Gatx Corporation Stock Today

GATX Stock  USD 129.88  1.52  1.16%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 6

 
100  
 
Zero
Low
GATX is trading at 129.88 as of the 19th of March 2024; that is -1.16 percent down since the beginning of the trading day. The stock's open price was 131.4. GATX has only a 6 % chance of going through financial distress over the next few years and had a ok performance during the last 90 days. Equity ratings for GATX Corporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
5th of November 1987
Category
Industrials
GATX Corporation operates as railcar leasing company in the United States and internationally. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois. GATX Corp operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. The company has 35.46 M outstanding shares of which 1.24 M shares are currently shorted by private and institutional investors with about 8.72 trading days to cover. More on GATX Corporation

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GATX Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GATX's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GATX or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanBrian Kenney
Business ConcentrationTrading Companies & Distributors, Rental & Leasing Services, Industrials, NYSE Composite, SP Midcap 400, Industrials, Trading Companies & Distributors, Rental & Leasing Services, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering GATX report their recommendations after researching GATX's financial statements, talking to executives and customers, or listening in on GATX's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering GATX. The GATX consensus assessment is calculated by taking the average forecast from all of the analysts covering GATX.
Financial Strength
Based on the key measurements obtained from GATX's financial statements, GATX Corporation may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of GATX is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.120.1216
Fairly Down
Slightly volatile
Gross Profit Margin0.550.4588
Fairly Up
Very volatile
Total Current Liabilities857.1 M816.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.6 B8.5 B
Way Down
Slightly volatile
Total Assets6.2 B11.6 B
Way Down
Slightly volatile
Total Current Assets638.7 M669.2 M
Sufficiently Down
Slightly volatile
Total Cash From Operating Activities403 M520.4 M
Significantly Down
Slightly volatile
GATX's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GATX's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
GATX's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of GATX's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GATX's financial leverage. It provides some insight into what part of GATX's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on GATX's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how GATX deploys its capital and how much of that capital is borrowed.
Liquidity
GATX cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 7.63 B in liabilities with Debt to Equity (D/E) ratio of 3.42, implying the company greatly relies on financing operations through barrowing. GATX has a current ratio of 3.79, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist GATX until it has trouble settling it off, either with new capital or with free cash flow. So, GATX's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GATX sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GATX to invest in growth at high rates of return. When we think about GATX's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

403.04 Million
GATX Corporation (GATX) is traded on New York Stock Exchange in USA. It is located in 233 South Wacker Drive, Chicago, IL, United States, 60606-7147 and employs 2,020 people. GATX is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.62 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GATX's market, we take the total number of its shares issued and multiply it by GATX's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. GATX conducts business under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 35.46 M outstanding shares of which 1.24 M shares are currently shorted by private and institutional investors with about 8.72 trading days to cover. GATX Corporation currently holds about 596.3 M in cash with 520.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.93.
Check GATX Probability Of Bankruptcy
Ownership Allocation
GATX secures a total of 35.46 Million outstanding shares. The majority of GATX outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in GATX to benefit from reduced commissions. Thus, third-party entities are subject to a different set of regulations than regular investors in GATX Corporation. Please pay attention to any change in the institutional holdings of GATX as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check GATX Ownership Details

GATX Stock Price Odds Analysis

Based on a normal probability distribution, the odds of GATX jumping above the current price in 90 days from now is about 10.5%. The GATX Corporation probability density function shows the probability of GATX stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.3603. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, GATX will likely underperform. Additionally, the company has an alpha of 0.0288, implying that it can generate a 0.0288 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 129.88HorizonTargetOdds Above 129.88
89.38%90 days
 129.88 
10.50%
Based on a normal probability distribution, the odds of GATX to move above the current price in 90 days from now is about 10.5 (This GATX Corporation probability density function shows the probability of GATX Stock to fall within a particular range of prices over 90 days) .

GATX Stock Institutional Holders

Institutional Holdings refers to the ownership stake in GATX that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GATX's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing GATX's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
772.3 K
Northern Trust Corp2023-12-31
659.9 K
American Century Companies Inc2023-12-31
578.4 K
Hhg Plc2023-12-31
575.7 K
Charles Schwab Investment Management Inc2023-12-31
447.4 K
Vaughan Nelson Scarbrgh & Mccullough Lp2023-12-31
417.2 K
Bank Of New York Mellon Corp2023-12-31
381 K
Clearbridge Advisors, Llc2023-12-31
369.3 K
Norges Bank2023-12-31
342 K
State Farm Mutual Automobile Ins Co2023-12-31
5.7 M
Blackrock Inc2023-12-31
4.7 M
View GATX Diagnostics

GATX Historical Income Statement

GATX Corporation Income Statement is one of the three primary financial statements used for reporting GATX's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of GATX revenue and expense. GATX Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, GATX's Interest Expense is fairly stable compared to the past year. Operating Income is likely to rise to about 1.2 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 237.4 M in 2024. View More Fundamentals

GATX Stock Against Markets

Picking the right benchmark for GATX stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GATX stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GATX is critical whether you are bullish or bearish towards GATX Corporation at a given time. Please also check how GATX's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GATX without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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GATX Corporate Directors

GATX corporate directors refer to members of a GATX board of directors. The board of directors generally takes responsibility for the GATX's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of GATX's board members must vote for the resolution. The GATX board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Stephen WilsonIndependent DirectorProfile
Anne ArviaIndependent DirectorProfile
David SutherlandLead Independent DirectorProfile
Christopher LaHurdDirector of Investor RelationsProfile

How to buy GATX Stock?

Before investing in GATX, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GATX. To buy GATX stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of GATX. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase GATX stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located GATX Corporation stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased GATX Corporation stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as GATX Corporation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy GATX Stock please use our How to Invest in GATX guide.

Already Invested in GATX Corporation?

The danger of trading GATX Corporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GATX is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GATX. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GATX is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether GATX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GATX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gatx Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gatx Corporation Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GATX Corporation. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is GATX's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GATX. If investors know GATX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GATX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.331
Dividend Share
2.2
Earnings Share
7.12
Revenue Per Share
39.521
Quarterly Revenue Growth
0.143
The market value of GATX is measured differently than its book value, which is the value of GATX that is recorded on the company's balance sheet. Investors also form their own opinion of GATX's value that differs from its market value or its book value, called intrinsic value, which is GATX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GATX's market value can be influenced by many factors that don't directly affect GATX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GATX's value and its price as these two are different measures arrived at by different means. Investors typically determine if GATX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GATX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.