Published: Sat, April 08, 2017
Economy | By Melissa Porter

Railcar manufacturer Greenbrier Companies' shares spike on earnings beat

Sudden large price movements can create false buy or sell signals in the RSI. The Firm is a community-focused financial institution that offers a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations in the communities. These services include consumer and commercial loans, deposit accounts, trust services, safe deposit services and brokerage services.

Over the last twelve months Greenbrier Companies's stock price has increased from 29.54 to 48.3, a change of 63.51%.

Presently Group 1 Automotive, Inc.

Ratings analysis reveals 0 of Southside Bancshares's analysts are positive.

The results beat Wall Street expectations.

Today, Cowen and Company raised its price target on Greenbrier Companies (NYSE:GBX) to $57.00 per share.

Analysts await Southside Bancshares, Inc. Moreover, Voya Management Lc has 0.01% invested in Greenbrier Companies Inc (NYSE:GBX) for 60,364 shares.

Analysts estimated $0.83/share for the previous Quarter, where The Greenbrier Companies, Inc.

Tributary Capital Management Llc holds 1.64% of its portfolio in Southside Bancshares, Inc. for 369,703 shares. Us State Bank De owns 4,325 shares or 0% of their US portfolio.

On 4/6/2016 Greenbrier Companies announced a Quarterly dividend of $0.20 with an ex dividend date of 4/18/2016 which will be payable on 5/11/2016. Metropolitan Life Ins New York, New York-based fund reported 18,229 shares. Retail Bank Of Montreal Can reported 156,869 shares. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.

Shares outstanding are recorded as 28.37 million and total shares floated are 27.16 million.

Since November 8, 2016, it had 0 insider purchases, and 7 selling transactions for $1.40 million activity. The SEC filing shows that RITTENBAUM MARK J performed a sale of 6,250 shares. 2,996 shares were sold by SHARP JAMES T, worth $96,411 on Wednesday, November 9. (GBX) now has a value of $47.25 while the company's 52 week low is at $25.9, the shares dropped to the 52 week low on Jul 6, 2016.

It operates an integrated business model in North America that combines freight vehicle manufacturing, wheel services, repair, refurbishment, retrofitting, component parts, leasing and fleet management services. It operates in four divisions: Manufacturing; Wheels & Parts; Leasing & Services, and GBW Joint Venture. The corporation has a market cap of US$1.34 Billion. It also produces rail castings and tank heads through unconsolidated joint ventures. Greenbrier Companies had a return on equity of 13.98% and a net margin of 5.71%. Greenbrier Companies has $50 highest and $25 lowest target. They now have $48.00 price target on the stock.

04/06/2016 - Greenbrier Companies, Inc.

Greenbrier Companies Inc (NYSE:GBX) issued an update on its FY17 earnings guidance on Wednesday morning. Stifel Nicolaus reiterated a "hold" rating and issued a $43.00 price target (up from $33.00) on shares of Greenbrier Companies in a research report on Wednesday, January 11th. The rating was upgraded by Morgan Stanley to "Overweight" on Thursday, December 17. The company was downgraded on Wednesday, October 19 by Standpoint Research. The firm has a 50-day moving average price of $42.95 and a 200-day moving average price of $40.39. Stock has got OUTPERFORM rating from 2 analysts of Thomson Reuters, no analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating.

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