Greenbrier beats Q2 estimates, extends vehicle lease agreement with MUL

Therefore, the stated figure displays a quarterly performance of 3.11% and year to date performance of 3.58%. It fall, as 29 investors sold Greenbrier Companies Inc shares while 64 reduced holdings. The average numbers of shares are traded in a security per day, during the recent 3-month period. This entity will manage the new railcars as well as the ones that Greenbrier now manages on behalf of Mitsubishi UFJ Lease & Finance.

The company's stock now has 1.34 Billion in market capitalization.

The stock's 50 day moving average is 42.85 and its 200 day moving average is 40.34. Greenbrier Companies has a 1-year low of $24.27 and a 1-year high of $49.50. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & global copyright law. GBX substantial advances on both prongs of the strategy have resulted in a strong quarter, including a healthy aggregate gross margin of 21%. Guzzo Dana F. sold $542,735 worth of stock or 2,389 shares.

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The combined value of the transaction reported exceeds $1 billion.In 2014, Greenbrier and MUL collaborated on a railcar lease syndication and asset management partnership created to establish MUL as a leading owner and lessor of railcar assets in North America. Bank of Montreal Can boosted its position in Greenbrier Companies by 113.8% in the third quarter. KBC Group NV acquired a new stake in shares of Greenbrier Companies during the third quarter valued at approximately $315,000. The stock carved out a 52-week low down at $23.69. Blackrock Inv Mgmt Ltd Liability Company owns 0.01% invested in Greenbrier Companies Inc (NYSE:GBX) for 149,973 shares.

A number of equities analysts have recently commented on the stock.

But current earnings topped consensus estimates of 84 cents on sales of $521 million compiled by Thomson Reuters. Stifel Nicolaus reissued a "hold" rating and set a $43.00 price target (up from $33.00) on shares of Greenbrier Companies in a research report on Wednesday, January 11th. CLSA cut shares of Greenbrier Companies from an underperform rating to a sell rating in a research note on Thursday, January 19th.

GBX has been the subject of several research analyst reports. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 7 analysts of Thomson Reuters, 1 analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating.

The Greenbrier Companies, a designer, maker and marketer of railroad freight vehicle 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 fix, refurbishment and retrofitting services in North America through a joint venture partnership.

  • Salvatore Jensen