Analysts expect that Greenbrier Companies Inc (NYSE:GBX) will announce $1.07 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have provided estimates for Greenbrier Companies’ earnings, with the highest EPS estimate coming in at $1.15 and the lowest estimate coming in at $1.00. Greenbrier Companies posted earnings per share of $0.86 in the same quarter last year, which would indicate a positive year over year growth rate of 24.4%. The company is scheduled to issue its next quarterly earnings report on Friday, October 26th.

According to Zacks, analysts expect that Greenbrier Companies will report full-year earnings of $4.24 per share for the current year, with EPS estimates ranging from $4.15 to $4.30. For the next financial year, analysts expect that the business will post earnings of $4.09 per share, with EPS estimates ranging from $3.45 to $4.45. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Greenbrier Companies.

Greenbrier Companies (NYSE:GBX) last issued its quarterly earnings results on Friday, June 29th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.16. Greenbrier Companies had a return on equity of 10.56% and a net margin of 5.92%. The firm had revenue of $641.40 million for the quarter, compared to analyst estimates of $668.52 million. During the same period last year, the company earned $1.03 EPS. The firm’s quarterly revenue was up 46.0% on a year-over-year basis.

A number of analysts have issued reports on the company. Zacks Investment Research raised Greenbrier Companies from a “hold” rating to a “buy” rating and set a $61.00 price target on the stock in a research note on Wednesday, July 4th. ValuEngine raised Greenbrier Companies from a “hold” rating to a “buy” rating in a research note on Monday, July 2nd. Stifel Nicolaus lifted their price objective on Greenbrier Companies from $54.00 to $61.00 and gave the company a “buy” rating in a research note on Monday, July 2nd. Cowen reaffirmed a “buy” rating and issued a $58.00 price objective on shares of Greenbrier Companies in a research note on Friday, June 29th. Finally, Wells Fargo & Co set a $55.00 price objective on Greenbrier Companies and gave the company a “hold” rating in a research note on Monday, July 2nd. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Greenbrier Companies has a consensus rating of “Buy” and an average price target of $60.75.

NYSE:GBX traded up $0.15 during mid-day trading on Tuesday, reaching $59.35. The company’s stock had a trading volume of 13,323 shares, compared to its average volume of 297,543. The company has a current ratio of 2.82, a quick ratio of 1.97 and a debt-to-equity ratio of 0.32. Greenbrier Companies has a twelve month low of $42.45 and a twelve month high of $60.90. The firm has a market cap of $1.88 billion, a price-to-earnings ratio of 15.78, a PEG ratio of 1.51 and a beta of 1.77.

In related news, VP Anne Manning sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, July 18th. The stock was sold at an average price of $55.05, for a total transaction of $165,150.00. Following the sale, the vice president now directly owns 14,093 shares in the company, valued at approximately $775,819.65. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Brian J. Comstock sold 2,500 shares of the firm’s stock in a transaction dated Friday, July 20th. The shares were sold at an average price of $58.06, for a total value of $145,150.00. The disclosure for this sale can be found here. Insiders sold a total of 15,399 shares of company stock worth $857,398 over the last ninety days. Corporate insiders own 2.46% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Advisors Asset Management Inc. raised its holdings in shares of Greenbrier Companies by 2,212.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 27,426 shares of the transportation company’s stock valued at $186,000 after buying an additional 26,240 shares during the period. Sun Life Financial INC purchased a new stake in shares of Greenbrier Companies during the 2nd quarter valued at about $194,000. CIBC Asset Management Inc purchased a new stake in shares of Greenbrier Companies during the 2nd quarter valued at about $200,000. Amalgamated Bank purchased a new stake in shares of Greenbrier Companies during the 2nd quarter valued at about $243,000. Finally, Xact Kapitalforvaltning AB raised its holdings in shares of Greenbrier Companies by 31.2% during the 1st quarter. Xact Kapitalforvaltning AB now owns 5,044 shares of the transportation company’s stock valued at $253,000 after buying an additional 1,200 shares during the period.

About Greenbrier Companies

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe. Its 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; and 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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