Somewhat Favorable Press Coverage Somewhat Unlikely to Impact CAI International (NYSE:CAI) Stock Price
Media stories about CAI International (NYSE:CAI) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CAI International earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the transportation company an impact score of 47.9360157039672 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Shares of CAI Up 29.8% Since Uptrend Call on Shares (mysmartrend.com)
- See what the IHS Markit Score report has to say about CAI International Inc. (finance.yahoo.com)
- CAI International (NYSE:CAI) versus Navios Maritime Midstream Partners (NAP) Head-To-Head Review (americanbankingnews.com)
- Should You Get Rid of Westinghouse Air Brake (WAB) Now? (finance.yahoo.com)
- Navios Maritime Midstream Partners (NAP) vs. CAI International (NYSE:CAI) Financial Comparison (americanbankingnews.com)
CAI has been the subject of a number of research analyst reports. SunTrust Banks, Inc. restated a “buy” rating and set a $24.00 target price (up from $20.00) on shares of CAI International in a research report on Sunday, April 23rd. Zacks Investment Research lowered shares of CAI International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 18th. ValuEngine upgraded shares of CAI International from a “hold” rating to a “buy” rating in a research report on Friday, July 28th. Keefe, Bruyette & Woods restated a “hold” rating and set a $26.00 target price on shares of CAI International in a research report on Friday, July 14th. Finally, Cowen and Company boosted their target price on shares of CAI International from $23.00 to $28.00 and gave the company a “market perform” rating in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. CAI International presently has a consensus rating of “Buy” and an average price target of $24.75.
CAI International (NYSE:CAI) traded up 2.72% during trading on Friday, hitting $27.23. 205,733 shares of the company’s stock were exchanged. The firm has a market cap of $522.00 million, a price-to-earnings ratio of 39.75 and a beta of 2.21. The company’s 50-day moving average price is $25.36 and its 200 day moving average price is $19.53. CAI International has a 12-month low of $6.75 and a 12-month high of $29.11.
CAI International (NYSE:CAI) last issued its quarterly earnings data on Wednesday, July 26th. The transportation company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.09. The business had revenue of $82.69 million for the quarter, compared to analysts’ expectations of $85.18 million. CAI International had a net margin of 4.14% and a return on equity of 4.13%. The business’s revenue was up 15.4% on a year-over-year basis. During the same quarter last year, the company earned $0.19 EPS. Equities analysts forecast that CAI International will post $2.33 earnings per share for the current fiscal year.
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CAI International Company Profile
CAI International, Inc is a transportation finance and logistics company. The Company purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers, and also manages equipment for third-party investors. The Company operates through three segments: container leasing, rail leasing and logistics.
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