GATX Corp. (NYSE: GATX) has reported earnings for its third fiscal quarter (ending September 30) of $2.44 versus $1.44 for the same period a year ago. E.P.S. were $7.52 for the latest four quarters through September 30 versus $6.70 for the same period a year ago.
Recent Price Action
On 10/22/24, GATX Corp. (NYSE: GATX) stock enjoyed a very large increase of 6.7%, closing at $139.87. Moreover, this advance was accompanied by exceptionally high trading volume at 259% of normal. The stock has performed in line with the market over the last nine months and has risen 3.5% during the last week.
Current PriceTarget Research Rating
GATX’s future returns on capital are forecasted to exceed 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 (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. GATX has a neutral Appreciation Score of 54 and a slightly positive Power Rating of 66, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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