GATX stock: buy or sell?
September 20th, 2019
GATX Corporation leases, operates, manages, and remarkets assets in the rail and marine markets in North America and internationally.
Should I buy GATX stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, GATX stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is GATX stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we found 1 rating published for GATX stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-1-23||Wells Fargo & Co||n/a||Outperform|
GATX stock analysis
GATX shares stayed constant -0.12% to $77.67 today.
GATX shares stayed constant -0.12% to $77.67 today. Since price and SMA200d lines crossed up on September/5, GATX climbed $4.57 (6.25%). Since SMA100d and SMA200d crossed up on July, GATX price climbed $1.75 per share (2.31%). GATX is retaking the upward trend marking a new rising bottom heading to break out over $82.52.
After boosting an exceptional 8.23% in a week last week, GATX closed this week at $77.67 and plummed a terrifying -5.04%.
In a weekly time frame, GATX stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, GATX might consolidate in a flat-base, waiting to break out over or down under . Since early September when GATX stock price broke up the SMA40w line, it gained $3.87 (5.24%). Since early July when SMA20w and SMA40w crossed up, GATX price slipped $-1.17 per share (-1.48%).
GATX stock price history
GATX stock historical price chart
GATX stock reached 52-week highs on October at $87.87, and all-time highs 2018-07-20 with a price of 88.54.
GATX stock price target is $90.00Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' GATX stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we only found 1 price prediction for GATX stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-1-23||Wells Fargo & Co||Reiterates||$95.00||$90.00||-5.3%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince April, when GATX posted its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, GATX annual revenues decreased an unpleasant -1.16% to $1,360.90 million USD from $1,376.90 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) plunged a -20.93% to 15.53%. GATX presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, GATX TTM sales up to March 2019 were $1,372.60 and earnings $176.50 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem GATX business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, stayed constant a slightly good 0.86%. Regarding profit margin, GATX declined -2.67% to 15.53%
|2013||$1,320 M||-||$169 M12.8%||-|
|2014||$1,451 M||9.92%||$205 M14.1%||21.09%|
|2015||$1,450 M||-0.08%||$205 M14.2%||0.15%|
|2016||$1,418 M||-2.18%||$257 M18.1%||25.23%|
|2017||$1,377 M||-2.92%||$502 M36.5%||95.25%|
|2018||$1,361 M||-1.16%||$211 M15.5%||-57.91%|
|TTM||$1,373 M||0.86%||$177 M12.9%||-16.47%|
Quarterly financial resultsGATX reported $317.00 million in sales for 2019-Q1, a -11.05% less compared to previous quarter. Reported quarter income marked $41.50 million with a profit margin of 13.09%. Profit margin remained constant a -0.71% compared to previous quarter when profit margin was 13.80%. When comparing sales to same quarter last year, GATX sales marked a good increase and gained a 3.83%.
|2017-Q2||$348 M||-||$53 M15.3%||-|
|2017-Q3||$360 M||3.21%||$49 M13.6%||-8.24%|
|2017-Q4||$353 M||-1.89%||$342 M97.0%||598.16%|
|2018-Q1||$305 M||-13.46%||$76 M25.0%||-77.70%|
|2018-Q2||$350 M||14.48%||$39 M11.1%||-49.15%|
|2018-Q3||$350 M||0.06%||$47 M13.4%||21.13%|
|2018-Q4||$356 M||1.92%||$49 M13.8%||4.68%|
|2019-Q1||$317 M||-11.05%||$42 M13.1%||-15.65%|
GATX ownershipWhen you are planning to invest in shares of a company, it's always worth to check its ownership structure.
GATX shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.80% of all shares.
Bearish positions for GATX stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to GATX:
|Market cap||$2.8 B||$72.1 B||$81.8 B||$2.7 B||$2.5 B|
|Total shares||35.7 M||562.6 M||8,730.0 M||53.3 M||127.9 M|
|Float shares||35.2 M||561.4 M||8,710.0 M||52.1 M||101.6 M|
|- Institutional holdings (%)||111.4%||68.6%||58.6%||91.7%||92.9%|
|- Insider holdings (%)||1.8%||0.2%||0.2%||2.0%||2.4%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$77.65 - $79.25|
|Average true range||$2.08|
|50d mov avg||$75.68|
|100d mov avg||$75.24|
|200d mov avg||$74.61|
GATX performanceTo better understand GATX performance you must becnhmark its gains with other related stocks in same sector or industry. For GATX, the benchmark is made against Caterpillar, General Electric, Ryder System, Trinity Industries and Willis Lease Finance.
|WLFCWillis Lease Fina...||1.88%||42.57%||62.57%|