The Greenbrier panies(GBX)
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Despite Fast-paced Momentum, Greenbrier (GBX) Is Still a Bargain Stock
ZACKS· 2024-11-14 14:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
Greenbrier to webcast presentation at the 2024 Stephens Annual Investment Conference
Prnewswire· 2024-11-13 22:36
Company Overview - Greenbrier Companies, Inc. is a leading international supplier of equipment and services to global freight transportation markets [3] - The company designs, builds, and markets freight railcars in North America, Europe, and Brazil through its wholly-owned subsidiaries and joint ventures [3] - Greenbrier operates a lease fleet of approximately 15,500 railcars, primarily originating from its manufacturing operations [3] Upcoming Event - Greenbrier will present at the 2024 Stephens Annual Investment Conference on November 20, 2024, in Nashville, Tennessee [1] - The presentation will be webcast live starting at 10:00 am CT, and listeners can access it via the Greenbrier website [2] - The webcast will be archived for 90 days for later access [2]
Greenbrier Issues 2024 Sustainability Update
Prnewswire· 2024-11-13 21:40
Core Insights - The Greenbrier Companies, Inc. released its 2024 Sustainability Update titled "On Track Together," highlighting key sustainability issues across various domains [1][3] - The report emphasizes the company's commitment to sustainability through various initiatives and recognitions received from stakeholders [3] Sustainability Performance - In fiscal 2024, Greenbrier's renewable energy usage reached 35% across the U.S. [2] - The company reused, reclaimed, or recycled 25,000 tons of materials through its railcar restoration activities [2] - The share of recycled steel purchased for new railcar manufacturing increased to 56% [2] - Local communities benefited from nearly $800,000 in charitable contributions from Greenbrier [2] Employee Engagement - Greenbrier achieved a global employee response rate of 94% in its 2024 survey, which aimed to gather feedback and insights for improvement [2] Risk Management and Compliance - A third-party automated risk management system was introduced to ensure compliance with international laws and regulations [2] Awards and Recognitions - Greenbrier received multiple sustainability awards in 2024, including recognitions from Canadian National Railway, Union Pacific, and Newsweek [2][3] Reporting Framework - The report follows the Sustainability Accounting Standards Board (SASB) framework and references the United Nations Sustainable Development Goals (UN SDGs) [3] - Greenbrier plans to transition to the International Sustainability Standards Board's (ISSB) new International Financial Reporting Standards (IFRS) for sustainability-related disclosures [3]
Buy These 5 Price-to-Book Value Stocks in November
ZACKS· 2024-11-13 21:01
Value investors have preferred the price-to-earnings ratio or P/E since time immemorial as a means to identify value stocks. However, in the case of loss-making companies that have a negative price-to-earnings ratio, the price-to-sales or P/S ratio is considered while determining their true value.However, the price-to-book ratio (P/B ratio), though used less often, is also an easy-to-use valuation tool for identifying low-priced stocks with great returns.P/B is the ratio of stock price to book value.It is c ...
Best Growth Stocks to Buy for November 13th
ZACKS· 2024-11-13 12:31
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 13:Pitney Bowes Inc. (PBI) : This shipping and mailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.Pitney Bowes has a PEG ratio of 1.40 compared with 3.47 for the industry. The company possesses a Growth Score of A.The Greenbrier Companies, Inc. (GBX) : This railroad freight car equipment compa ...
Best Growth Stocks to Buy for November 11th
ZACKS· 2024-11-11 07:15
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 11:The Greenbrier Companies, Inc. (GBX) : This railroad freight car equipment company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days.The Greenbrier Companies has a PEG ratio of 0.53 compared with 1.67 for the industry. The company possesses a Growth Score of A.Pitney Bowes Inc. (PBI) : This shipping and ...
5 Dividend Growth Stocks to Buy on Trump Win & Fed Rate Cut
ZACKS· 2024-11-08 15:41
Donald Trump’s win and the Fed’s second rate cut this year have brought back the lure for dividend investing. Trump's pro-growth policies are expected to drive inflation higher and dividend-paying stocks can serve as a hedge against inflation. Meanwhile, the Fed cut rates by 25 bps after a 50-bps cut in September. The lower rates have made dividend investing tempting. While several dividend stocks could provide capital appreciation, zeroing in on stocks with a history of dividend growth leads to a healthy p ...
Greenbrier (GBX) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-10-28 13:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...
Zacks Industry Outlook Wabtec, The Greenbrier and Ryder System
ZACKS· 2024-10-28 08:58
For Immediate Release Chicago, IL – October 28, 2024 – Today, Zacks Equity Research Wabtec Corp. (WAB) , The Greenbrier Companies, Inc. (GBX) and Ryder System (R) . Industry: Transportation Equipment Link: https://www.zacks.com/commentary/2358014/3-stocks-to-watch-from-the-transport-equipment-leasingindustry The Zacks Transportation - Equipment and Leasing industry currently stands to benefit from solid investorfriendly steps. Notably, consistent shareholder-friendly initiatives in the form of dividend payo ...
3 Stocks to Watch From the Transport Equipment & Leasing Industry
ZACKS· 2024-10-25 18:36
Core Viewpoint - The Zacks Transportation - Equipment and Leasing industry is positioned to benefit from shareholder-friendly initiatives, despite facing challenges such as inflation, high interest rates, and supply-chain disruptions [1][5]. Industry Overview - The industry encompasses companies that provide equipment financing, leasing, and supply-chain management services, including aircraft, railcar, and intermodal container lessors [2]. - Key customer sectors include automotive, electronics, transportation, grocery, lumber, food service, and home furnishing [2]. Key Trends Influencing the Industry - **Shareholder Returns**: Companies are reactivating shareholder-friendly measures, with GATX announcing a 5.5% dividend increase and Wabtec a 17.6% increase, alongside a $1 billion share buyback authorization [3][4]. - **Economic Uncertainty**: The Federal Reserve's interest rate cut has not alleviated inflation concerns, which remain above the target, impacting finance costs and potentially weakening borrowing activities [5]. - **Supply-Chain Issues**: Ongoing supply-chain disruptions and high operating costs are limiting growth, with costs expected to remain elevated [6]. Industry Performance - The Zacks Transportation - Equipment and Leasing industry has outperformed the S&P 500 and broader sector over the past year, gaining 69.4% compared to the S&P 500's 40.5% [8]. - The industry currently trades at a forward P/E ratio of 13.83X, below the S&P 500's 22.06X and the sector's 16.35X [9]. Company Highlights - **Wabtec Corporation (WAB)**: Expected EPS for 2024 is between $7.45 and $7.65, with a growth rate of 26.86%. The company has a strong earnings surprise history, exceeding estimates in three of the last four quarters [10][11]. - **The Greenbrier Companies, Inc. (GBX)**: Expected earnings growth rate for 2024 is 46.46%, with a solid earnings surprise history, outperforming estimates in two of the last four quarters [12]. - **Ryder System (R)**: The company has a consistent dividend payment history of over 48 years and has outperformed earnings estimates in all four recent quarters [13].