Greenbrier Companies Inc (GBX) was Reiterated by Cowen to “Outperform” while Lowering the Price Target of the company shares to $ 35 from a previous price target of $37 . Cowen advised their investors in a research report released on Jul 7, 2016.
Many Wall Street Analysts have commented on Greenbrier Companies Inc. Greenbrier Companies Inc was Downgraded by Longbow to ” Neutral” on Jun 20, 2016.
On the company’s financial health, Greenbrier Companies Inc reported $1.12 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 6, 2016. Analyst had a consensus of $1.08. The company had revenue of $612.90 million for the quarter, compared to analysts expectations of $601.12 million. The company’s revenue was down -14.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.49 EPS.
Greenbrier Companies Inc closed down -0.78 points or -2.64% at $28.79 with 7,95,361 shares getting traded on Tuesday. Post opening the session at $29.21, the shares hit an intraday low of $28.41 and an intraday high of $29.5 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
In a different news, on Jun 2, 2016, Mark J Rittenbaum (EVP,Commercial,Leasing,Finance) sold 2,135 shares at $28.39 per share price. According to the SEC, on Apr 27, 2016, Martin Raymond Baker (SVP, GC, & Compliance Officer) sold 5,357 shares at $30.67 per share price. On Apr 15, 2016, Alejandro Centurion (EVP and President, GMO) sold 10,000 shares at $31.84 per share price, according to the Form-4 filing with the securities and exchange commission.
The Greenbrier Companies Inc. (Greenbrier) formerly Greenbrier Co Inc. is a designer manufacturer and marketer of railroad freight car equipment in North America and Europe a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services railcar refurbishment and parts leasing and other services. The Companys Manufacturing segment produces double-stack intermodal railcars conventional railcars tank cars and marine vessels. The Wheel Services Refurbishment & Parts segment performs wheel axle and bearing servicing; railcar repair refurbishment and maintenance activities and production and reconditioning of a range of parts for the railroad industry in North America. The Leasing & Services segment owns approximately 11000 railcars and provides management services for approximately 219000 railcars for railroads shippers carriers institutional investors and other leasing and transportation companies in North America.