Fundamental & Technical Insights on The Greenbrier Companies, Inc. (NYSE:GBX)

The Greenbrier Companies, Inc. (NYSE:GBX) (TREND ANALYSIS) shares were traded with a volume more than two times higher than the usual volume. The stock closed last trading session at $62.43, up by 3.02%, with a volume of 1,789,241 shares against an average volume for the last 30 days of 599,354.

The Greenbrier Companies, Inc. (GBX) reported last quarter earnings figures on April 07th. The company announced actual earnings per share of $1.57 against the consensus Street estimate of $1.2. This represents a year-on-year increase of earning per share of $1.06 from corresponding quarter of last year. The Greenbrier Companies, Inc. posted revenue of $630.15 million.

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The company is currently valued at $1.65 billion and closed the last trading session at $62.43. The stock has 50-day moving average of $56.72 and a 200-day moving average of $60.11.

The Greenbrier Companies, Inc. (NYSE:GBX) is currently trading 20.29% below its 52-week-high, 46.48% above its 52-week-low and in the range of $49.61-$64.04 over the past month. The 1-year range for the stock is $42.62-$78.32. The Greenbrier Companies, Inc. (GBX) has a price to book ratio of 3.05 versus S&P 500 average of 2.86. The company’s share price has outperformed the S&P 500 year to date by over 15.22%.

The Greenbrier Companies, Inc. (GBX) current short interest stands at 7,821,860 shares. It has increased by 4% from the same period of last month. Around 32.6% of the company’s shares, which are float, are short sold. With a 30-days average daily volume of 599,354 shares, the number of days required to cover the short positions stand at 11.8 days.

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There are currently thirteen analysts that we track that cover GBX. Of those thirteen, nine have a buy rating, three have a hold rating, and one has a sell rating. On a consensus basis this yields to a Buy. The overall consensus target price stands at $71.5 which represents an upside of 14.53% from the last closing price of $62.43.

Recently, several research firms updated their ratings on the stock. Indeed, in the last five days, an average price target of $75.4 has been given to the stock, which represents an upside of 20.78% from the last closing price.

Indeed, Longbow Research reiterated their buy stance on April 08th, with a target price of $76, which represents an upside of 21.74% from the last closing price. Another research firm, D.A. Davidson & Co, reiterated their buy stance on April 07th, with a target price of $85, which translates into an upside of 36.15%. Finally, Wells Fargo Securities reiterated their outperform stance on April 07th.

Company Profile

The Greenbrier Companies, Inc. supplies transportation equipment and services to the railroad and related industries. The Company’s manufacturing segment produces railcars and marine vessels. Greenbrier also provides repair and refurbishment for intermodal and conventional railcars. In addition, the Company provides complementary leasing and services activities.

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