Christian Lucky Sells 1,454 Shares of The Greenbrier Companies, Inc. (NYSE:GBX) Stock

The Greenbrier Companies, Inc. (NYSE:GBX) SVP Christian Lucky sold 1,454 shares of the business’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $52.94, for a total value of $76,974.76. Following the completion of the transaction, the senior vice president now directly owns 7,841 shares of the company’s stock, valued at $415,102.54. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Greenbrier Companies Price Performance

Shares of NYSE GBX traded down $1.64 during midday trading on Tuesday, reaching $49.39. The company’s stock had a trading volume of 373,020 shares, compared to its average volume of 331,633. The Greenbrier Companies, Inc. has a fifty-two week low of $25.41 and a fifty-two week high of $58.00. The business’s 50 day moving average price is $51.11 and its two-hundred day moving average price is $45.16. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73. The company has a market cap of $1.54 billion, a P/E ratio of 14.53, a P/E/G ratio of 1.82 and a beta of 1.66.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.28. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The company had revenue of $862.70 million during the quarter, compared to the consensus estimate of $841.58 million. During the same quarter in the prior year, the firm posted $0.99 EPS. The firm’s quarterly revenue was down 23.1% on a year-over-year basis. On average, analysts forecast that The Greenbrier Companies, Inc. will post 4.13 EPS for the current fiscal year.

Greenbrier Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Investors of record on Tuesday, April 23rd will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Monday, April 22nd. Greenbrier Companies’s dividend payout ratio (DPR) is presently 35.29%.

Analyst Upgrades and Downgrades

GBX has been the subject of several research analyst reports. Susquehanna boosted their price objective on Greenbrier Companies from $56.00 to $63.00 and gave the company a “positive” rating in a research report on Tuesday, April 9th. Stephens increased their target price on Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a report on Monday, April 8th. TD Cowen boosted their target price on Greenbrier Companies from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, April 8th. Finally, TheStreet upgraded shares of Greenbrier Companies from a “c+” rating to a “b” rating in a research note on Friday, January 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $54.00.

Hedge Funds Weigh In On Greenbrier Companies

Several institutional investors and hedge funds have recently added to or reduced their stakes in GBX. Hexagon Capital Partners LLC acquired a new position in shares of Greenbrier Companies in the first quarter valued at approximately $26,000. Gladius Capital Management LP acquired a new position in Greenbrier Companies in the 3rd quarter valued at approximately $31,000. BluePath Capital Management LLC bought a new stake in shares of Greenbrier Companies in the 3rd quarter valued at about $32,000. Allspring Global Investments Holdings LLC bought a new position in shares of Greenbrier Companies during the third quarter worth about $45,000. Finally, Wetzel Investment Advisors Inc. acquired a new position in shares of Greenbrier Companies in the fourth quarter worth approximately $57,000. Institutional investors own 95.59% of the company’s stock.

About Greenbrier Companies

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.