Textainer Group (TGH) Getting Somewhat Favorable Press Coverage, Study Shows

Headlines about Textainer Group (NYSE:TGH) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Textainer Group earned a news impact score of 0.22 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 46.3470685091415 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern’s rankings:

TGH has been the topic of several analyst reports. SunTrust Banks reaffirmed a “buy” rating and issued a $25.00 target price on shares of Textainer Group in a research report on Friday, November 10th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $21.00 target price on shares of Textainer Group in a research report on Friday. Wells Fargo & Co raised their price target on Textainer Group from $19.00 to $22.00 and gave the company a “market perform” rating in a report on Tuesday, November 14th. Cowen raised their price target on Textainer Group from $21.00 to $26.00 and gave the company an “outperform” rating in a report on Friday, November 10th. Finally, Zacks Investment Research raised Textainer Group from a “hold” rating to a “strong-buy” rating and set a $27.00 price target on the stock in a report on Saturday, January 20th. Three analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company’s stock. Textainer Group presently has an average rating of “Buy” and a consensus price target of $24.20.

Textainer Group (NYSE:TGH) opened at $16.65 on Tuesday. The company has a market capitalization of $946.41, a price-to-earnings ratio of 48.97, a PEG ratio of 1.06 and a beta of 2.32. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 2.19. Textainer Group has a fifty-two week low of $9.60 and a fifty-two week high of $26.50.

Textainer Group (NYSE:TGH) last issued its quarterly earnings results on Thursday, February 15th. The transportation company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07. The company had revenue of $129.30 million for the quarter, compared to analyst estimates of $127.91 million. Textainer Group had a return on equity of 1.96% and a net margin of 3.95%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company earned ($0.24) earnings per share. sell-side analysts predict that Textainer Group will post 1.3 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This report was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this report on another site, it was stolen and republished in violation of US & international trademark & copyright law. The original version of this report can be accessed at https://www.com-unik.info/2018/02/20/textainer-group-tgh-getting-somewhat-favorable-press-coverage-study-shows.html.

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.

Insider Buying and Selling by Quarter for Textainer Group (NYSE:TGH)

Receive News & Ratings for Textainer Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Textainer Group and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit