Jefferies Group LLC restated their hold rating on shares of Container Store (The) (NYSE:TCS) in a report published on Thursday. Jefferies Group LLC currently has a $4.50 price target on the specialty retailer’s stock, down from their previous price target of $5.25.

Several other equities analysts also recently commented on the company. Zacks Investment Research downgraded Container Store (The) from a buy rating to a hold rating in a research report on Saturday, August 5th. BidaskClub downgraded Container Store (The) from a sell rating to a strong sell rating in a research report on Tuesday, July 25th. Morgan Stanley upped their price objective on Container Store (The) from $3.50 to $4.00 and gave the company an underweight rating in a research report on Wednesday, June 21st. Finally, Barclays PLC upped their price objective on Container Store (The) from $5.00 to $6.00 and gave the company an equal weight rating in a research report on Wednesday, May 24th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. Container Store (The) presently has a consensus rating of Hold and an average target price of $5.50.

Shares of Container Store (NYSE:TCS) traded up 1.72% during mid-day trading on Thursday, reaching $4.13. The company had a trading volume of 59,069 shares. Container Store has a 1-year low of $3.75 and a 1-year high of $8.34. The stock has a market capitalization of $199.43 million, a price-to-earnings ratio of 21.74 and a beta of 1.57. The firm has a 50-day moving average price of $4.82 and a 200-day moving average price of $4.68.

Container Store (The) (NYSE:TCS) last announced its quarterly earnings data on Wednesday, August 2nd. The specialty retailer reported ($0.11) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.11). The company had revenue of $183.10 million for the quarter, compared to the consensus estimate of $183.27 million. Container Store (The) had a return on equity of 5.34% and a net margin of 1.13%. Container Store (The)’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.04) EPS. Equities analysts expect that Container Store will post $0.34 earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC purchased a new position in Container Store (The) during the second quarter worth about $105,000. Blair William & Co. IL increased its position in Container Store (The) by 4.0% in the second quarter. Blair William & Co. IL now owns 21,225 shares of the specialty retailer’s stock worth $126,000 after buying an additional 825 shares during the last quarter. Tudor Investment Corp ET AL increased its position in Container Store (The) by 8.7% in the first quarter. Tudor Investment Corp ET AL now owns 26,195 shares of the specialty retailer’s stock worth $111,000 after buying an additional 2,104 shares during the last quarter. Virtu KCG Holdings LLC purchased a new position in Container Store (The) during the second quarter worth about $160,000. Finally, Teachers Advisors LLC increased its position in Container Store (The) by 2.4% in the fourth quarter. Teachers Advisors LLC now owns 27,240 shares of the specialty retailer’s stock worth $173,000 after buying an additional 629 shares during the last quarter. 79.11% of the stock is currently owned by institutional investors and hedge funds.

Container Store (The) Company Profile

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.

Analyst Recommendations for Container Store (The) (NYSE:TCS)

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