GATX (NYSE:GATX – Get Free Report) posted its quarterly earnings results on Thursday. The transportation company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter last year, the company earned $1.74 EPS. GATX updated its FY 2025 guidance to 8.300-8.700 EPS.
GATX Stock Up 4.5 %
Shares of NYSE GATX opened at $161.39 on Friday. GATX has a 12-month low of $120.14 and a 12-month high of $167.74. 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 firm has a market cap of $5.73 billion, a PE ratio of 21.58 and a beta of 0.99. The company’s fifty day simple moving average is $157.28 and its 200 day simple moving average is $144.88.
Analyst Upgrades and Downgrades
Several analysts have issued reports on GATX shares. Susquehanna upped 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. Sidoti cut GATX from a “buy” rating to a “neutral” rating and set a $158.00 price target on the stock. in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group assumed coverage on shares of GATX in a report on Monday, November 18th. They issued a “buy” rating and a $185.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, GATX has a consensus rating of “Hold” and a consensus target price 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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