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Greenbrier Companies: Moving in the Market Greenbrier Companies: Moving in the Market

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Greenbrier Companies (GBX) shares reached $48.12 in the latest market close, experiencing a -1.03% movement compared to the previous day. This fluctuation was less than the S&P 500’s daily loss of 0.6%. Meanwhile, the Dow and the Nasdaq decreased by 0.17% and 0.92% respectively.

Over the past month, Greenbrier Companies has seen a 6.06% increase in stock value, outperforming the Transportation sector’s gain of 3.62% and the S&P 500’s gain of 3.56%.

Anticipating Financial Results

Market participants eagerly await the financial results of Greenbrier Companies in its upcoming release. The company is predicted to post an EPS of $0.81, reflecting an 18.18% decline compared to the equivalent quarter last year. Additionally, the most recent consensus estimate anticipates revenue of $895.3 million, indicating a 20.2% downward movement from the same quarter last year.

Analyst Estimates and Zacks Rank

Investors should pay attention to recent changes in analyst estimates for Greenbrier Companies, as they often signify shifting near-term business trends. Positive alterations in estimates reflect analyst optimism regarding the company’s business and profitability.

Research shows that these estimate revisions correlate directly with potential stock price performance. The Zacks Rank, a model that considers estimated changes and delivers an operational rating system, has been established to capitalize on this insight. With an illustrious track record since 1988, the Zacks Rank system classifies stocks from #1 (Strong Buy) to #5 (Strong Sell), with #1 stocks historically contributing an average annual return of +25%. At present, Greenbrier Companies holds a Zacks Rank of #1 (Strong Buy), with the Zacks Consensus EPS estimate increasing by 2.04% over the past month.

Valuation and Industry Rank

Assessing its valuation, Greenbrier Companies boasts a Forward P/E ratio of 12.98, signaling a premium compared to the industry’s average Forward P/E of 12.51. Furthermore, the stock’s PEG ratio stands at 1.85, higher than the industry average of 1.16, taking into account the stock’s expected earnings growth rate.

Belonging to the Transportation sector, the Transportation – Equipment and Leasing industry currently holds a Zacks Industry Rank of 12, positioning it among the top 5% of all 250+ industries. Research shows that top-ranked industries outperform those in the bottom half by a factor of 2 to 1.

Investors are advised to track these stock-moving metrics and more on Zacks.com.

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For Free Stock Analysis Report on Greenbrier Companies, Inc. (The) (GBX), click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.