CAI International, Inc. (NYSE:CAI) – William Blair lifted their Q2 2018 EPS estimates for CAI International in a research report issued on Tuesday. William Blair analyst R. Napoli now anticipates that the transportation company will earn $0.86 per share for the quarter, up from their previous estimate of $0.85. William Blair has a “Outperform” rating on the stock.

CAI International (NYSE:CAI) last posted its quarterly earnings results on Thursday, October 19th. The transportation company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.20. CAI International had a return on equity of 7.11% and a net margin of 10.93%. The business had revenue of $90.16 million for the quarter, compared to the consensus estimate of $89.43 million. During the same quarter in the prior year, the company earned $0.16 EPS. The business’s revenue was up 14.9% compared to the same quarter last year. ILLEGAL ACTIVITY WARNING: “Q2 2018 EPS Estimates for CAI International, Inc. (CAI) Lifted by William Blair” was reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another publication, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this report can be read at https://www.watchlistnews.com/q2-2018-eps-estimates-for-cai-international-inc-cai-lifted-by-william-blair/1722185.html.

A number of other equities analysts also recently issued reports on CAI. Cowen and Company increased their price target on CAI International from $23.00 to $28.00 and gave the stock a “market perform” rating in a research report on Thursday, July 27th. TheStreet raised CAI International from a “d+” rating to a “c” rating in a research report on Wednesday, July 26th. ValuEngine raised CAI International from a “hold” rating to a “buy” rating in a research report on Friday, July 28th. Zacks Investment Research downgraded CAI International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $40.00 price objective on shares of CAI International in a research report on Friday, October 20th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $35.80.

CAI International (NYSE CAI) traded down $0.57 on Wednesday, hitting $34.48. The stock had a trading volume of 187,900 shares, compared to its average volume of 190,525. CAI International has a fifty-two week low of $8.41 and a fifty-two week high of $40.11. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 2.91. The company has a market cap of $653.56, a P/E ratio of 20.26, a price-to-earnings-growth ratio of 1.66 and a beta of 2.32.

A number of hedge funds and other institutional investors have recently modified their holdings of CAI. American International Group Inc. boosted its holdings in CAI International by 7.1% in the first quarter. American International Group Inc. now owns 9,650 shares of the transportation company’s stock worth $152,000 after acquiring an additional 637 shares in the last quarter. TIAA CREF Investment Management LLC boosted its holdings in CAI International by 91.9% in the first quarter. TIAA CREF Investment Management LLC now owns 78,559 shares of the transportation company’s stock worth $1,237,000 after acquiring an additional 37,626 shares in the last quarter. Vanguard Group Inc. boosted its holdings in CAI International by 1.8% in the first quarter. Vanguard Group Inc. now owns 655,282 shares of the transportation company’s stock worth $10,314,000 after acquiring an additional 11,401 shares in the last quarter. Geode Capital Management LLC boosted its holdings in CAI International by 3.1% in the first quarter. Geode Capital Management LLC now owns 118,436 shares of the transportation company’s stock worth $1,864,000 after acquiring an additional 3,611 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in CAI International by 9.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,295,357 shares of the transportation company’s stock worth $20,389,000 after acquiring an additional 114,781 shares in the last quarter. 63.48% of the stock is owned by institutional investors and hedge funds.

In other CAI International news, VP Camille Cutino sold 23,386 shares of the firm’s stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $37.18, for a total value of $869,491.48. Following the completion of the sale, the vice president now owns 71,640 shares of the company’s stock, valued at $2,663,575.20. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 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 value 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 ninety days, insiders have sold 791,214 shares of company stock worth $22,015,109. 24.50% of the stock is owned by corporate insiders.

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.

Earnings History and Estimates for CAI International (NYSE:CAI)

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