Media stories about Textainer Group (NYSE:TGH) have been trending somewhat positive on Monday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Textainer Group earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news stories about the transportation company an impact score of 46.2462256625541 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have effected Accern Sentiment’s analysis:

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A number of equities analysts recently issued reports on TGH shares. Zacks Investment Research raised Textainer Group from a “hold” rating to a “strong-buy” rating and set a $27.00 price target for the company in a report on Saturday, January 20th. TheStreet downgraded Textainer Group from a “c-” rating to a “d+” rating in a report on Tuesday, February 20th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $21.00 price target on shares of Textainer Group in a report on Friday, February 16th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Textainer Group has a consensus rating of “Buy” and an average target price of $24.20.

Shares of TGH opened at $17.15 on Monday. The company has a debt-to-equity ratio of 2.28, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $979.22, a P/E ratio of 41.83 and a beta of 2.49. Textainer Group has a 52-week low of $9.60 and a 52-week high of $26.50.

Textainer Group (NYSE:TGH) last issued its quarterly earnings data on Thursday, February 15th. The transportation company reported $0.26 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.07. Textainer Group had a return on equity of 1.95% and a net margin of 3.95%. The company had revenue of $129.30 million during the quarter, compared to analysts’ expectations of $127.91 million. During the same quarter in the previous year, the business earned ($0.24) earnings per share. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. sell-side analysts predict that Textainer Group will post 1.4 EPS for the current fiscal year.

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About Textainer Group

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.

Insider Buying and Selling by Quarter for Textainer Group (NYSE:TGH)

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