GATX (NYSE:GATX) Announces Earnings Results

GATX (NYSE:GATX) announced its earnings results on Thursday. The transportation company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.68 by $0.25, RTT News reports. GATX had a net margin of 17.76% and a return on equity of 11.98%. During the same period in the previous year, the business earned $1.74 earnings per share. GATX updated its FY 2025 guidance to 8.300-8.700 EPS.

GATX Stock Performance

GATX stock opened at $167.66 on Friday. The stock has a market cap of $5.95 billion, a P/E ratio of 22.41 and a beta of 0.99. The company has a debt-to-equity ratio of 3.41, a quick ratio of 3.41 and a current ratio of 3.41. The firm has a 50 day simple moving average of $157.80 and a 200 day simple moving average of $145.22. GATX has a 52 week low of $120.14 and a 52 week high of $167.83.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on GATX shares. The Goldman Sachs Group started coverage on shares of GATX in a research report on Monday, November 18th. They issued a “buy” rating and a $185.00 price target for the company. Sidoti lowered GATX from a “buy” rating to a “neutral” rating and set a $158.00 target price for the company. in a report on Wednesday, December 4th. Finally, Susquehanna lifted their price target on GATX from $122.00 to $140.00 and gave the company a “neutral” rating in a report on Monday, October 21st.

About GATX

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.