Greenbrier Companies (GBX) Stock Moves -0.6%: What You Should Know
Greenbrier Companies (GBX) closed the most recent trading day at $26.38, moving -0.6% from the previous trading session. This change was narrower than the S&P 500's 0.64% loss on the day. At the same time, the Dow lost 1.01%, and the tech-heavy Nasdaq lost 4.13%.
Prior to today's trading, shares of the maker of railroad freight car equipment had lost 11.19% over the past month. This has lagged the Transportation sector's loss of 1.74% and the S&P 500's gain of 0.13% in that time.
Wall Street will be looking for positivity from Greenbrier Companies as it approaches its next earnings report date. The company is expected to report EPS of $0.60, up 566.67% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $943.2 million, up 18.87% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.36 per share and revenue of $3.77 billion. These totals would mark changes of +68.57% and +26.57%, respectively, from last year.
Any recent changes to analyst estimates for Greenbrier Companies should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.07% higher within the past month. Greenbrier Companies is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Greenbrier Companies's current valuation metrics, including its Forward P/E ratio of 11.2. This valuation marks a premium compared to its industry's average Forward P/E of 10.14.
Also, we should mention that GBX has a PEG ratio of 1.6. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. GBX's industry had an average PEG ratio of 1.04 as of yesterday's close.
The Transportation - Equipment and Leasing industry is part of the Transportation sector. This group has a Zacks Industry Rank of 172, putting it in the bottom 32% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Greenbrier Companies, Inc. (The) (GBX) : Free Stock Analysis Report
