After Today’s Bearish Options Activity, Is Greenbrier Companies Inc’s Near-Term Analysis Positive?

 After Today's Bearish Options Activity, Is Greenbrier Companies Inc's Near Term Analysis Positive?

In today’s session Greenbrier Companies Inc (GBX) recorded an unusually high (535) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious GBX decrease. With 535 contracts traded and 14604 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: GBX161216P00030000 closed last at: $1.45 or 19.4% down. About 76,773 shares traded hands. Greenbrier Companies Inc (NYSE:GBX) has risen 11.37% since April 5, 2016 and is uptrending. It has outperformed by 9.41% the S&P500.

Greenbrier Companies Inc (NYSE:GBX) Ratings Coverage

Out of 11 analysts covering Greenbrier Companies (NYSE:GBX), 1 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 9% are positive. $43 is the highest target while $25 is the lowest. The $35.67 average target is 13.42% above today’s ($31.45) stock price. Greenbrier Companies has been the topic of 13 analyst reports since September 2, 2015 according to StockzIntelligence Inc. The company was initiated on Monday, December 14 by Cowen & Co. The firm earned “Equal-Weight” rating on Monday, January 4 by Stephens. Wells Fargo downgraded Greenbrier Companies Inc (NYSE:GBX) on Monday, September 21 to “Market Perform” rating. CLSA initiated Greenbrier Companies Inc (NYSE:GBX) on Friday, September 30 with “Underperform” rating. Standpoint Research initiated Greenbrier Companies Inc (NYSE:GBX) on Tuesday, December 15 with “Buy” rating. The firm earned “Neutral” rating on Monday, June 20 by Longbow. The firm has “Hold” rating given on Thursday, March 17 by BBT. Avondale maintained it with “Market Perform” rating and $25 target price in Wednesday, April 6 report. The rating was downgraded by Zacks on Wednesday, September 2 to “Sell”. The rating was downgraded by Bank of America on Wednesday, October 26 to “Neutral”.

According to Zacks Investment Research, “Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. In addition to manufacturing, they are engaged in complementary leasing and services activities.”

Insitutional Activity: The institutional sentiment decreased to 0.91 in Q2 2016. Its down 0.12, from 1.03 in 2016Q1. The ratio fall, as 35 funds sold all Greenbrier Companies Inc shares owned while 60 reduced positions. 26 funds bought stakes while 60 increased positions. They now own 25.94 million shares or 5.42% more from 24.60 million shares in 2016Q1.
Panagora Asset Management holds 0.01% of its portfolio in Greenbrier Companies Inc (NYSE:GBX) for 41,917 shares. California State Teachers Retirement System holds 0% or 56,883 shares in its portfolio. Principal Gp last reported 0.01% of its portfolio in the stock. Brick & Kyle Assocs last reported 600 shares in the company. Retail Bank Of Montreal Can, a Ontario – Canada-based fund reported 29,921 shares. Geode Capital Management Limited Liability Com holds 0% of its portfolio in Greenbrier Companies Inc (NYSE:GBX) for 234,194 shares. One Trading L P has 0.01% invested in the company for 37,380 shares. Qs Ltd Liability holds 609,063 shares or 0.15% of its portfolio. Cetera Advsr Ltd holds 0.04% or 15,475 shares in its portfolio. The Colorado-based Advsr Asset has invested 0.01% in Greenbrier Companies Inc (NYSE:GBX). Ls Lc holds 885 shares or 0% of its portfolio. Royal Bank Of Canada holds 0.03% of its portfolio in Greenbrier Companies Inc (NYSE:GBX) for 1.44 million shares. Cornerstone Cap Management Hldgs Ltd owns 174,516 shares or 0.04% of their US portfolio. Creative Planning last reported 0% of its portfolio in the stock. Federated Invsts Pa last reported 14,731 shares in the company.

Insider Transactions: Since May 11, 2016, the stock had 0 buys, and 8 insider sales for $1.05 million net activity. $36,828 worth of Greenbrier Companies Inc (NYSE:GBX) shares were sold by RITTENBAUM MARK J. Centurion Alejandro also sold $191,700 worth of Greenbrier Companies Inc (NYSE:GBX) shares. The insider SHARP JAMES T sold 1,487 shares worth $47,599. 5,000 shares with value of $156,250 were sold by Manning Anne on Thursday, July 28.

The Greenbrier Companies, Inc. is a designer, maker and marketer of railroad freight car equipment in North America and Europe; a maker and marketer of marine barges in North America; a well-known provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a well-known provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership. The company has a market cap of $909.34 million. It operates in four divisions: Manufacturing; Wheels & Parts; Leasing & Services, and GBW Joint Venture. It has a 5.49 P/E ratio. It also produces rail castings and tank heads through unconsolidated joint ventures.

GBX Company Profile

The Greenbrier Companies, Inc., incorporated on October 25, 2005, is a designer, maker and marketer of railroad freight car equipment in North America and Europe; a maker and marketer of marine barges in North America; a well-known provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a well-known provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership. It operates in four divisions: Manufacturing; Wheels & Parts; Leasing & Services, and GBW Joint Venture. The Manufacturing segment, operating from facilities in the United States, Mexico and Poland, produces double-stack intermodal railcars, tank cars, conventional railcars, automotive railcar products and marine vessels. The Wheels & Parts segment performs wheel and axle servicing, as well as production of various parts for the railroad industry in North America. As of August 31, 2015, the Leasing & Services segment owned approximately 9,300 railcars (6,300 railcars held as equipment on operating leases, 2,800 held as leased railcars for syndication and 200 held as finished goods inventory) and provided management services for approximately 260,000 railcars for railroads, shippers, carriers, institutional investors, and other leasing and transportation companies in North America. As of August 31, 2015, the GBW Joint Venture segment provided repair services at 33 locations across North America. It also produces rail castings and tank heads through unconsolidated joint ventures. It operates an integrated business model in North America that combines freight car manufacturing, wheel services, repair, refurbishment, retrofitting, component parts, leasing and fleet management services. The Company’s model is designed to provide clients with a set of freight car solutions utilizing its engineering, mechanical and technical capabilities. The Company’s clients include railroads, leasing companies, financial institutions, shippers, carriers and transportation companies.

More notable recent Greenbrier Companies Inc (NYSE:GBX) news were published by: Fool.com which released: “Why Greenbrier Companies Inc.’s Shares Jumped 13% Last Month” on August 10, 2016, also Nasdaq.com with their article: “Greenbrier Companies, Inc. (GBX) Ex-Dividend Date Scheduled for November 08, 2016” published on November 07, 2016, Fool.com published: “Why Shares of Greenbrier Companies Inc Plunged Last Month” on February 09, 2016. More interesting news about Greenbrier Companies Inc (NYSE:GBX) were released by: Prnewswire.com and their article: “The Greenbrier Companies, Inc. Announces Redemption of Remaining 2.375 …” published on July 18, 2016 as well as Prnewswire.com‘s news article titled: “The Greenbrier Companies Announces Formation of Regulatory Services Group” with publication date: September 08, 2016.

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