.

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Greenbrier Companies 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.

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