Media headlines about Container Store (The) (NYSE:TCS) have been trending positive on Tuesday, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Container Store (The) earned a coverage optimism score of 0.27 on Accern’s scale. Accern also assigned media coverage about the specialty retailer an impact score of 85 out of 100, indicating that recent press coverage is very likely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern’s rankings:
- Is Container Store Group Inc (TCS) Headed Towards A Reversal? – FLBC News (flbcnews.com)
- Container Store (The) (NYSE:TCS) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- Unusual Activity Spotted in Container Store Group Inc (TCS) – Sparta Review (spartareview.com)
- Head-To-Head Comparison: Stamps.com (STMP) vs. Container Store (The) (TCS) (americanbankingnews.com)
Shares of Container Store (NYSE TCS) opened at 5.66 on Tuesday. Container Store has a 1-year low of $3.75 and a 1-year high of $8.34. The company’s 50-day moving average price is $5.25 and its 200 day moving average price is $4.91. The firm has a market cap of $273.33 million, a PE ratio of 18.26 and a beta of 1.59.
Container Store (The) (NYSE:TCS) last announced its earnings results on Tuesday, May 23rd. The specialty retailer reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.08. Container Store (The) had a return on equity of 6.00% and a net margin of 1.82%. The firm had revenue of $221 million during the quarter, compared to analyst estimates of $212.98 million. During the same quarter in the prior year, the company earned $0.20 EPS. The business’s revenue was up 5.3% compared to the same quarter last year. On average, analysts predict that Container Store will post $0.31 EPS for the current year.
Several equities analysts have commented on TCS shares. Zacks Investment Research upgraded Container Store (The) from a “sell” rating to a “hold” rating in a research report on Saturday, March 25th. Jefferies Group LLC raised their price objective on Container Store (The) from $4.50 to $5.25 and gave the stock a “hold” rating in a research report on Wednesday, May 24th. Barclays PLC raised their price objective on Container Store (The) from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 24th. Finally, Morgan Stanley raised their price objective on Container Store (The) from $3.50 to $4.00 and gave the stock an “underweight” rating in a research report on Wednesday, June 21st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $5.65.
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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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