The Greenbrier Cos Inc (NYSE: GBX) has reported E.P.S. of $1.08 for its second fiscal quarter (ending February 28) versus $1.01 for the same period a year ago — an increase of 7%. Relative to the consensus estimate of $1.00, this was a premium of $0.08. E.P.S. were $3.55 for the latest four quarters through February 28 versus $1.22 for the same period a year ago — an increase of 191%.
Recent Price Action
The Greenbrier Cos Inc (NYSE: GBX) stock closed at $53.16 on 4/5/24 after an increase of 1.5%. Moreover, this advance was accompanied by exceptionally high trading volume at 292% of normal. The stock has risen 2.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above 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). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Greenbrier has a good Appreciation Score of 75 and a good Power Rating of 80, leading to the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action 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.
Be the first to comment