Analysts expect Genesee & Wyoming Inc (NYSE:GWR) to report $592.13 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Genesee & Wyoming’s earnings, with the lowest sales estimate coming in at $578.00 million and the highest estimate coming in at $610.38 million. Genesee & Wyoming reported sales of $594.99 million during the same quarter last year, which indicates a negative year over year growth rate of 0.5%. The firm is expected to issue its next earnings results on Friday, July 26th.

According to Zacks, analysts expect that Genesee & Wyoming will report full year sales of $2.36 billion for the current fiscal year, with estimates ranging from $2.34 billion to $2.38 billion. For the next fiscal year, analysts forecast that the company will post sales of $2.47 billion, with estimates ranging from $2.43 billion to $2.51 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that follow Genesee & Wyoming.

Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings results on Tuesday, April 30th. The transportation company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.03). Genesee & Wyoming had a net margin of 8.92% and a return on equity of 6.32%. The company had revenue of $558.10 million during the quarter, compared to analyst estimates of $566.71 million. During the same period in the prior year, the business earned $0.70 EPS. The business’s revenue for the quarter was up 1.9% on a year-over-year basis.

A number of analysts have commented on GWR shares. Stifel Nicolaus lifted their target price on shares of Equinix from $505.00 to $542.00 and gave the stock a “buy” rating in a report on Monday, July 1st. Raymond James reaffirmed an “average” rating and set a $23.00 target price on shares of in a report on Monday, April 15th. Stephens set a $112.00 target price on shares of Genesee & Wyoming and gave the stock a “hold” rating in a report on Monday, July 1st. Bank of America lowered shares of Genesee & Wyoming from a “neutral” rating to an “underperform” rating and set a $88.65 target price for the company. in a report on Tuesday, April 30th. Finally, Credit Suisse Group reaffirmed a “sell” rating and set a $6.00 target price on shares of Deutsche Bank in a report on Monday, July 1st. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $101.18.

GWR traded up $0.08 during trading on Thursday, reaching $109.58. 87,914 shares of the company’s stock were exchanged, compared to its average volume of 572,227. The firm has a fifty day moving average of $98.75. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.17 and a quick ratio of 1.06. Genesee & Wyoming has a fifty-two week low of $68.27 and a fifty-two week high of $110.34. The firm has a market cap of $6.24 billion, a price-to-earnings ratio of 28.48 and a beta of 1.34.

Several hedge funds and other institutional investors have recently made changes to their positions in GWR. Vanguard Group Inc boosted its position in shares of Genesee & Wyoming by 0.6% during the third quarter. Vanguard Group Inc now owns 5,282,602 shares of the transportation company’s stock worth $480,663,000 after purchasing an additional 33,057 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Genesee & Wyoming by 0.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 25,677 shares of the transportation company’s stock worth $1,900,000 after purchasing an additional 235 shares in the last quarter. BlackRock Inc. boosted its position in shares of Genesee & Wyoming by 2.5% during the fourth quarter. BlackRock Inc. now owns 5,173,647 shares of the transportation company’s stock worth $382,954,000 after purchasing an additional 126,870 shares in the last quarter. Texas Permanent School Fund boosted its position in shares of Genesee & Wyoming by 2.2% during the fourth quarter. Texas Permanent School Fund now owns 38,210 shares of the transportation company’s stock worth $2,828,000 after purchasing an additional 815 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Genesee & Wyoming by 18.8% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,926 shares of the transportation company’s stock worth $1,401,000 after purchasing an additional 2,990 shares in the last quarter. 91.72% of the stock is currently owned by institutional investors.

About Genesee & Wyoming

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

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