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.
Several price targets were given for GATX by the analysts covering the stock. The most optimistic price target was 71, which equates to a potential upside of 15.79 percent. The most pessimistic analyst gave a price target of 56, implying a possible loss of -8.68 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -9.72 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -9.72 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.98 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.98 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 4 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
The growth rate of GATX's earnings is estimated by analysts to be -21.81 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of GATX is -0.48.
In the last 52-weeks, GATX has achieved a high of 66.30 and a low of 40.66. The current market price is above the trailing year's low by 50.81 percent, 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 stock has a market capitalization of $2.39 billion. GATX will post this quarters earnings in days, on 0000-00-00.