GATX (NYSE:GATX) Announces Quarterly Earnings Results, Beats Expectations By $0.25 EPS

GATX (NYSE:GATX) released its earnings results on Thursday. The transportation company reported $1.93 EPS for the quarter, beating 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 quarter in the previous year, the business posted $1.74 EPS. GATX updated its FY 2025 guidance to 8.300-8.700 EPS.

GATX Trading Up 3.9 %

Shares of NYSE:GATX opened at $167.66 on Friday. 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 stock has a market capitalization of $5.95 billion, a price-to-earnings ratio of 22.41 and a beta of 0.99. GATX has a 1-year low of $120.14 and a 1-year high of $167.83. The company has a 50 day moving average price of $157.80 and a 200 day moving average price of $145.22.

Wall Street Analysts Forecast Growth

GATX has been the topic of several recent analyst reports. Sidoti cut GATX from a “buy” rating to a “neutral” rating and set a $158.00 target price on the stock. in a report on Wednesday, December 4th. Susquehanna boosted their price objective on GATX from $122.00 to $140.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Finally, The Goldman Sachs Group assumed coverage on GATX in a research note on Monday, November 18th. They set a “buy” rating and a $185.00 target price for the company.

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.