Shares of Genesee & Wyoming Inc (NYSE:GWR) have received an average rating of “Hold” from the twelve analysts that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $102.81.
A number of equities analysts have recently commented on the company. Credit Suisse Group reaffirmed a “sell” rating and issued a $6.00 price target on shares of Deutsche Bank in a report on Monday, July 1st. Bank of America lowered Genesee & Wyoming from a “neutral” rating to an “underperform” rating and set a $88.65 price target for the company. in a report on Tuesday, April 30th. Stifel Nicolaus raised their price target on Equinix from $505.00 to $542.00 and gave the stock a “buy” rating in a report on Monday, July 1st. Stephens set a $112.00 price target on Genesee & Wyoming and gave the stock a “hold” rating in a report on Monday, July 1st. Finally, Raymond James reaffirmed an “average” rating and issued a $23.00 price target on shares of in a report on Monday, April 15th.
A number of large investors have recently bought and sold shares of the stock. FMR LLC boosted its stake in Genesee & Wyoming by 14.1% during the fourth quarter. FMR LLC now owns 3,534,262 shares of the transportation company’s stock valued at $261,606,000 after buying an additional 436,218 shares during the period. Dimensional Fund Advisors LP boosted its stake in Genesee & Wyoming by 2.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,625,037 shares of the transportation company’s stock valued at $120,287,000 after buying an additional 34,236 shares during the period. Nuveen Asset Management LLC lifted its stake in Genesee & Wyoming by 23.4% during the fourth quarter. Nuveen Asset Management LLC now owns 418,303 shares of the transportation company’s stock worth $30,963,000 after purchasing an additional 79,319 shares during the last quarter. Norges Bank bought a new stake in Genesee & Wyoming during the fourth quarter worth about $27,752,000. Finally, Janus Henderson Group PLC lifted its stake in Genesee & Wyoming by 2.3% during the first quarter. Janus Henderson Group PLC now owns 362,271 shares of the transportation company’s stock worth $31,568,000 after purchasing an additional 8,135 shares during the last quarter. 91.79% of the stock is owned by institutional investors.
Genesee & Wyoming (NYSE:GWR) last posted its quarterly earnings results on Tuesday, April 30th. The transportation company reported $0.78 EPS for the quarter, missing the Zacks’ consensus estimate of $0.81 by ($0.03). Genesee & Wyoming had a return on equity of 6.32% and a net margin of 8.92%. The company had revenue of $558.10 million during the quarter, compared to the consensus estimate of $566.71 million. During the same period in the previous year, the business earned $0.70 earnings per share. Genesee & Wyoming’s revenue was up 1.9% on a year-over-year basis. As a group, equities research analysts predict that Genesee & Wyoming will post 4.34 earnings per share 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.
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