GATX Corp. (NYSE: GATX) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, and its longer term price trend turned up.
Meaningful positive changes in fundamentals have recently occurred for GATX Corp. (NYSE: GATX): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
GATX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
GATX has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. GATX has a neutral Appreciation Score of 50 but a good Power Rating of 71, with the High Neutral Value Trend Rating the result.
Recent Price Action
GATX Corp. (NYSE: GATX) stock closed at $130.77 on 5/7/24 after an increase of 1.1%. Moreover, this advance was accompanied by above average trading volume at 134% of normal. The stock has been strong relative to the market over the last nine months and has risen 3.9% during the last week.
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