We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is The Greenbrier Companies (GBX) Stock Outpacing Its Transportation Peers This Year?
Read MoreHide Full Article
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Greenbrier Companies (GBX - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Greenbrier Companies is one of 135 companies in the Transportation group. The Transportation group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Greenbrier Companies is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for GBX's full-year earnings has moved 18.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that GBX has returned about 49.3% since the start of the calendar year. Meanwhile, the Transportation sector has returned an average of 4.3% on a year-to-date basis. This means that Greenbrier Companies is outperforming the sector as a whole this year.
Matson (MATX - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 49.6%.
The consensus estimate for Matson's current year EPS has increased 25.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Greenbrier Companies belongs to the Transportation - Equipment and Leasing industry, which includes 9 individual stocks and currently sits at #20 in the Zacks Industry Rank. Stocks in this group have gained about 47.1% so far this year, so GBX is performing better this group in terms of year-to-date returns.
In contrast, Matson falls under the Transportation - Services industry. Currently, this industry has 26 stocks and is ranked #159. Since the beginning of the year, the industry has moved -7.4%.
Investors interested in the Transportation sector may want to keep a close eye on Greenbrier Companies and Matson as they attempt to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is The Greenbrier Companies (GBX) Stock Outpacing Its Transportation Peers This Year?
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Greenbrier Companies (GBX - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Greenbrier Companies is one of 135 companies in the Transportation group. The Transportation group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Greenbrier Companies is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for GBX's full-year earnings has moved 18.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Our latest available data shows that GBX has returned about 49.3% since the start of the calendar year. Meanwhile, the Transportation sector has returned an average of 4.3% on a year-to-date basis. This means that Greenbrier Companies is outperforming the sector as a whole this year.
Matson (MATX - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 49.6%.
The consensus estimate for Matson's current year EPS has increased 25.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, Greenbrier Companies belongs to the Transportation - Equipment and Leasing industry, which includes 9 individual stocks and currently sits at #20 in the Zacks Industry Rank. Stocks in this group have gained about 47.1% so far this year, so GBX is performing better this group in terms of year-to-date returns.
In contrast, Matson falls under the Transportation - Services industry. Currently, this industry has 26 stocks and is ranked #159. Since the beginning of the year, the industry has moved -7.4%.
Investors interested in the Transportation sector may want to keep a close eye on Greenbrier Companies and Matson as they attempt to continue their solid performance.