Analyst Ratings for GATX Corp. (GATX)Updated: 2017-07-27
Shares of GATX Corp. (NYSE:GATX) have received a consensus rating of Overweight from Wall Street analysts. GATX had previously received a consensus rating of Hold a month ago.
7 analysts issued ratings on the stock, where 2 gave GATX a buy rating, 0 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has decreased by 1.
Investment analysts gave a few price targets for GATX. The maximum price target given was 71, which equates to a potential upside of 15.79 percent. The most pessimistic price target was 56, which equates to a potential downside of -8.68 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -9.72 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -9.72 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.98 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.98 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
The growth rate of GATX's earnings is estimated by analysts to be -21.81 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. GATX has a PEG ratio of -0.48.
GATX has traded between a high of 66.30 and a low of 40.66 over the past year. Today's price is 50.81 percent above the 52-week low, and below the high by 7.51 percent. GATX has a P/E ratio of 10.36. Investors typically compare the P/E ratio to a company's peers in the industry. The GATX value stock report compares GATX to some of its peers using value stock charts. The market cap of GATX is $2.39 billion. GATX will post this quarters earnings in days, on 0000-00-00.