Price Don’t Lie: What Next for Greenbrier Companies Inc Stock After Today’s Huge Increase?

Price Don't Lie: What Next for Greenbrier Companies Inc Stock After Today's Huge Increase?

The stock of Greenbrier Companies Inc (NYSE:GBX) is a huge mover today! The stock increased 3.64% or $1.35 on November 23, hitting $38.45. About 487,407 shares traded hands. Greenbrier Companies Inc (NYSE:GBX) has risen 29.55% since April 22, 2016 and is uptrending. It has outperformed by 24.14% the S&P500.
The move comes after 9 months positive chart setup for the $1.12 billion company. It was reported on Nov, 24 by Barchart.com. We have $40.76 PT which if reached, will make NYSE:GBX worth $67.20 million more.

Analysts await Greenbrier Companies Inc (NYSE:GBX) to report earnings on January, 5. They expect $0.84 earnings per share, down 60.93% or $1.31 from last year’s $2.15 per share. GBX’s profit will be $24.47 million for 11.44 P/E if the $0.84 EPS becomes a reality. After $1.06 actual earnings per share reported by Greenbrier Companies Inc for the previous quarter, Wall Street now forecasts -20.75% negative EPS growth.

Greenbrier Companies Inc (NYSE:GBX) Ratings Coverage

Out of 11 analysts covering Greenbrier Companies (NYSE:GBX), 1 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 9% are positive. Greenbrier Companies has been the topic of 13 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Monday, June 20 by Longbow. The stock of Greenbrier Companies Inc (NYSE:GBX) has “Outperform” rating given on Monday, December 14 by Cowen & Co. The firm has “Equal-Weight” rating by Stephens given on Monday, January 4. CLSA initiated the shares of GBX in a report on Friday, September 30 with “Underperform” rating. The rating was initiated by Standpoint Research on Tuesday, December 15 with “Buy”. Zacks downgraded Greenbrier Companies Inc (NYSE:GBX) on Wednesday, September 2 to “Sell” rating. The rating was downgraded by Bank of America on Wednesday, October 26 to “Neutral”. The stock of Greenbrier Companies Inc (NYSE:GBX) earned “Outperform” rating by Cowen & Co on Friday, October 14. The rating was downgraded by Standpoint Research on Wednesday, October 19 to “Hold”. The firm has “Market Perform” rating by Wells Fargo given on Monday, September 21.

According to Zacks Investment Research, “Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. In addition to manufacturing, they are engaged in complementary leasing and services activities.”

Insitutional Activity: The institutional sentiment increased to 1.49 in Q2 2016. Its up 0.58, from 0.91 in 2016Q1. The ratio is positive, as 35 funds sold all Greenbrier Companies Inc shares owned while 60 reduced positions. 26 funds bought stakes while 60 increased positions. They now own 25.94 million shares or 5.42% more from 24.60 million shares in 2016Q1.
Cornerstone Limited Liability Corporation holds 0.04% or 174,516 shares in its portfolio. Tower Limited Com (Trc) accumulated 0.01% or 3,711 shares. Gamco Invsts Et Al owns 280,000 shares or 0.05% of their US portfolio. Earnest, a Georgia-based fund reported 1,000 shares. Polaris Cap Mgmt Ltd Liability Corporation holds 0.14% or 54,718 shares in its portfolio. River And Mercantile Asset Mngmt Ltd Liability Partnership holds 3,000 shares or 0.04% of its portfolio. Stevens Management Lp holds 0.01% or 11,726 shares in its portfolio. Public Sector Pension Invest Board last reported 0.01% of its portfolio in the stock. Credit Suisse Ag last reported 32,781 shares in the company. Olstein Cap Mngmt L P holds 2.07% of its portfolio in Greenbrier Companies Inc (NYSE:GBX) for 524,620 shares. Dupont Capital last reported 0.04% of its portfolio in the stock. Cibc Ww accumulated 45,657 shares or 0.01% of the stock. Lazard Asset Management Lc last reported 0% of its portfolio in the stock. Systematic Fincl Ltd Partnership holds 0.05% or 129,761 shares in its portfolio. Twin owns 55,415 shares or 0.12% of their US portfolio.

Insider Transactions: Since May 26, 2016, the stock had 0 buys, and 12 sales for $1.85 million net activity. RITTENBAUM MARK J had sold 6,250 shares worth $238,135 on Wednesday, November 23. The insider Tekorius Lorie sold $49,404. $191,700 worth of Greenbrier Companies Inc (NYSE:GBX) shares were sold by Centurion Alejandro. 5,000 shares were sold by SHARP JAMES T, worth $152,200. The insider Manning Anne sold $156,250.

More notable recent Greenbrier Companies Inc (NYSE:GBX) news were published by: Fool.com which released: “Why Greenbrier Companies Inc.’s Shares Jumped 13% Last Month” on August 10, 2016, also Fool.com with their article: “Why Shares of Greenbrier Companies Inc Plunged Last Month” published on February 09, 2016, Prnewswire.com published: “The Greenbrier Companies, Inc. Announces Redemption of Remaining 2.375 …” on July 18, 2016. More interesting news about Greenbrier Companies Inc (NYSE:GBX) were released by: Nasdaq.com and their article: “Greenbrier Companies, Inc. (GBX) Ex-Dividend Date Scheduled for November 08, 2016” published on November 07, 2016 as well as Prnewswire.com‘s news article titled: “The Greenbrier Companies Announces Formation of Regulatory Services Group” with publication date: September 08, 2016.

GBX Company Profile

The Greenbrier Companies, Inc., incorporated on October 25, 2005, is a designer, maker and marketer of railroad freight car equipment in North America and Europe; a maker and marketer of marine barges in North America; a well-known provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a well-known provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership. It operates in four divisions: Manufacturing; Wheels & Parts; Leasing & Services, and GBW Joint Venture. The Manufacturing segment, operating from facilities in the United States, Mexico and Poland, produces double-stack intermodal railcars, tank cars, conventional railcars, automotive railcar products and marine vessels. The Wheels & Parts segment performs wheel and axle servicing, as well as production of various parts for the railroad industry in North America. As of August 31, 2015, the Leasing & Services segment owned approximately 9,300 railcars (6,300 railcars held as equipment on operating leases, 2,800 held as leased railcars for syndication and 200 held as finished goods inventory) and provided management services for approximately 260,000 railcars for railroads, shippers, carriers, institutional investors, and other leasing and transportation companies in North America. As of August 31, 2015, the GBW Joint Venture segment provided repair services at 33 locations across North America. It also produces rail castings and tank heads through unconsolidated joint ventures. It operates an integrated business model in North America that combines freight car manufacturing, wheel services, repair, refurbishment, retrofitting, component parts, leasing and fleet management services. The Company’s model is designed to provide clients with a set of freight car solutions utilizing its engineering, mechanical and technical capabilities. The Company’s clients include railroads, leasing companies, financial institutions, shippers, carriers and transportation companies.

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