GATX Corporation (GATX) Receives Daily Media Impact Rating of 0.13
Media stories about GATX Corporation (NYSE:GATX) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GATX Corporation earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 46.3635955713072 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- IHS Markit Score Update: Rise in demand for ETFs holding GATX Corp is a positive for its shares (finance.yahoo.com)
- GATX Corporation (NYSE:GATX) Expected to Announce Quarterly Sales of $349.55 Million (americanbankingnews.com)
- GATX Corp. breached its 50 day moving average in a Bullish Manner : GATX-US : August 7, 2017 (finance.yahoo.com)
- Intrexon Corp (XON) Position Maintained by Delta Asset Management LLC TN (lazeresportes.com)
- Intrexon Corp (XON) Receiving Somewhat Favorable Media Coverage, Study Shows (trikkles.com)
A number of equities analysts have commented on the stock. Axiom Securities reiterated a “sell” rating on shares of GATX Corporation in a report on Wednesday, July 26th. Zacks Investment Research upgraded shares of GATX Corporation from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a report on Monday, July 24th. Stifel Nicolaus upgraded shares of GATX Corporation from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $50.00 to $54.00 in a report on Monday, July 17th. Cowen and Company reiterated a “market perform” rating and issued a $63.00 price objective (up previously from $62.00) on shares of GATX Corporation in a report on Sunday, April 23rd. Finally, Citigroup Inc. cut their price objective on shares of GATX Corporation from $73.00 to $71.00 and set a “buy” rating on the stock in a report on Friday, July 21st. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $56.14.
Shares of GATX Corporation (NYSE:GATX) traded up 0.31% during trading on Friday, reaching $62.03. 152,762 shares of the company’s stock were exchanged. GATX Corporation has a 52-week low of $40.66 and a 52-week high of $66.30. The company has a 50 day moving average of $62.72 and a 200 day moving average of $60.66. The firm has a market capitalization of $2.40 billion, a P/E ratio of 10.46 and a beta of 1.19.
GATX Corporation (NYSE:GATX) last released its quarterly earnings data on Thursday, July 20th. The transportation company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.21. The company had revenue of $348.40 million during the quarter, compared to the consensus estimate of $352.64 million. GATX Corporation had a net margin of 17.09% and a return on equity of 17.83%. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the firm earned $1.49 EPS. Equities analysts anticipate that GATX Corporation will post $4.60 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, September 30th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date is Thursday, September 14th. GATX Corporation’s payout ratio is 28.38%.
In related news, EVP Deborah A. Golden sold 1,368 shares of GATX Corporation stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $64.46, for a total transaction of $88,181.28. Following the completion of the transaction, the executive vice president now directly owns 37,083 shares of the company’s stock, valued at approximately $2,390,370.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP James M. Conniff sold 638 shares of GATX Corporation stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $64.94, for a total transaction of $41,431.72. The disclosure for this sale can be found here. Insiders have sold a total of 9,517 shares of company stock valued at $601,618 over the last ninety days. 3.50% of the stock is owned by insiders.
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GATX Corporation Company Profile
GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and Asia. In addition, the Company operates fleet of the United States-flagged vessels on the Great Lakes and jointly with Rolls-Royce plc, it owns aircraft spare engine lease portfolios in the world. It operates through four business segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management.
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