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). Significant 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
Reflecting future returns on capital that are forecasted to exceed the cost of capital, GBX is expected to continue to be a modest Value Builder.
Greenbrier has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Greenbrier has a good Appreciation Score of 79 and a very high Power Rating of 91, producing the Highest Value Trend Rating.
Recent Price Action
The Greenbrier Cos Inc (NYSE: GBX) stock declined slightly by -0.2% on 1/3/24. The stock closed at $44.45. Moreover, trading volume in this decline was above average at 142% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.3% during the last week.
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