GATX (NYSE:GATX) updated its FY 2020
Pre-Market earnings guidance on Thursday. The company provided EPS guidance of 5.50-5.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.24. GATX also updated its FY20 guidance to $5.50-5.80 EPS.

A number of research firms have recently issued reports on GATX. ValuEngine lowered shares of GATX from a buy rating to a hold rating in a report on Tuesday, December 17th. Cowen reissued a hold rating and issued a $85.00 price objective on shares of GATX in a report on Tuesday, October 22nd. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. GATX has an average rating of Hold and a consensus price target of $85.75.

Shares of GATX traded up $1.11 during mid-day trading on Thursday, reaching $81.86. The stock had a trading volume of 32,524 shares, compared to its average volume of 271,869. The company has a debt-to-equity ratio of 2.87, a current ratio of 1.65 and a quick ratio of 1.65. GATX has a 52-week low of $69.50 and a 52-week high of $86.01. The business’s fifty day moving average is $81.88 and its 200 day moving average is $78.59. The firm has a market cap of $2.64 billion, a price-to-earnings ratio of 14.54, a P/E/G ratio of 0.98 and a beta of 1.45.

GATX (NYSE:GATX) last posted its earnings results on Tuesday, October 22nd. The transportation company reported $1.25 EPS for the quarter, beating the Zacks’ consensus estimate of $1.17 by $0.08. GATX had a net margin of 14.63% and a return on equity of 10.18%. The company had revenue of $360.70 million for the quarter, compared to analysts’ expectations of $355.55 million. During the same quarter in the prior year, the company posted $1.22 earnings per share. GATX’s revenue for the quarter was up 3.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that GATX will post 5.21 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.46 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.84 dividend on an annualized basis and a yield of 2.25%. GATX’s payout ratio is currently 35.25%.

GATX Company Profile

GATX Corporation leases, operates, manages, and remarkets assets in the rail and marine markets worldwide. The company operates through four segments: Rail North America, Rail International, Portfolio Management, and American Steamship Company (ASC). The Rail North America segment primarily leases railcars and locomotives.

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