News coverage about Container Store (The) (NYSE:TCS) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Container Store (The) earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 47.4653249098525 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- Head-To-Head Contrast: Container Store (The) (TCS) vs. Dover Saddlery (DOVR) (americanbankingnews.com)
- Reviewing Container Store (The) (TCS) and its Rivals (americanbankingnews.com)
- How to Navigate The Container Store Like You Mean It This Time (racked.com)
- Barnes & Noble Education (BNED) vs. Container Store (The) (TCS) Financial Comparison (americanbankingnews.com)
- Narrowing in on the Signals for The Container Store Group Inc (TCS) – Wall Street Review (thewallstreetreview.com)
Shares of Container Store (NYSE:TCS) opened at 4.10 on Wednesday. The stock has a market capitalization of $197.98 million, a P/E ratio of 21.58 and a beta of 1.60. The firm has a 50-day moving average price of $4.55 and a 200-day moving average price of $4.69. Container Store has a 52-week low of $3.75 and a 52-week high of $8.34.
Container Store (The) (NYSE:TCS) last released its quarterly earnings data on Wednesday, August 2nd. The specialty retailer reported ($0.11) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.11). The business had revenue of $183.10 million for the quarter, compared to analysts’ expectations of $183.27 million. Container Store (The) had a return on equity of 5.34% and a net margin of 1.13%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.04) EPS. On average, analysts predict that Container Store will post $0.34 EPS for the current year.
TCS has been the subject of a number of research analyst reports. Jefferies Group LLC increased their price target on Container Store (The) from $4.50 to $5.25 and gave the company a “hold” rating in a research report on Wednesday, May 24th. Morgan Stanley increased their price target on Container Store (The) from $3.50 to $4.00 and gave the company an “underweight” rating in a research report on Wednesday, June 21st. Barclays PLC increased their price target on Container Store (The) from $5.00 to $6.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 24th. BidaskClub downgraded Container Store (The) from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Finally, Zacks Investment Research raised Container Store (The) from a “hold” rating to a “buy” rating and set a $6.00 price target for the company in a research report on Thursday, July 13th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Container Store (The) has a consensus rating of “Hold” and a consensus price target of $5.50.
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Container Store (The) Company Profile
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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