News articles about Container Store (The) (NYSE:TCS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Container Store (The) earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 48.5251277248423 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Container Store Group Inc (TCS) Showing Signs of Potential Bearish Momentum – Sparta Review (spartareview.com)
- Tale of the Ticker: Container Store Group Inc (TCS) Moves on Volume – Evergreen Caller (evergreencaller.com)
- The Container Store Group, Inc. (TCS) is at $4.36 per share and Weis Markets, Inc. (WMK) is listed at $45.57 – Stocks Gallery (stocksgallery.com)
- Container Store (The) (NYSE:TCS) Experiences Heavier than Usual Trading Volume – First News 24 (firstnewspaper24.com)
Several research analysts have commented on the stock. Jefferies Group LLC raised their price target on shares of Container Store (The) from $4.50 to $5.25 and gave the company a “hold” rating in a report on Wednesday, May 24th. BidaskClub downgraded shares of Container Store (The) from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Zacks Investment Research downgraded shares of Container Store (The) from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. Morgan Stanley lifted their price objective on shares of Container Store (The) from $3.50 to $4.00 and gave the stock an “underweight” rating in a report on Wednesday, June 21st. Finally, Barclays PLC lifted their price objective on shares of Container Store (The) from $5.00 to $6.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 24th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $5.65.
Container Store (NYSE TCS) traded down 0.46% during mid-day trading on Friday, hitting $4.31. 176,113 shares of the stock were exchanged. The stock has a market capitalization of $208.12 million, a PE ratio of 22.68 and a beta of 1.57. Container Store has a 52 week low of $3.75 and a 52 week high of $8.34. The company has a 50-day moving average of $5.19 and a 200-day moving average of $4.70.
Container Store (The) (NYSE:TCS) last released its quarterly earnings data on Wednesday, August 2nd. The specialty retailer reported ($0.11) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.11). Container Store (The) had a net margin of 1.13% and a return on equity of 5.34%. The business had revenue of $183.10 million during the quarter, compared to analyst estimates of $183.27 million. During the same quarter last year, the business earned ($0.04) earnings per share. Container Store (The)’s quarterly revenue was up 3.2% compared to the same quarter last year. On average, equities analysts predict that Container Store will post $0.37 EPS for the current fiscal year.
About Container Store (The)
The Container Store Group, Inc is a specialty retailer of storage and organization products. The Company’s segments include The Container Store (TCS), Elfa and Corporate/Other. The Company’s TCS segment consists of its retail stores, Website and call center, as well as its installation and organizational services business.
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