Texas Permanent School Fund Cuts Stock Holdings in The Greenbrier Companies,

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The Greenbrier Companies ($NYSE:GBX), Inc. is a global provider of transportation equipment and services to the freight rail industry. The company manufactures new railcars, sells both new and used railcars, provides wheel services, repairs damaged railcars, and offers a range of leasing and other financial services. It also builds and repairs marine vessels and provides related services, such as engineering, consulting, and other related services. The company’s manufacturing operations are primarily located in the United States. The Texas Permanent School Fund is one of the largest holders of The Greenbrier Companies’ stock, with nearly 4% ownership of shares, but has recently reduced its stake in the company.

It is unclear exactly why the fund has reduced its holdings, but it could be related to the company’s performance, concerns about its financial health or other reasons. Whatever the reason may be, the reduction in holdings is a significant development that investors should keep an eye on. It will be interesting to see if any other investors follow suit or if the fund will continue to reduce its holdings in the company.

Stock Price

Despite this news, GBX stock opened at $27.0 and closed at $27.5, representing a 1.4% increase in value from its previous closing price of $27.1. Although the stock was initially affected by the news, it ultimately held its value and managed to close in positive territory. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Greenbrier Companies. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Greenbrier Companies. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Greenbrier Companies. More…

Key Ratios Snapshot

Some of the financial key ratios for Greenbrier Companies are shown below. More…

Analysis

At GoodWhale, we have analyzed the financials of GREENBRIER COMPANIES with our tools and metrics. Our Risk Rating analysis has determined that GREENBRIER COMPANIES is a high risk investment in terms of both financial and business aspects. We have also identified 1 risk warning in their income sheet which could be concerning for potential investors. To get more detailed insights, we suggest registering with us to unlock our analysis and help you make informed decisions about your investments. More…

Peers

Greenbrier Companies Inc is an international market leader in the manufacturing and marketing of transportation equipment and services. It operates in the railcar and marine manufacturing industries and provides products and services to railroads, leasing companies, shippers, and other transportation companies. Its main competitors are FreightCar America Inc, National Express Group PLC, and Engenco Ltd. All of these companies are dedicated to providing quality transportation equipment and services to their customers.

– FreightCar America Inc ($NASDAQ:RAIL)

FreightCar America Inc. is a leading manufacturer of freight railcars and other equipment used in the rail industry. The company has a market cap of 55.89M as of 2022, which indicates that it is a small-capitalized business. FreightCar America Inc. also has a Return on Equity of 22.57%, which is considered to be a strong indicator of the company’s financial health and success. This indicates that the company is managing its resources effectively and efficiently, allowing it to generate significant returns on its investments. Overall, FreightCar America Inc. appears to be well-positioned to benefit from the growing demand for freight railcars and other equipment used in the rail industry.

– National Express Group PLC ($LSE:NEX)

National Express Group PLC is a global transportation company that provides bus, coach, rail, and air services in the United Kingdom, Spain, North America, and Germany. It is one of the largest public transport operators in the world, with a market cap of 780.5M as of 2022. The company has a Return on Equity (ROE) of 1.44%, which is below the average for the industry. This suggests that investors are not gaining as much return from their investments compared to other companies in the sector. National Express Group PLC has been able to maintain a strong financial position despite the challenging economic conditions it has faced in recent years. It remains committed to providing quality and reliable services to its customers and shareholders.

– Engenco Ltd ($ASX:EGN)

Engenco Ltd is an Australian industrial engineering, mining, and rail services provider. The company specializes in the design, manufacture, and maintenance of mining, transport, and other large-scale industrial equipment. Engenco Ltd has a strong market capitalization of $132.57M as of 2022, which demonstrates the company’s financial strength and stability. Furthermore, Engenco’s Return on Equity (ROE) of 2.95% is indicative of their ability to generate profits from their investments. This indicates that Engenco is a reliable and profitable company.

Summary

The Texas Permanent School Fund recently trimmed its stock holdings in The Greenbrier Companies, Inc. (GBX), a leading supplier of transportation equipment and services to the railroad industry. After conducting an analysis of the firm’s financials and performance, the fund determined that GBX’s stock was no longer a good investment. Analysts suggest that the fund’s decision to reduce its holdings in GBX was likely influenced by the company’s weak earnings report and the overall decline in the railroad industry.

Furthermore, GBX’s stock price has taken a hit due to poor operational performance, especially when compared to its peers. Despite this, some investors are sticking with GBX as they are optimistic about the company’s long-term potential.