TheStreet cut shares of Greenbrier Companies (NYSE:GBX) from a b rating to a c+ rating in a research report sent to investors on Wednesday morning.

A number of other analysts also recently commented on GBX. Zacks Investment Research raised shares of Greenbrier Companies from a hold rating to a buy rating and set a $54.00 price objective on the stock in a report on Thursday, November 1st. Seaport Global Securities reissued a buy rating on shares of Greenbrier Companies in a report on Wednesday. Wells Fargo & Co decreased their price objective on shares of Greenbrier Companies from $52.00 to $43.00 and set a market perform rating on the stock in a report on Thursday. KeyCorp decreased their price objective on shares of Greenbrier Companies from $68.00 to $62.00 and set an overweight rating on the stock in a report on Thursday, November 29th. Finally, Cowen reissued a buy rating and set a $65.00 price objective on shares of Greenbrier Companies in a report on Wednesday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. Greenbrier Companies currently has a consensus rating of Buy and an average target price of $54.50.

GBX stock opened at $39.54 on Wednesday. The stock has a market cap of $1.26 billion, a P/E ratio of 9.57, a P/E/G ratio of 0.95 and a beta of 1.88. Greenbrier Companies has a 52 week low of $37.44 and a 52 week high of $64.87. The company has a current ratio of 2.76, a quick ratio of 1.86 and a debt-to-equity ratio of 0.35.

Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Wednesday, January 9th. The transportation company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. The firm had revenue of $604.50 million for the quarter, compared to the consensus estimate of $559.43 million. Greenbrier Companies had a net margin of 5.60% and a return on equity of 8.87%. The firm’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.83 earnings per share. On average, equities analysts predict that Greenbrier Companies will post 4.34 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 20th. Shareholders of record on Wednesday, January 30th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Tuesday, January 29th. Greenbrier Companies’s payout ratio is currently 24.21%.

In other Greenbrier Companies news, EVP Mark J. Rittenbaum sold 9,954 shares of Greenbrier Companies stock in a transaction dated Thursday, November 8th. The shares were sold at an average price of $51.30, for a total transaction of $510,640.20. Following the completion of the transaction, the executive vice president now owns 64,137 shares in the company, valued at $3,290,228.10. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.76% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. NEXT Financial Group Inc acquired a new position in shares of Greenbrier Companies in the third quarter valued at approximately $111,000. Advisors Asset Management Inc. raised its position in shares of Greenbrier Companies by 2,212.5% in the second 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 last quarter. Stone Ridge Asset Management LLC acquired a new position in shares of Greenbrier Companies in the third quarter valued at approximately $210,000. Trilogy Capital Inc. acquired a new position in shares of Greenbrier Companies in the third quarter valued at approximately $221,000. Finally, Riverhead Capital Management LLC raised its position in shares of Greenbrier Companies by 39.2% in the third quarter. Riverhead Capital Management LLC now owns 4,970 shares of the transportation company’s stock valued at $299,000 after buying an additional 1,400 shares during the last quarter.

About Greenbrier Companies

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The 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; 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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Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

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