Container Store (The) (TCS) Earns Media Impact Rating of 0.12
Headlines about Container Store (The) (NYSE:TCS) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Container Store (The) earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 47.2289791333984 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern’s scoring:
- Container Store (The) (TCS) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- Contrasting Staples (SPLS) & Container Store (The) (TCS) (americanbankingnews.com)
- Our Favorite Kitchen Shelves from the Container Store (thekitchn.com)
- Financial Survey: Staples (SPLS) and Container Store (The) (TCS) (americanbankingnews.com)
- Container Store (The) (TCS) versus Its Rivals Financial Analysis (americanbankingnews.com)
Container Store (TCS) opened at 4.21 on Friday. Container Store has a 1-year low of $3.75 and a 1-year high of $8.34. The stock has a 50 day moving average of $4.35 and a 200-day moving average of $4.68. The firm has a market capitalization of $203.29 million, a P/E ratio of 22.16 and a beta of 1.60.
Container Store (The) (NYSE:TCS) last announced its quarterly earnings results on Wednesday, August 2nd. The specialty retailer reported ($0.11) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.11). The company had revenue of $183.10 million for the quarter, compared to analysts’ expectations of $183.27 million. Container Store (The) had a net margin of 1.13% and a return on equity of 5.34%. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period last year, the firm posted ($0.04) earnings per share. On average, equities research analysts anticipate that Container Store will post $0.33 earnings per share for the current year.
A number of research firms have recently issued reports on TCS. BidaskClub lowered Container Store (The) from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Zacks Investment Research lowered Container Store (The) from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. Morgan Stanley increased their target price on Container Store (The) from $3.50 to $4.00 and gave the company an “underweight” rating in a report on Wednesday, June 21st. Finally, Jefferies Group LLC restated a “hold” rating and issued a $4.50 target price (down previously from $5.25) on shares of Container Store (The) in a report on Thursday, August 31st. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Container Store (The) presently has an average rating of “Hold” and a consensus price target of $5.50.
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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