Genesee & Wyoming Inc (GWR) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Genesee & Wyoming Inc (NYSE:GWR) have been assigned a consensus rating of “Hold” from the twelve research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $82.00.

Several brokerages have commented on GWR. Zacks Investment Research cut shares of Genesee & Wyoming from a “buy” rating to a “hold” rating in a research note on Saturday. Stephens lifted their price objective on shares of Genesee & Wyoming from $85.00 to $90.00 and gave the company an “in-line” rating in a research note on Thursday, June 14th. Stifel Nicolaus restated a “buy” rating and set a $90.00 price objective on shares of Genesee & Wyoming in a research note on Saturday, June 2nd. Morgan Stanley lifted their price objective on shares of Genesee & Wyoming to $75.00 and gave the company an “equal weight” rating in a research note on Monday, May 7th. Finally, Credit Suisse Group decreased their price objective on shares of Genesee & Wyoming from $83.00 to $80.00 and set an “outperform” rating for the company in a research note on Wednesday, May 2nd.

In related news, insider Christopher F. Liucci sold 1,000 shares of the business’s stock in a transaction on Monday, July 9th. The shares were sold at an average price of $83.85, for a total value of $83,850.00. Following the completion of the transaction, the insider now directly owns 19,189 shares in the company, valued at approximately $1,608,997.65. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last quarter, insiders sold 3,300 shares of company stock valued at $261,080. Company insiders own 2.41% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. A.R.T. Advisors LLC acquired a new position in shares of Genesee & Wyoming in the 1st quarter valued at $269,000. Gideon Capital Advisors Inc. acquired a new position in shares of Genesee & Wyoming in the 1st quarter valued at $283,000. Xact Kapitalforvaltning AB acquired a new position in shares of Genesee & Wyoming in the 4th quarter valued at $325,000. Jane Street Group LLC lifted its stake in shares of Genesee & Wyoming by 126.9% in the 4th quarter. Jane Street Group LLC now owns 4,256 shares of the transportation company’s stock valued at $335,000 after purchasing an additional 20,099 shares during the period. Finally, D.B. Root & Company LLC acquired a new position in shares of Genesee & Wyoming in the 1st quarter valued at $364,000. Hedge funds and other institutional investors own 95.73% of the company’s stock.

NYSE:GWR traded down $1.48 during trading hours on Friday, hitting $82.59. 266,400 shares of the company were exchanged, compared to its average volume of 492,655. The company has a market cap of $5.14 billion, a PE ratio of 28.38, a P/E/G ratio of 1.26 and a beta of 1.71. Genesee & Wyoming has a 52-week low of $64.31 and a 52-week high of $85.10. The company has a current ratio of 1.42, a quick ratio of 1.30 and a debt-to-equity ratio of 0.60.

Genesee & Wyoming (NYSE:GWR) last released its earnings results on Tuesday, May 1st. The transportation company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.03). Genesee & Wyoming had a return on equity of 5.29% and a net margin of 26.41%. The company had revenue of $547.70 million for the quarter, compared to analysts’ expectations of $572.60 million. During the same period in the prior year, the firm posted $0.53 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. analysts expect that Genesee & Wyoming will post 3.84 EPS for the current fiscal year.

Genesee & Wyoming Company Profile

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

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