News headlines about GATX (NYSE:GATX) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. GATX earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 45.6714031856992 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
GATX (NYSE:GATX) traded up $0.22 during trading hours on Wednesday, hitting $69.02. The company had a trading volume of 164,711 shares, compared to its average volume of 365,542. GATX has a 12-month low of $55.82 and a 12-month high of $73.25. The company has a debt-to-equity ratio of 2.45, a quick ratio of 3.32 and a current ratio of 3.32. The firm has a market capitalization of $2,656.58, a PE ratio of 5.36, a PEG ratio of 1.02 and a beta of 1.23.
GATX (NYSE:GATX) last posted its quarterly earnings results on Thursday, January 18th. The transportation company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.72 by ($0.04). The company had revenue of $352.80 million during the quarter, compared to analyst estimates of $347.90 million. GATX had a net margin of 36.46% and a return on equity of 12.15%. GATX’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.14 EPS. sell-side analysts forecast that GATX will post 4.57 EPS for the current year.
A number of equities analysts recently weighed in on GATX shares. Citigroup upped their price target on GATX from $71.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, January 24th. Zacks Investment Research raised GATX from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a report on Wednesday, December 27th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $60.00 price target (up previously from $56.00) on shares of GATX in a report on Monday, January 22nd. Cowen reissued a “market perform” rating and set a $69.00 target price (up previously from $61.00) on shares of GATX in a report on Friday, January 19th. Finally, Seaport Global Securities started coverage on GATX in a report on Thursday, January 4th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. GATX has a consensus rating of “Hold” and an average price target of $67.40.
In other news, EVP James F. Earl sold 3,536 shares of the firm’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $71.56, for a total transaction of $253,036.16. Following the completion of the transaction, the executive vice president now directly owns 31,618 shares in the company, valued at $2,262,584.08. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Chairman Brian A. Kenney sold 20,112 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $71.24, for a total value of $1,432,778.88. The disclosure for this sale can be found here. Insiders sold 48,578 shares of company stock valued at $3,452,793 over the last quarter. 3.50% of the stock is currently owned by company insiders.
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GATX Company Profile
GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and Asia. In addition, the Company operates fleet of the United States-flagged vessels on the Great Lakes and jointly with Rolls-Royce plc, it owns aircraft spare engine lease portfolios in the world. It operates through four business segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management.
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