GATX (NYSE:GATX – Get Free Report) posted its earnings results on Thursday. The transportation company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.25, RTT News reports. GATX had a net margin of 17.76% and a return on equity of 11.98%. During the same period last year, the firm posted $1.74 EPS. GATX updated its FY 2025 guidance to 8.300-8.700 EPS.
GATX Price Performance
Shares of NYSE GATX opened at $161.39 on Friday. The company has a market capitalization of $5.73 billion, a PE ratio of 21.58 and a beta of 0.99. The company has a quick ratio of 3.41, a current ratio of 3.41 and a debt-to-equity ratio of 3.41. The stock’s 50 day moving average price is $157.28 and its 200-day moving average price is $144.88. GATX has a twelve month low of $120.14 and a twelve month high of $167.74.
Analyst Ratings Changes
A number of brokerages have commented on GATX. Sidoti lowered GATX from a “buy” rating to a “neutral” rating and set a $158.00 price objective for the company. in a report on Wednesday, December 4th. The Goldman Sachs Group began coverage on GATX in a report on Monday, November 18th. They set a “buy” rating and a $185.00 price target for the company. Finally, Susquehanna raised their price objective on GATX from $122.00 to $140.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, GATX currently has a consensus rating of “Hold” and a consensus price target of $151.80.
About GATX
GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.
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