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.
GATX was given price targets by several analysts. The most optimistic price target was 71, implying a possible profit of 15.79 percent. The lowest price target was 56, implying a possible loss of -8.68 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -9.72 percent. That number becomes -9.72 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.98 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, while 4 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of GATX to grow at a rate of -21.81 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of GATX is -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 7.51 percent below the high. 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 stock has a market capitalization of $2.39 billion. GATX will post this quarters earnings in days, on 0000-00-00.