News coverage about GATX (NYSE:GATX) has trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. GATX earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 45.6714031856992 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of GATX (GATX) opened at $70.74 on Tuesday. The company has a market cap of $2,709.34, a P/E ratio of 5.50, a PEG ratio of 1.03 and a beta of 1.25. The company has a current ratio of 3.32, a quick ratio of 3.13 and a debt-to-equity ratio of 2.45. GATX has a 12-month low of $55.82 and a 12-month high of $72.96.
GATX (NYSE:GATX) last announced its earnings results on Thursday, January 18th. The transportation company reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.04). The firm had revenue of $352.80 million during the quarter, compared to analysts’ expectations of $347.90 million. GATX had a net margin of 36.46% and a return on equity of 12.15%. The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.14 EPS. analysts forecast that GATX will post 4.57 earnings per share for the current year.
Several research firms have recently commented on GATX. BidaskClub lowered shares of GATX from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Cowen reaffirmed a “market perform” rating and set a $69.00 price target (up previously from $61.00) on shares of GATX in a research report on Friday, January 19th. Citigroup lifted their price target on shares of GATX from $71.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Seaport Global Securities began coverage on shares of GATX in a research report on Thursday, January 4th. They set a “neutral” rating on the stock. Finally, Zacks Investment Research raised shares of GATX from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research report on Wednesday, December 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $67.40.
In other GATX news, EVP James F. Earl sold 5,177 shares of the business’s stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $69.61, for a total value of $360,370.97. Following the sale, the executive vice president now owns 104,359 shares of the company’s stock, valued at $7,264,429.99. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Deborah A. Golden sold 1,357 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $70.91, for a total value of $96,224.87. Following the completion of the sale, the executive vice president now directly owns 43,318 shares in the company, valued at approximately $3,071,679.38. The disclosure for this sale can be found here. In the last three months, insiders sold 45,524 shares of company stock worth $3,236,942. 3.50% of the stock is owned by corporate insiders.
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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