Genesee & Wyoming (NYSE:GWR) had its price target cut by Credit Suisse Group from $94.00 to $80.00 in a research note released on Monday morning. They currently have an outperform rating on the transportation company’s stock.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. began coverage on Genesee & Wyoming in a research note on Tuesday, January 9th. They issued an overweight rating on the stock. Bank of America dropped their price objective on Genesee & Wyoming from $89.00 to $80.00 and set a buy rating on the stock in a research note on Friday. Citigroup dropped their price objective on Genesee & Wyoming from $97.00 to $84.00 and set a buy rating on the stock in a research note on Friday. Zacks Investment Research lowered Genesee & Wyoming from a buy rating to a hold rating in a research note on Friday. Finally, Stifel Nicolaus reiterated a hold rating and issued a $76.00 price objective on shares of Genesee & Wyoming in a research note on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of $81.83.

Shares of Genesee & Wyoming (NYSE:GWR) opened at $70.04 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.26 and a quick ratio of 1.14. The firm has a market capitalization of $4,341.30, a PE ratio of 23.91, a price-to-earnings-growth ratio of 2.05 and a beta of 1.71. Genesee & Wyoming has a 12-month low of $61.44 and a 12-month high of $84.40.

Genesee & Wyoming (NYSE:GWR) last posted its quarterly earnings data on Thursday, February 8th. The transportation company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.02. The business had revenue of $571.60 million for the quarter, compared to analyst estimates of $566.73 million. Genesee & Wyoming had a return on equity of 5.23% and a net margin of 24.87%. The firm’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.99 earnings per share. sell-side analysts expect that Genesee & Wyoming will post 3.8 EPS for the current fiscal year.

In related news, insider John C. Hellmann sold 12,332 shares of the business’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $73.71, for a total transaction of $908,991.72. Following the transaction, the insider now directly owns 404,076 shares in the company, valued at $29,784,441.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.45% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of GWR. Manning & Napier Advisors LLC bought a new position in Genesee & Wyoming during the third quarter valued at about $89,115,000. Jennison Associates LLC increased its stake in Genesee & Wyoming by 45.0% during the fourth quarter. Jennison Associates LLC now owns 511,951 shares of the transportation company’s stock valued at $40,306,000 after acquiring an additional 158,890 shares during the period. DF Dent & Co. Inc. increased its stake in Genesee & Wyoming by 1,946.8% during the third quarter. DF Dent & Co. Inc. now owns 148,965 shares of the transportation company’s stock valued at $11,025,000 after acquiring an additional 141,687 shares during the period. Vaughan Nelson Investment Management L.P. increased its stake in Genesee & Wyoming by 15.6% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 719,425 shares of the transportation company’s stock valued at $53,245,000 after acquiring an additional 97,275 shares during the period. Finally, Macquarie Group Ltd. increased its stake in Genesee & Wyoming by 120.5% during the second quarter. Macquarie Group Ltd. now owns 118,870 shares of the transportation company’s stock valued at $8,129,000 after acquiring an additional 64,950 shares during the period. Hedge funds and other institutional investors own 95.65% of the company’s stock.

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Genesee & Wyoming Company Profile

Genesee & Wyoming Inc owns and operates freight railroads across the world. As of December 31, 2016, the Company owned or leased 122 freight railroads worldwide that are organized in 10 operating regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations.

Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

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