GATX Corporation (NYSE:GATX) shares fell to a low of $95.52 before closing at $97.13. Intraday shares traded counted 0.14 million, which was 35.67% higher than its 30-day average trading volume of 223.81K. GATX’s previous close was $96.77 while the outstanding shares total 35.00M. The firm has a beta of 1.03, a 12-month trailing P/E ratio of 22.91, and a growth ratio of 1.91. The stock’s Relative Strength Index (RSI) is 69.10, with weekly volatility at 2.37% and ATR at 2.78. The GATX stock’s 52-week price range has touched low of $50.69 and a $99.18 high. The stock traded higher over the last trading session, gaining 0.37% on 02/11/21.
Investors have identified the Rental & Leasing Services company GATX Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.33 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
GATX Corporation (GATX) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 587.5 million total, with 139.2 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 5.25 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GATX sounds very interesting.
Is the stock of GATX attractive?
In related news, Exec. VP & Chief HR Officer, Conniff James M. sold 8,500 shares of the company’s stock in a transaction that recorded on Feb 05. The sale was performed at an average price of 95.06, for a total value of 808,020. As the sale deal closes, the Sr. VP & Chief Comm. Off., Zmudka Robert now sold 4,400 shares of the company’s stock, valued at 418,494. Also, SVP, Chief Tax Officer, Young Jeffery R. sold 201 shares of the company’s stock in a deal that was recorded on Feb 01. The shares were price at an average price of 91.65 per share, with a total market value of 18,422. Following this completion of acquisition, the SVP & CIO, Adedoyin Niyi now holds 18,633 shares of the company’s stock, valued at 1,705,472. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.60%.
2 out of 4 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on GATX Corporation. 0 analysts has assigned a Sell rating on the GATX stock. The 12-month mean consensus price target for the company’s shares has been set at $90.75.