FY2017 Earnings Estimate for Greenbrier Companies, Inc. (The) Issued By KeyCorp (GBX)

Greenbrier Companies, Inc. (The) (NYSE:GBX) – Research analysts at KeyCorp raised their FY2017 earnings per share estimates for Greenbrier Companies, Inc. (The) in a research report issued to clients and investors on Sunday. KeyCorp analyst S. Barger now expects that the transportation company will earn $3.70 per share for the year, up from their prior forecast of $3.44. KeyCorp also issued estimates for Greenbrier Companies, Inc. (The)’s Q4 2017 earnings at $0.80 EPS and FY2018 earnings at $3.75 EPS.

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A number of other brokerages have also recently issued reports on GBX. Zacks Investment Research raised shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “strong-buy” rating and set a $58.00 target price for the company in a research report on Friday, October 6th. Buckingham Research boosted their target price on shares of Greenbrier Companies, Inc. (The) from $45.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, October 5th. Cowen and Company reissued an “outperform” rating and issued a $58.00 target price (up previously from $57.00) on shares of Greenbrier Companies, Inc. (The) in a research report on Thursday, October 5th. Stifel Nicolaus reissued a “buy” rating and issued a $60.00 target price (up previously from $51.00) on shares of Greenbrier Companies, Inc. (The) in a research report on Thursday, October 5th. Finally, ValuEngine raised shares of Greenbrier Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Four research analysts have rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $51.36.

Greenbrier Companies, Inc. (NYSE GBX) opened at 49.90 on Wednesday. The stock’s 50 day moving average price is $45.17 and its 200 day moving average price is $45.16. The firm has a market capitalization of $1.42 billion, a PE ratio of 12.59 and a beta of 1.91. Greenbrier Companies, Inc. has a one year low of $28.95 and a one year high of $52.00.

A number of hedge funds have recently bought and sold shares of GBX. Ameritas Investment Partners Inc. acquired a new position in Greenbrier Companies, Inc. (The) in the first quarter valued at about $101,000. Riverhead Capital Management LLC raised its stake in Greenbrier Companies, Inc. (The) by 69.1% in the second quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock valued at $102,000 after purchasing an additional 898 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in Greenbrier Companies, Inc. (The) by 872.1% in the second quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock valued at $130,000 after purchasing an additional 2,529 shares in the last quarter. Stifel Financial Corp acquired a new position in Greenbrier Companies, Inc. (The) in the first quarter valued at about $202,000. Finally, Cim Investment Mangement Inc. acquired a new position in Greenbrier Companies, Inc. (The) in the first quarter valued at about $204,000.

In related news, VP Anne Manning sold 6,000 shares of the business’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $46.55, for a total value of $279,300.00. Following the completion of the transaction, the vice president now owns 11,939 shares of the company’s stock, valued at $555,760.45. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Lorie Tekorius sold 4,740 shares of the business’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $48.00, for a total value of $227,520.00. The disclosure for this sale can be found here. Insiders own 4.60% of the company’s stock.

About Greenbrier Companies, Inc. (The)

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.

Earnings History and Estimates for Greenbrier Companies, Inc. (The) (NYSE:GBX)

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