Wall Street analysts predict that Greenbrier Companies Inc (NYSE:GBX) will report earnings of $0.91 per share for the current quarter, according to Zacks. Three analysts have made estimates for Greenbrier Companies’ earnings. The highest EPS estimate is $1.03 and the lowest is $0.83. Greenbrier Companies posted earnings per share of $1.09 in the same quarter last year, which indicates a negative year-over-year growth rate of 16.5%. The company is scheduled to issue its next quarterly earnings report on Friday, January 5th.

On average, analysts expect that Greenbrier Companies will report full-year earnings of $3.99 per share for the current fiscal year, with EPS estimates ranging from $3.90 to $4.16. For the next fiscal year, analysts expect that the company will report earnings of $3.85 per share, with EPS estimates ranging from $3.00 to $4.35. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Greenbrier Companies.

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Greenbrier Companies (NYSE:GBX) last announced its earnings results on Friday, January 5th. The transportation company reported $0.90 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.02. Greenbrier Companies had a net margin of 5.35% and a return on equity of 10.75%. The business had revenue of $559.50 million during the quarter, compared to analysts’ expectations of $591.05 million. During the same quarter in the prior year, the company posted $0.79 earnings per share. The firm’s revenue was up 1.3% on a year-over-year basis.

Several research analysts recently commented on GBX shares. Seaport Global Securities started coverage on shares of Greenbrier Companies in a report on Thursday. They set a “buy” rating and a $65.00 target price for the company. Cowen reaffirmed an “outperform” rating and set a $58.00 price target (up from $57.00) on shares of Greenbrier Companies in a research report on Thursday, October 5th. Stifel Nicolaus reaffirmed a “buy” rating and set a $60.00 price target (up from $51.00) on shares of Greenbrier Companies in a research report on Thursday, October 5th. Zacks Investment Research raised shares of Greenbrier Companies from a “hold” rating to a “strong-buy” rating and set a $58.00 price target on the stock in a research report on Friday, October 6th. Finally, Buckingham Research upped their price target on shares of Greenbrier Companies from $45.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, October 5th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. Greenbrier Companies has an average rating of “Buy” and an average price target of $59.00.

Shares of Greenbrier Companies (GBX) traded down $2.15 on Thursday, reaching $50.60. 1,255,000 shares of the company traded hands, compared to its average volume of 331,258. Greenbrier Companies has a fifty-two week low of $40.45 and a fifty-two week high of $54.45. The firm has a market capitalization of $1,450.00, a PE ratio of 13.71, a price-to-earnings-growth ratio of 1.34 and a beta of 1.95. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.10 and a quick ratio of 2.15.

In other Greenbrier Companies news, CEO William A. Furman sold 36,648 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $49.55, for a total transaction of $1,815,908.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Martin Raymond Baker sold 6,777 shares of the company’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $51.81, for a total transaction of $351,116.37. Following the sale, the senior vice president now directly owns 11,030 shares in the company, valued at $571,464.30. The disclosure for this sale can be found here. Insiders have sold 284,830 shares of company stock worth $13,596,712 over the last ninety days. Insiders own 2.46% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. Verition Fund Management LLC bought a new position in shares of Greenbrier Companies in the second quarter valued at about $319,000. Piedmont Investment Advisors LLC bought a new position in shares of Greenbrier Companies in the second quarter valued at about $284,000. LSV Asset Management raised its position in shares of Greenbrier Companies by 261.9% in the second quarter. LSV Asset Management now owns 289,900 shares of the transportation company’s stock valued at $13,407,000 after purchasing an additional 209,800 shares during the period. Voya Investment Management LLC raised its position in shares of Greenbrier Companies by 9.2% in the second quarter. Voya Investment Management LLC now owns 58,609 shares of the transportation company’s stock valued at $2,711,000 after purchasing an additional 4,950 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of Greenbrier Companies by 1.2% in the third quarter. JPMorgan Chase & Co. now owns 291,016 shares of the transportation company’s stock valued at $14,086,000 after purchasing an additional 3,459 shares during the period.

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About Greenbrier Companies

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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