Extremely important positive changes in investment behavior have recently occurred for The Greenbrier Cos Inc (NYSE: GBX): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
The Greenbrier Cos Inc (NYSE: GBX). Notable positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
GBX is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Greenbrier has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Greenbrier has a good Appreciation Score of 81 and a very high Power Rating of 93, triggering the Highest Value Trend Rating.
Recent Price Action
The Greenbrier Cos Inc (NYSE: GBX) stock closed at $39.17 on 12/4/23 after a slight gain of 0.2%. However, below average trading volume at 69% of normal accompanied the advance. The stock has risen 4.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
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