Shares of Genesee & Wyoming, Inc. (NYSE:GWR) have been given a consensus rating of “Hold” by the ten research firms that are covering the firm. Six equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $69.00.
A number of research firms have recently commented on GWR. Cowen and Company dropped their price target on shares of Genesee & Wyoming from $77.00 to $72.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 2nd. Deutsche Bank AG began coverage on shares of Genesee & Wyoming in a research report on Wednesday, November 2nd. They issued a “hold” rating and a $70.00 price target on the stock. Finally, Zacks Investment Research lowered shares of Genesee & Wyoming from a “buy” rating to a “hold” rating in a research report on Monday, October 17th.
In other news, Director Mortimer B. Fuller III sold 28,000 shares of the business’s stock in a transaction on Tuesday, December 20th. The shares were sold at an average price of $71.44, for a total value of $2,000,320.00. Following the sale, the director now owns 53,677 shares in the company, valued at approximately $3,834,684.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John C. Hellmann sold 11,317 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $76.18, for a total transaction of $862,129.06. Following the completion of the sale, the insider now owns 361,611 shares in the company, valued at approximately $27,547,525.98. The disclosure for this sale can be found here. Company insiders own 3.80% of the company’s stock.
Several large investors have recently modified their holdings of GWR. Scopus Asset Management L.P. acquired a new position in Genesee & Wyoming during the third quarter worth about $27,677,000. Vaughan Nelson Investment Management L.P. acquired a new position in Genesee & Wyoming during the third quarter worth about $26,604,000. Peregrine Capital Management LLC acquired a new position in Genesee & Wyoming during the third quarter worth about $21,982,000. Dimensional Fund Advisors LP boosted its position in Genesee & Wyoming by 20.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,145,078 shares of the company’s stock worth $67,496,000 after buying an additional 191,484 shares in the last quarter. Finally, Bank of Montreal Can acquired a new position in Genesee & Wyoming during the second quarter worth about $9,056,000. Institutional investors own 96.55% of the company’s stock.
Shares of Genesee & Wyoming (NYSE:GWR) opened at 72.54 on Tuesday. Genesee & Wyoming has a one year low of $41.56 and a one year high of $80.73. The firm has a market capitalization of $4.21 billion, a PE ratio of 19.35 and a beta of 1.54. The firm’s 50 day moving average is $73.80 and its 200-day moving average is $67.98.
Genesee & Wyoming (NYSE:GWR) last released its quarterly earnings results on Tuesday, November 1st. The company reported $0.95 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.95. Genesee & Wyoming had a net margin of 10.86% and a return on equity of 7.58%. The company had revenue of $501 million for the quarter, compared to analyst estimates of $504.38 million. During the same quarter last year, the firm posted $1.09 earnings per share. The company’s quarterly revenue was down 8.3% compared to the same quarter last year. On average, equities research analysts predict that Genesee & Wyoming will post $3.55 earnings per share for the current fiscal year.
Genesee & Wyoming Company Profile
Genesee & Wyoming Inc owns and operates over 120 freight railroads across the world, which are organized in approximately 10 regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations. In the United States, the Company has over eight regions, such as Central, Coastal (which includes industrial switching and port operations), Midwest, Mountain West (which includes industrial switching operations), Northeast, Ohio Valley, Pacific and Southern.
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