The Greenbrier Companies, Inc. (GBX) Jumps: Stock Surges 12%

Zacks

The Greenbrier Companies, Inc. (GBX) was a big mover last session, as the company saw its shares rise by nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $54.73 to $60.08 in the past one-month time frame.

The company has seen no estimate revisions over the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Greenbrier Companies. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

The Greenbrier Companies currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Some other well-placed stocks in the services sector include Trinity Industries Inc. (TRN), Air Lease Corporation (AL) and Ryder System, Inc. (R). All these stocks carry a Zacks Rank #2.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>



GREENBRIER COS INC (GBX): Free Stock Analysis Report

TRINITY INDUSTRIES INC (TRN): Free Stock Analysis Report

AIR LEASE CORP (AL): Free Stock Analysis Report

RYDER SYSTEM INC (R): Free Stock Analysis Report


Zacks Investment Research

View Comments (0)