Textainer Group (TGH) Receives News Impact Rating of 0.18
Media headlines about Textainer Group (NYSE:TGH) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty 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. Textainer Group earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 45.5618012920627 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Will 2018 Be Textainer Group Holdings Limited’s Best Year Yet? (nwitimes.com)
- Will 2018 Be Textainer Group Holdings Limited’s Best Year Yet? – Motley Fool (fool.com)
- Will 2018 Be Textainer Group Holdings Limited's Best Year Yet? (finance.yahoo.com)
- Capricious Behavior? PI Levels of Textainer Group Holdings Limited (NYSE:TGH) at 1.61905 – Clawson News (clawsonnews.com)
Textainer Group (NYSE:TGH) opened at $21.55 on Wednesday. The stock has a market capitalization of $1,220.00, a PE ratio of 718.33, a price-to-earnings-growth ratio of 5.52 and a beta of 2.47. The company has a debt-to-equity ratio of 2.19, a current ratio of 0.85 and a quick ratio of 0.85. Textainer Group has a 12-month low of $7.40 and a 12-month high of $24.10.
Textainer Group (NYSE:TGH) last announced its earnings results on Thursday, November 9th. The transportation company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.19. The business had revenue of $125.60 million for the quarter, compared to analysts’ expectations of $122.87 million. Textainer Group had a negative return on equity of 0.44% and a net margin of 0.38%. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period last year, the firm posted ($0.92) earnings per share. equities analysts anticipate that Textainer Group will post 0.33 EPS for the current fiscal year.
Several research firms recently commented on TGH. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $22.00 price objective on shares of Textainer Group in a research report on Sunday, November 19th. Zacks Investment Research raised Textainer Group from a “hold” rating to a “strong-buy” rating and set a $27.00 price objective on the stock in a research report on Thursday, November 16th. Wells Fargo & Co increased their price objective on Textainer Group from $19.00 to $22.00 and gave the company a “market perform” rating in a research report on Tuesday, November 14th. SunTrust Banks reaffirmed a “buy” rating and set a $25.00 price objective on shares of Textainer Group in a research report on Friday, November 10th. Finally, Cowen increased their price objective on Textainer Group from $21.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, November 10th. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. Textainer Group presently has an average rating of “Buy” and a consensus price target of $24.40.
Textainer Group Company Profile
Textainer Group Holdings Limited is a holding company. The Company is involved in the purchase, ownership, management, leasing and disposal of a fleet of intermodal containers. The Company operates in three segments: Container Ownership, which owns containers; Container Management, which manages containers on behalf of affiliated and unaffiliated container investors, and provides acquisition, management and disposal services, and total managed containers, and Container Resale, which sells containers from its fleet when they reach the end of their useful lives in marine service, and also purchases and leases or resells containers from shipping line customers, container traders and other sellers of containers.
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