William J. Krueger, Senior Vice President and Chief Operating Officer for The Americas at Greenbrier (NYSE:GBX) Companies Inc. (NYSE:GBX), recently executed a sale of company stock. According to a filing with the Securities and Exchange Commission, Krueger sold a total of 2,000 shares of Greenbrier stock, generating approximately $117,560.
The sale was completed on November 1, with shares sold at prices ranging from $58.72 to $59.46. Following this transaction, Krueger holds 48,714 shares of Greenbrier. The transaction was conducted under a pre-established 10b5-1 trading plan, which Krueger adopted on July 18, 2024.
In other recent news, The Greenbrier Companies reported robust financial performance for the fourth quarter and the full fiscal year of 2024. The company's Q4 EBITDA reached $159 million, and the gross margin increased to 18.2%, marking a 310 basis point sequential rise. Over the entire fiscal year, the gross margin climbed to 15.8%, a significant advancement from the previous fiscal year.
Greenbrier's strategic initiatives aim to double recurring revenue from leasing activities by fiscal 2028 and project new railcar deliveries between 22,500 and 25,000 units for fiscal 2025. The company also declared a quarterly dividend of $0.30 per share and forecasts revenue of $3.35 billion to $3.65 billion for fiscal 2025.
For fiscal 2025, Greenbrier projects an improvement in gross margin to 16% to 16.5% and operating margins between 9.2% and 9.7%. Capital expenditures are planned at approximately $395 million in leasing and management services for the upcoming fiscal year. Despite a shift away from long-term speculative orders from leasing companies in the North American market, Greenbrier achieved a 99% utilization rate of its fleet and invested over $260 million in fiscal 2024.
InvestingPro Insights
The recent stock sale by William J. Krueger comes at a time when Greenbrier Companies Inc . (NYSE:GBX) is experiencing strong market performance. According to InvestingPro data, GBX has seen a remarkable 61.55% price total return over the past year, with a 28.38% return in just the last three months. This upward trend is reflected in the stock's current price, which stands at 93.63% of its 52-week high.
Despite the recent insider sale, InvestingPro Tips suggest that GBX has maintained dividend payments for 11 consecutive years, indicating a commitment to shareholder returns. The company's current dividend yield is 2.04%, which may be attractive to income-focused investors. Additionally, GBX's P/E ratio of 11.57 suggests the stock may be reasonably valued compared to its earnings.
It's worth noting that while GBX operates with a significant debt burden, its liquid assets exceed short-term obligations, potentially mitigating some financial risk. The company's revenue for the last twelve months as of Q4 2024 was $3.54 billion, with a gross profit margin of 15.76%.
Investors interested in a deeper analysis of Greenbrier Companies can access additional InvestingPro Tips, with 7 more tips available on the platform to further inform investment decisions.
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