GBX Stock Summary and Trading Ideas (Greenbrier Companies | NYSE:GBX)

Greenbrier Companies Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe, marine barges in North America and provides wheel services, railcar refurbishment, and parts, leasing and other services to the railroad. Its segments include Manufacturing, Maintenance Services and Leasing & Management Services. The company generates a majority of its revenue from the manufacturing segment. Geographically, it derives a majority of revenue from the United States.

Greenbrier Companies trades on the NYSE stock market under the symbol GBX.

As of April 19, 2024, GBX stock price climbed to $51.87 with 277,431 million shares trading.

GBX has a beta of 1.97, meaning it tends to be more sensitive to market movements. GBX has a correlation of 0.22 to the broad based SPY ETF.

GBX has a market cap of $1.61 billion. This is considered a Small Cap stock.

Last quarter Greenbrier Companies reported $863 million in Revenue and $1.03 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.17.

In the last 3 years, GBX stock traded as high as $58.00 and as low as $23.80.

The top ETF exchange traded funds that GBX belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

GBX has outperformed the market in the last year with a price return of +79.2% while the SPY ETF gained +21.2%. GBX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +18.9% and -1.0%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

GBX support price is $50.16 and resistance is $52.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GBX stock will trade within this expected range on the day.