Somewhat Positive Media Coverage Somewhat Unlikely to Affect Textainer Group Holdings Limited (TGH) Stock Price
Media coverage about Textainer Group Holdings Limited (NYSE:TGH) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Textainer Group Holdings Limited earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 47.007221697399 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s rankings:
- Textainer Group Holdings Ltd (TGH)’s AroonUp Indicator Showing Strong Momentum – Financial News Review (finnewsreview.com)
- Textainer Group Holdings Limited (TGH) registers a price change of -2.56% while Dover Motorsports, Inc. (DVD … – Stocks Gallery (stocksgallery.com)
- 28.9% Return Seen to Date on SmarTrend Textainer Group Call (TGH) (mysmartrend.com)
- Can Textainer Group Holdings Ltd (TGH) Thread the Needle? Technical Update – Sparta Review (spartareview.com)
- Textainer Group Holdings: Green Shoots Are Showing (seekingalpha.com)
Shares of Textainer Group Holdings Limited (NYSE:TGH) opened at 15.00 on Friday. The stock has a 50 day moving average price of $15.29 and a 200 day moving average price of $14.21. The stock’s market capitalization is $852.20 million. Textainer Group Holdings Limited has a 1-year low of $6.90 and a 1-year high of $17.60.
Textainer Group Holdings Limited (NYSE:TGH) last posted its quarterly earnings data on Tuesday, August 8th. The transportation company reported ($0.02) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by $0.03. Textainer Group Holdings Limited had a negative return on equity of 6.45% and a negative net margin of 13.12%. The company had revenue of $119.25 million for the quarter, compared to analyst estimates of $120.62 million. During the same quarter in the previous year, the firm posted $0.04 earnings per share. The company’s quarterly revenue was down 6.1% on a year-over-year basis. Equities research analysts anticipate that Textainer Group Holdings Limited will post $0.14 EPS for the current year.
A number of brokerages have weighed in on TGH. SunTrust Banks, Inc. reiterated a “buy” rating and set a $19.00 target price (up from $16.00) on shares of Textainer Group Holdings Limited in a research note on Thursday, August 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $16.00 target price on shares of Textainer Group Holdings Limited in a research note on Thursday, August 10th. ValuEngine upgraded shares of Textainer Group Holdings Limited from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. BidaskClub upgraded shares of Textainer Group Holdings Limited from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Finally, Zacks Investment Research lowered shares of Textainer Group Holdings Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Textainer Group Holdings Limited has a consensus rating of “Hold” and a consensus price target of $18.75.
About Textainer Group Holdings Limited
Textainer Group Holdings Limited is a holding company. The Company is involved in the purchase, ownership, management, leasing and disposal of a fleet of intermodal containers. The Company operates in three segments: Container Ownership, which owns containers; Container Management, which manages containers on behalf of affiliated and unaffiliated container investors, and provides acquisition, management and disposal services, and total managed containers, and Container Resale, which sells containers from its fleet when they reach the end of their useful lives in marine service, and also purchases and leases or resells containers from shipping line customers, container traders and other sellers of containers.
Receive News & Ratings for Textainer Group Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Textainer Group Holdings Limited and related companies with Analyst Ratings Network's FREE daily email newsletter.