GATX Corp. Stock Rating Reaffirmed by Zacks (GMT)
GATX Corp. (NYSE:GMT)‘s stock had its “neutral” rating reiterated by Zacks in a research report issued on Tuesday, AnalystRatingsNetwork.com reports. They currently have a $48.00 price objective on the stock. Zacks‘ price target would suggest a potential upside of 4.03% from the company’s current price.
GATX Corp. (NYSE:GMT) traded down 0.42% on Tuesday, hitting $45.946. 70,464 shares of the company’s stock traded hands. GATX Corp. has a 52-week low of $39.83 and a 52-week high of $54.19. The stock’s 50-day moving average is $46.81 and its 200-day moving average is $48.37. The company has a market cap of $2.123 billion and a price-to-earnings ratio of 15.08.
GATX Corp. (NYSE:GMT) last announced its earnings results on Thursday, July 18th. The company reported $0.68 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.85 by $0.17. The company had revenue of $338.90 million for the quarter, compared to the consensus estimate of $342.76 million. During the same quarter last year, the company posted $0.49 earnings per share. GATX Corp.’s revenue was up 4.9% compared to the same quarter last year.
GATX Corporation (NYSE:GMT) leases, operates, manages and remarkets long-lived, widely-used assets, primarily in the rail and marine markets.
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