#6 - GATX Corp. (NYSE:GATX)
GATX Corp. (NYSE:GATX) leases tank and freight railcars along with locomotives for transporting petroleum, chemical, food/agriculture, and transportation industries in the United States and in select international markets.
GATX stock is up over 60% in the last five years. Not surprisingly, much of that growth has occurred since the onset of the pandemic. However, the company is still expected to show stock price growth over the next year. The consensus rating of analysts tracked by MarketBeat is for a stock price of $120.67, which would be a gain of over 21% from the current price.
GATX trades at over 19x earnings which is a slight premium to the S&P 500. However, it is expected to grow earnings by double digits over the next five years. And that’s with revenue only projected to increase in the low single digits. That’s an appealing combination that highlights the company’s attractive profit margin.
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.
Read More - Current Price
- $161.59
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 2 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $150.25 (7.0% Downside)
