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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 $144.04, up 1.06% from the previous day, and has increased 11.39% in one year. It has underperformed other stocks in the Rental & Leasing Services industry by 0.04 percentage points. Gatx stock is currently +48.17% from its 52-week low of $97.21, and -1.51% from its 52-week high of $146.25.

As of Jul 12, 2024, there are 35.6M GATX shares outstanding. The market value of GATX is $5.13B. In the last 24 hours, 167,596 GATX shares were traded.

How to Buy Gatx Stock

Not sure how to invest in Gatx stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Select your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$144.04
1w %
7.94%
1y %
11.39%
5y %
86.51%
P/E
20.49x
P/B
2.21x
P/S
3.55x
PEG
3.78x
Revenue
$1.45B
Earnings
$256.10M
Fore. Rev. Growth
12.51%
Fore. Earn. Growth
6.69%
Market Cap
$5.13B
Next Earnings
Jul 23, 2024
Next Dividend
N/A

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 20.49x, relative to Rental & Leasing Services industry P/E ratio of 17.53x
  • GATX could be undervalued based on its P/B ratio of 2.21x, relative to Rental & Leasing Services industry P/B ratio of 2.33x
  • GATX may be overvalued based on its PEG ratio of 3.78x

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

SMA10
135.59
SMA20
133.59
SMA50
133.57
SMA100
131.55
SMA200
122.92
MACD
1.87
MACD Signal
0.59
MACD Histogram
1.28
RSI
73.16
Stochastic %K
89.84
Stochastic %D
89.56
StochRSI %K
100
StochRSI %D
98.85

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 16.14%.

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 12.68%.

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.

Paul F. Titterton, EVP Pres. Rail NA of GATX, was the latest GATX insider to sell. They sold $1,254,375.00 worth of GATX shares on May 21, 2024.

Learn more about who owns GATX stock here.

Does GATX stock generate passive income?

Gatx pays a dividend of 1.57%, compared to the Rental & Leasing Services industry's average dividend yield of 2.14%. If you owned $1,000 worth of GATX stock, you would have received $15.69 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.

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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:

  1. Decide where to buy Gatx stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Gatx stock
  5. Execute your GATX trade
  6. Get the latest news on your GATX position

If you need a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Gatx, add GATX to your watchlist below.

NYSE: GATX
$144.04+1.51 (+1.06%)
Updated Jul 12, 2024
Open eToro Account
NYSE: GATX
$144.04+1.51 (+1.06%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Gatx share?

As of Jul 12, 2024, it costs $144.04 to buy one share of Gatx stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.069 shares of GATX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Gatx stock?

According to 2 Wall Street analysts who monitor Gatx, their consensus recommendation is to buy Gatx stock.

What is the best way to buy Gatx stock?

One way to place an order for Gatx stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.