Alert: Positive Investment/Fundamental Signals (2/28/24)-GATX Corp. (NYSE: GATX)

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GATX Corp. (NYSE: GATX) has benefited from important positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Recent notable positive changes in investment behavior have benefitted GATX Corp. (NYSE: GATX): the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

GATX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

GATX has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. GATX has a neutral Power Rating of 51 and a neutral Appreciation Score of 51, resulting in the Neutral Value Trend Rating.

Recent Price Action

GATX Corp. (NYSE: GATX) stock closed at $125.19 on 2/28/24 after a slight gain of 0.2%. However, this advance was accompanied by below average trading volume at 69% of normal. The stock is unchanged during the last week and has performed in line with the market over the last nine months.

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