The Greenbrier Companies Inc. [NYSE:GBX] will report earnings after markets close on Wednesday, January 6th.
GBX Earnings Forecast For The Current Quarter
The Greenbrier Companies Inc. [GBX] is expected to report weak earnings results for the quarter ending on Nov 2020. Consensus estimates give the company expected revenues of $481.03M and an earnings per share of -$0.07 for Nov 2020. Looking further ahead, the company is expected to report revenue of $498.3M at an EPS of -$0.01 for Feb 2021. The estimates represent 23.10% and 251.03% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.
GBX Earnings Estimates For The Current Year
For the financial year, The Greenbrier Companies Inc. [NYSE:GBX] is expected to bring in revenue of $2.09B. The returns are nearly $-700.0 million lower than the company’s actual revenue recorded in the fiscal year 2020. In terms of EPS for the 2021, estimate put it at 0.63, lower than that of FY20 by -$1.47. Estimates put this year’s earnings growth at -70.00%, 252.40% for the next, and at an annual 7.00% over the next 5-year period. As for sales, forecasts are for a decrease of -25.20% in the current fiscal year and a further 23.10% over the following year.
GBX Price Performance
On Wall Street, The Greenbrier Companies Inc. [NYSE:GBX] finished Monday’s session down -2.64% at $35.42. The stock went up to $36.86 at the same session while its lowest single day price was $34.19. In the last five days, it saw a fall of about -5.07%, The Greenbrier Companies Inc. shares dropped by almost -2.64% since the beginning of the year. However, the share price has dropped to as low as -6.76% below its one year high. On 01/04/21, the company shares recorded $36.86, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/04/21, the same year at $34.19. The company’s shares have inclined by 11.07% in the past year. The 50-day SMA achieved is $33.12 while the 200-day SMA is $26.15. Volume gained to 0.61 million from 0.28 million in the previous session.
The Greenbrier Companies Inc. [GBX] Valuation Measures
Notably, The Greenbrier Companies Inc. [GBX] stock cannot be classified as a good candidate in the listing of underestimated low-priced Railroads companies to purchase soonest possible with the prevailing 12-month PE ratio of 24.19. The measure means the stock is exchanging at a premium as compared to the 18.64x trailing earnings of the industry. It can be helpful for investors to consider historical price-sales ratio, more specifically, a 0.42 PS value ratio is reported for the last one year of reported earnings. That is lower than the industry average of 0.91 which means GBX serve an unattractive investment opportunity compared to its competitors.
GBX Stock Support And Resistance Levels
On the 24-hour scale, the immediate backing is perceived around 34.12 level, and in case of violation of this particular level, it will cause more drop to 32.82 level. On the upper level, 38.16 is still the key resistance. The stock may increase to the subsequent resistance at 36.79. The Relative Strength Index (RSI) pinned on the 14-day chart is 50.66, implying a neutral technical stance while the MACD stands at -0.15, meaning price will decrease in the next trading period. Percent R indicator moved to 67.63%, implying low price movement. Stochastic %K at 51.25% suggest holding the stock.
Is The Greenbrier Companies Inc. [NYSE:GBX] a Good Buy Right Now?
It should be noted that GBX technical indicators for short, intermediate as well as long term progress have placed an overall average of 88% as Buy. The average signal changed from 100% Buy in the last week and compares with 100% Buy in the past month. Data from The Greenbrier Companies Inc.’s Trend Spotter indicated that the signals were Weakest. The stock current average is 0.27 million shares in the past 20 days and the short term average signal indicates a 50% Buy. In the last 50 days, the average trading volume was 0.33 million shares while the medium term average advocated for 100% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 0.36 million shares.
What is the short interest in The Greenbrier Companies Inc.?
Short interest in the The Greenbrier Companies Inc. stock has surged, increasing by 0.15 million shares to total 4.19 million shares on Dec 14, 2020. The interest had seen shares on Nov 12, 2020 stand at 4.34 million, data from Yahoo Finance shows. The decrease of -3.58% suggests the stock saw some decreased bullish sentiment. The stock’s days to cover moved to short ratio while the shorted shares account for just 18.09% of the overall float for the stock.
The Greenbrier Companies Inc.’s Biggest Shareholders: Who Owns The Greenbrier Companies Inc. [GBX]?
Filings by BlackRock Fund Advisors showed that the firm now holds a total of 4,626,889 shares or roughly 14.10% of the outstanding GBX shares. This means their shares have reduced by -89,492 from the 4,626,889 the investor reportedly held in its prior 13-F filing. With the conclusion of the sale, The Vanguard Group, Inc. updated stake is worth $106,323,494. Details in the latest 13F filings reveal that Dimensional Fund Advisors LP disposed off their -3.06% stake valued at $88,944,732 while Barrow, Hanley, Mewhinney & Strau cut theirs at $75,538,134. During the last quarter, Dimensional Fund Advisors LP liquidated -84,106 of its shares in The Greenbrier Companies Inc. while Barrow, Hanley, Mewhinney & Strau sold -10,243 shares. The Franklin Mutual Advisers LLC’s holdings currently number 2,188,151 shares at $77504308.42. According to the firm’s last 13F report, SSgA Funds Management, Inc. shares in the company at filing stood at 1,149,776 shares, roughly $38,368,025.
What are analyst thoughts on The Greenbrier Companies Inc.?
Looking forward to the The Greenbrier Companies Inc. share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for The Greenbrier Companies Inc. stock at $30.00 within the next 12 months, which represents almost -18.07 per cent growth from its previous closing price of $35.42. The highest analysts’ target for The Greenbrier Companies Inc. stock projections is $41.00 and the lowest one is $24.00. Still, 6 analysts sharing their consensus rating for GBX stock in 2021 agree that it is a Hold.