The Greenbrier Companies Target of Unusually High Options Trading (GBX)

The Greenbrier Companies (NYSE:GBX) was the recipient of unusually large options trading on Thursday. Stock investors purchased 5,784 call options on the stock. This represents an increase of 4,802% compared to the typical volume of 118 call options.

Several research analysts recently issued reports on GBX shares. Zacks Investment Research downgraded The Greenbrier Companies from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. ValuEngine downgraded The Greenbrier Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. Stifel Nicolaus set a $55.00 target price on shares of The Greenbrier Companies and gave the stock a “buy” rating in a research note on Friday, February 9th. Finally, Wells Fargo set a $50.00 target price on shares of The Greenbrier Companies and gave the stock a “hold” rating in a research note on Monday, April 9th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $56.75.

Get The Greenbrier Companies alerts:

In related news, EVP Alejandro Centurion sold 2,000 shares of The Greenbrier Companies stock in a transaction that occurred on Monday, April 16th. The stock was sold at an average price of $45.25, for a total transaction of $90,500.00. Following the completion of the transaction, the executive vice president now directly owns 9,925 shares in the company, valued at approximately $449,106.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark J. Rittenbaum sold 10,000 shares of The Greenbrier Companies stock in a transaction that occurred on Wednesday, May 16th. The stock was sold at an average price of $47.68, for a total value of $476,800.00. Following the transaction, the executive vice president now owns 68,726 shares of the company’s stock, valued at $3,276,855.68. The disclosure for this sale can be found here. Insiders have sold a total of 23,000 shares of company stock valued at $1,064,310 over the last 90 days. Insiders own 2.46% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in GBX. Xact Kapitalforvaltning AB purchased a new stake in shares of The Greenbrier Companies during the 4th quarter valued at $205,000. Eqis Capital Management Inc. purchased a new stake in shares of The Greenbrier Companies during the 4th quarter valued at $206,000. Amalgamated Bank purchased a new stake in shares of The Greenbrier Companies during the 4th quarter valued at $212,000. Baird Financial Group Inc. purchased a new stake in shares of The Greenbrier Companies during the 4th quarter valued at $213,000. Finally, Mengis Capital Management Inc. purchased a new stake in shares of The Greenbrier Companies during the 4th quarter valued at $239,000.

GBX stock opened at $51.00 on Friday. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 13.56, a PEG ratio of 1.24 and a beta of 1.56. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.82 and a quick ratio of 1.95. The Greenbrier Companies has a one year low of $41.45 and a one year high of $54.45.

The Greenbrier Companies (NYSE:GBX) last released its earnings results on Friday, April 6th. The transportation company reported $1.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.05. The firm had revenue of $629.30 million during the quarter, compared to analysts’ expectations of $612.51 million. The Greenbrier Companies had a net margin of 6.45% and a return on equity of 10.22%. The Greenbrier Companies’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.09 EPS. sell-side analysts expect that The Greenbrier Companies will post 4.15 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 16th. Shareholders of record on Wednesday, April 25th were paid a $0.25 dividend. This is a boost from The Greenbrier Companies’s previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a yield of 1.96%. The ex-dividend date was Tuesday, April 24th. The Greenbrier Companies’s payout ratio is presently 26.60%.

The Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe. Its 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; and 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.