CAI International (CAI) Earns Daily News Impact Rating of 0.07
News coverage about CAI International (NYSE:CAI) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog 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. CAI International earned a news impact score of 0.07 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 47.2876983881456 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Southern metropolis lends global perspective for future prospects (ecns.cn)
- Fortune tech conference will boost Guangzhou’s tech sector (europe.chinadaily.com.cn)
- CAI International, Inc. (CAI) Director David G. Remington Sells 11,600 Shares (americanbankingnews.com)
- Insider Selling: CAI International, Inc. (CAI) Director Sells 4,040 Shares of Stock (americanbankingnews.com)
- ETFs with exposure to CAI International, Inc. : December 7, 2017 (finance.yahoo.com)
CAI has been the subject of several recent research reports. ValuEngine lowered CAI International from a “buy” rating to a “hold” rating in a research report on Thursday, August 24th. Cowen reiterated a “hold” rating and issued a $28.00 price target on shares of CAI International in a research report on Friday, September 1st. Zacks Investment Research lowered CAI International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. SunTrust Banks reiterated a “buy” rating and issued a $40.00 price target on shares of CAI International in a research report on Friday, October 20th. Finally, Wells Fargo & Company lifted their price target on CAI International from $26.00 to $32.00 and gave the stock a “market perform” rating in a research report on Friday, October 20th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $35.80.
Shares of CAI International (NYSE:CAI) traded up $1.13 during midday trading on Friday, reaching $32.77. 342,700 shares of the company’s stock traded hands, compared to its average volume of 192,916. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 2.91. The company has a market capitalization of $609.64, a P/E ratio of 18.29, a P/E/G ratio of 1.50 and a beta of 2.25. CAI International has a twelve month low of $8.41 and a twelve month high of $40.11.
CAI International (NYSE:CAI) last announced its quarterly earnings data on Thursday, October 19th. The transportation company reported $0.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.70 by $0.20. The business had revenue of $90.16 million during the quarter, compared to the consensus estimate of $89.43 million. CAI International had a net margin of 10.93% and a return on equity of 7.11%. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 earnings per share. research analysts predict that CAI International will post 2.64 earnings per share for the current fiscal year.
In other CAI International news, Director Hiromitsu Ogawa sold 693,927 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $26.60, for a total value of $18,458,458.20. Following the completion of the sale, the director now owns 712,433 shares of the company’s stock, valued at $18,950,717.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Gary Sawka sold 3,000 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $36.50, for a total transaction of $109,500.00. Following the completion of the sale, the director now directly owns 541 shares of the company’s stock, valued at approximately $19,746.50. The disclosure for this sale can be found here. In the last three months, insiders sold 806,854 shares of company stock valued at $22,525,644. 24.50% of the stock is owned by insiders.
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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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