Major U.S. stock indices witnessed an upside on Aug 21, reflecting investors’ optimism about a possible rate cut expected in the next Fed meeting. Notably, the Fed minutes of the July 2024 meeting, published yesterday, indicate that the Federal Reserve has moved closer to a long-awaited interest rate reduction.This might lure investors into rushing to buy some stocks, with hopes for future growth seeming bright. However, keeping in mind the volatile situation of the world economy lately, it is advisable to ...

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Greenbrier Companies (GBX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.Greenbrier Companies is a member of the Transportation sector. This group in ...

For Immediate ReleaseChicago, IL – August 5, 2024 – Today, Zacks Equity Research discusses Wabtec Corp. (WAB) , The Greenbrier Companies, Inc. (GBX) and Ryder System (R) .Industry: Transportation - Equipment LeasingLink: https://www.zacks.com/commentary/2315544/3-stocks-to-watch-from-the-transport-equipment-leasing-industryThe Zacks Transportation - Equipment and Leasing industry currently stands to benefit from the solid investor-friendly steps. Notably, consistent shareholder-friendly initiatives in the f ...

LAKE OSWEGO, Ore., July 30, 2024 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) today remembers Board member Patrick J. Ottensmeyer, who passed away this past weekend at age 67. The Company extends its deepest condolences to his family and friends.Patrick OttensmeyerOttensmeyer had served on Greenbrier's Board since 2023, bringing decades of industry and international relations expertise. Ottensmeyer served as President and CEO of Kansas City Southern (KCS), a Class I railroad, from 2015 to 2023 ...

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? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best ret ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe ...

A downtrend has been apparent in Greenbrier Companies (GBX) lately with too much selling pressure. The stock has declined 14.8% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicat ...

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 results certainly aren’t reasons for its price to drop more than 10%, which is why the stock price correction in GBX is a good buying opportunity to load up on more shares.Greenbrier Companies TodayGBXGreenbrier Companies$44.08 -4.48 (-9.22%) 52-Week Range$32.00▼$58.00Dividend Yield2.72%P/E Ratio12.97Price Target ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock without par value GBX New York Stock Exchange Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended May 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for th ...

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 ...