Brokerages Expect Greenbrier Companies Inc (GBX) to Announce $0.96 EPS

Brokerages forecast that Greenbrier Companies Inc (NYSE:GBX) will announce earnings per share of $0.96 for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Greenbrier Companies’ earnings, with the highest EPS estimate coming in at $1.14 and the lowest estimate coming in at $0.80. Greenbrier Companies reported earnings per share of $1.09 in the same quarter last year, which would indicate a negative year-over-year growth rate of 11.9%. The company is expected to announce its next quarterly earnings results on Wednesday, April 4th.

On average, analysts expect that Greenbrier Companies will report full year earnings of $4.07 per share for the current financial year, with EPS estimates ranging from $3.90 to $4.25. For the next fiscal year, analysts expect that the firm will post earnings of $4.10 per share, with EPS estimates ranging from $3.30 to $4.45. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Greenbrier Companies.

Greenbrier Companies (NYSE:GBX) last announced its quarterly earnings data on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.02. Greenbrier Companies had a net margin of 5.39% and a return on equity of 10.71%. The firm had revenue of $559.50 million for the quarter, compared to the consensus estimate of $591.05 million. During the same period in the previous year, the firm posted $0.79 earnings per share. The firm’s revenue was up 1.3% on a year-over-year basis.

A number of brokerages recently commented on GBX. ValuEngine raised shares of Greenbrier Companies from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Seaport Global Securities began coverage on shares of Greenbrier Companies in a research report on Thursday, January 4th. They set a “buy” rating and a $65.00 price objective on the stock. KeyCorp reaffirmed a “buy” rating and set a $60.00 price objective on shares of Greenbrier Companies in a research report on Tuesday, October 24th. Zacks Investment Research upgraded shares of 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. Finally, Buckingham Research lifted their target price on shares of Greenbrier Companies from $45.00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, five have given a buy rating and two have issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $59.00.

In other Greenbrier Companies news, EVP Alejandro Centurion sold 5,000 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $52.00, for a total value of $260,000.00. Following the completion of the sale, the executive vice president now directly owns 13,523 shares in the company, valued at $703,196. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO William A. Furman sold 117,652 shares of Greenbrier Companies stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $46.91, for a total transaction of $5,519,055.32. The disclosure for this sale can be found here. Insiders sold 289,830 shares of company stock valued at $13,856,712 over the last quarter. Corporate insiders own 2.46% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. New York State Common Retirement Fund lifted its stake in shares of Greenbrier Companies by 0.3% in the second quarter. New York State Common Retirement Fund now owns 28,900 shares of the transportation company’s stock worth $1,337,000 after buying an additional 99 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Greenbrier Companies by 0.8% in the second quarter. The Manufacturers Life Insurance Company now owns 20,989 shares of the transportation company’s stock worth $970,000 after buying an additional 172 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Greenbrier Companies by 0.9% in the second quarter. PNC Financial Services Group Inc. now owns 19,962 shares of the transportation company’s stock worth $923,000 after buying an additional 176 shares during the last quarter. Riverhead Capital Management LLC lifted its stake in shares of Greenbrier Companies by 69.1% in the second quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock worth $102,000 after buying an additional 898 shares during the last quarter. Finally, Thrivent Financial For Lutherans lifted its stake in shares of Greenbrier Companies by 6.2% in the second quarter. Thrivent Financial For Lutherans now owns 17,170 shares of the transportation company’s stock worth $794,000 after buying an additional 1,000 shares during the last quarter.

Greenbrier Companies (NYSE GBX) opened at $52.35 on Friday. Greenbrier Companies has a 1 year low of $40.45 and a 1 year high of $54.45. The company has a market cap of $1,480.95, a P/E ratio of 14.15, a P/E/G ratio of 1.33 and a beta of 1.95. The company has a current ratio of 2.96, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47.

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Shareholders of record on Friday, January 26th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Thursday, January 25th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 24.86%.

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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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Earnings History and Estimates for Greenbrier Companies (NYSE:GBX)

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