Greenbrier Companies (NYSE:GBX) updated its second quarter earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $0.36-0.38 for the period, compared to the Thomson Reuters consensus estimate of $0.42. The company issued revenue guidance of ~$650 million, compared to the consensus revenue estimate of $574.07 million.
Several brokerages have commented on GBX. KeyCorp lowered their price objective on shares of Greenbrier Companies from $68.00 to $62.00 and set an overweight rating for the company in a research report on Thursday, November 29th. Cowen restated a buy rating and set a $65.00 price objective on shares of Greenbrier Companies in a research report on Wednesday, January 9th. ValuEngine downgraded shares of Greenbrier Companies from a sell rating to a strong sell rating in a research report on Friday, February 22nd. Zacks Investment Research downgraded shares of Greenbrier Companies from a buy rating to a hold rating in a research report on Friday, January 11th. Finally, Mizuho dropped coverage on shares of Greenbrier Companies in a research report on Thursday, January 10th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. Greenbrier Companies currently has an average rating of Hold and a consensus price target of $54.50.
Shares of GBX opened at $33.77 on Friday. Greenbrier Companies has a one year low of $33.50 and a one year high of $64.87. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 0.92 and a beta of 1.86. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.76 and a quick ratio of 1.69.
Greenbrier Companies (NYSE:GBX) last posted its earnings results on Wednesday, January 9th. The transportation company reported $0.54 earnings per share 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 analysts’ expectations of $559.43 million. Greenbrier Companies had a net margin of 5.60% and a return on equity of 8.87%. The company’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.83 earnings per share. On average, sell-side analysts anticipate that Greenbrier Companies will post 4.29 earnings per share for the current fiscal year.
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Greenbrier Companies Company Profile
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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