How to Buy Gatx Stock
Gatx Corp
Gatx is a rental & leasing service company located in Illinois, United States, which is part of the Industrials sector, and is traded under the ticker GATX on the NYSE exchange.
Gatx stock last closed at $125.89, down 1.27% from the previous day, and has increased 11.17% in one year. It has underperformed other stocks in the Rental & Leasing Services industry by 0.25 percentage points. Gatx stock is currently +29.5% from its 52-week low of $97.21, and -7.2% from its 52-week high of $135.66.
As of Apr 29, 2024, there are 35.6M GATX shares outstanding. The market value of GATX is $4.48B. In the last 24 hours, 179,933 GATX shares were traded.
How to Buy Gatx Stock
Not sure how to invest in Gatx stock? Here's how.
- Decide where to buy Gatx stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Gatx stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Select your payment method and add your information.
- Evaluate Gatx stock: The Gatx ticker symbol is GATX. Is Gatx stock a good investment? Should you buy shares of GATX? How do GATX's underlying business fundamentals look? Do top analysts think Gatx is a good buy? Why has GATX's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if GATX is a good stock to buy).
- Execute your GATX trade: Decide if you will purchase GATX shares at the current market price or use a limit order to purchase GATX stock at a specific price.
- Get the latest news on your GATX position: Create a watchlist to get live updates on your investment in Gatx shares.
Step 1: Decide where to buy Gatx stock
You will need a brokerage account to access the NYSE market and buy GATX stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to invest in GATX stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details transferring money into your new brokerage account.
Step 4: Evaluate Gatx stock
Once you have identified the best place to buy Gatx stock, it's important to analyze their stock before you invest, so you can understand the risk and opportunity.
Gatx stock quick numbers
GATX Fundamentals
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on GATX's stock page.
What is the fair value of GATX stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge GATX's intrinsic value.
Using relative valuations measures:
- GATX could be overvalued based on its P/E ratio of 17.91x, relative to Rental & Leasing Services industry P/E ratio of 15.98x
- GATX could be undervalued based on its P/B ratio of 1.93x, relative to Rental & Leasing Services industry P/B ratio of 2.35x
- GATX may be overvalued based on its PEG ratio of 3.01x
You can access additional valuation analysis on GATX's stock here.
GATX Financials at a glance
Pros:
- GATX profit margin has gone up from 12.2% to 17.6% in the past year.
Cons:
- GATX has a relatively high debt to equity ratio of 3.98.
- Total GATX debt is higher than 5 years ago, relative to shareholder equity.
Is GATX stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Wall Street analysts who track GATX, the consensus analyst rating on GATX is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Gatx stock forecast page.
GATX Momentum
GATX Growth Numbers
Last year, GATX earnings were $256.10M. During the last 5 year, GATX's earnings have gone up by 8.16% per year. This was slower than the Rental & Leasing Services industry average of 25.17%.
Last year, GATX revenue was $1.45B. Over the last five year, GATX's revenue has grown by 4.11% per year. This was slower than the Rental & Leasing Services industry average of 12.56%.
Dig into GATX's earnings and revenue performance here.
What are GATX insiders up to?
In the last 12 months, executives and large shareholders at GATX have bought more shares than they have sold.
Kevin Hillesland, SVP Structured Finance of GATX, was the latest GATX insider to sell. They sold $227,900.30 worth of GATX shares on Mar 8, 2024.
Learn more about who owns GATX stock here.
Does GATX stock generate passive income?
Gatx pays a dividend of 1.77%, compared to the Rental & Leasing Services industry's average dividend yield of 2.49%. If you owned $1,000 worth of GATX stock, you would have received $17.71 last year.
Gatx dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Gatx dividend yield and history here.
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Step 5: Execute your GATX trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Click the Open button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your GATX position
Now that you own some shares in GATX, you'll want to keep up with your new investment.
Make a watchlist to keep tabs on your GATX stock.
GATX Feed
How to Buy Stock in Gatx
To reiterate, here are the 6 steps you need to take to buy Gatx stock right now:
- Decide where to buy Gatx stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Gatx stock
- Execute your GATX trade
- Get the latest news on your GATX position
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Gatx, add GATX to your watchlist below.
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