Somewhat Favorable Press Coverage Somewhat Unlikely to Impact GATX (GATX) Share Price

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Press coverage about GATX (NYSE:GATX) has trended somewhat positive on Wednesday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. GATX earned a news impact score of 0.04 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 44.818253270078 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:

Shares of GATX opened at $71.22 on Wednesday, according to Marketbeat. The company has a market capitalization of $2.66 billion, a P/E ratio of 15.15, a price-to-earnings-growth ratio of 1.02 and a beta of 1.25. GATX has a 52-week low of $56.00 and a 52-week high of $76.26. The company has a debt-to-equity ratio of 2.38, a current ratio of 3.08 and a quick ratio of 3.08.

GATX (NYSE:GATX) last released its quarterly earnings results on Thursday, April 19th. The transportation company reported $1.98 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.17 by $0.81. The company had revenue of $305.30 million during the quarter, compared to analyst estimates of $304.46 million. GATX had a return on equity of 12.45% and a net margin of 38.12%. The firm’s revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the business posted $1.44 earnings per share. equities analysts forecast that GATX will post 4.7 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Saturday, June 30th. Investors of record on Friday, June 15th will be given a $0.44 dividend. The ex-dividend date of this dividend is Thursday, June 14th. This represents a $1.76 annualized dividend and a yield of 2.47%. GATX’s dividend payout ratio is currently 37.45%.

Several equities analysts recently issued reports on the company. ValuEngine lowered GATX from a “buy” rating to a “hold” rating in a research report on Wednesday, June 13th. Zacks Investment Research upgraded GATX from a “hold” rating to a “buy” rating and set a $77.00 price objective for the company in a research report on Monday, April 23rd. Finally, Stifel Nicolaus boosted their price objective on GATX from $65.00 to $66.00 and gave the company a “hold” rating in a research report on Friday, April 20th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $70.20.

GATX Company Profile

GATX Corporation leases, operates, manages, and remarkets assets in the rail and marine markets in North America and internationally. The company operates through four segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management. The Rail North America segment primarily leases railcars and locomotives.

Insider Buying and Selling by Quarter for GATX (NYSE:GATX)

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