Container Store (The) (NYSE:TCS) – Stock analysts at Jefferies Group lifted their FY2018 EPS estimates for Container Store (The) in a note issued to investors on Tuesday. Jefferies Group analyst D. Binder now forecasts that the specialty retailer will earn $0.35 per share for the year, up from their prior estimate of $0.33. Jefferies Group has a “Hold” rating and a $4.50 price objective on the stock. Jefferies Group also issued estimates for Container Store (The)’s Q4 2018 earnings at $0.22 EPS, FY2019 earnings at $0.33 EPS, FY2020 earnings at $0.32 EPS, FY2021 earnings at $0.34 EPS and FY2022 earnings at $0.33 EPS.

TCS has been the topic of a number of other reports. Zacks Investment Research upgraded shares of Container Store (The) from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. BidaskClub lowered shares of Container Store (The) from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $5.13.

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Shares of Container Store (TCS) traded up $0.03 on Friday, hitting $5.37. 389,000 shares of the stock were exchanged, compared to its average volume of 312,334. The company has a current ratio of 1.26, a quick ratio of 0.53 and a debt-to-equity ratio of 1.35. The stock has a market capitalization of $257.91, a price-to-earnings ratio of 18.41, a PEG ratio of 2.38 and a beta of 1.57. Container Store has a twelve month low of $3.53 and a twelve month high of $8.34.

Container Store (The) (NYSE:TCS) last announced its earnings results on Tuesday, November 7th. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. The business had revenue of $218.40 million for the quarter, compared to analyst estimates of $216.95 million. Container Store (The) had a net margin of 0.59% and a return on equity of 6.18%. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis.

Large investors have recently bought and sold shares of the stock. SG Americas Securities LLC purchased a new position in Container Store (The) in the 2nd quarter valued at $105,000. Blair William & Co. IL grew its position in Container Store (The) by 4.0% in the 2nd quarter. Blair William & Co. IL now owns 21,225 shares of the specialty retailer’s stock valued at $126,000 after buying an additional 825 shares during the last quarter. Tudor Investment Corp ET AL grew its position in Container Store (The) by 8.7% in the 1st quarter. Tudor Investment Corp ET AL now owns 26,195 shares of the specialty retailer’s stock valued at $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) in the 2nd quarter valued at $160,000. Finally, Bank of America Corp DE grew its position in Container Store (The) by 10.6% in the 1st quarter. Bank of America Corp DE now owns 36,038 shares of the specialty retailer’s stock valued at $152,000 after buying an additional 3,446 shares during the last quarter. Hedge funds and other institutional investors own 79.32% of the company’s stock.

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.

Earnings History and Estimates for Container Store (The) (NYSE:TCS)

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