GBX Stock Recent News

Investors looking for stocks in the Transportation - Equipment and Leasing sector might want to consider either Greenbrier Companies (GBX) or Westinghouse Air Brake Technologies (WAB). But which of these two stocks presents investors with the better value opportunity right now?

The heavy selling pressure might have exhausted for Greenbrier (GBX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Here is how Greenbrier Companies (GBX) and Westinghouse Air Brake Technologies (WAB) have performed compared to their sector so far this year.

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. `

The Greenbrier Companies NYSE: GBX stock is returning to the buy zone. The business is boring, and the Q3 release is uninspiring, but neither are reasons for income investors to shed the stock.

The Greenbrier Companies, Inc. (NYSE:GBX ) Q3 2024 Earnings Conference Call July 8, 2024 11:00 AM ET Company Participants Justin Roberts - VP, Corporate Finance & Treasurer Lorie Tekorius - President & CEO Brian Comstock - EVP & President, The Americas Michael Donfris - SVP & CFO Conference Call Participants Jacob Moore - KeyBanc Capital Markets Bascome Majors - Susquehanna Ken Hoexter - Bank of America Operator Hello, and welcome to The Greenbrier Companies Third Quarter Fiscal 2024 Earnings Conference Call. Following today's presentation, we will conduct a question-and-answer session, each analyst should limit themselves to one question, with a follow-up if needed.

Diluted EPS of $1.06 grows to highest level in over 4.5 years New railcar orders of 6,300 units valued at $830 million Gross margin of 15% LAKE OSWEGO, Ore., July 8, 2024 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) ("Greenbrier"), a leading international supplier of equipment and services to global freight transportation markets, today reported financial results for its third fiscal quarter ended May 31, 2024.

When researching which stocks to buy, and trying to find good deals on them, using a stock screener can be a quick and easy way to sort through the thousands of public companies available for investing in. By searching through a screener, investors can find any kind of stock based on the criteria they outline.

The Greenbrier Companies, Inc. GBX will release its financial results for the third quarter ended May 31, before the opening bell on Monday, July 8.

Stock rallied due to improving earnings revisions and operational efficiencies, but seasonality suggests caution in buying in July. Recent earnings show revenue drop but EPS expansion, with management focusing on operational efficiency. Valuation remains unattractive, with insiders selling and DDM analysis indicating stock is not attractively valued.