Media headlines about Textainer Group (NYSE:TGH) have been trending positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Textainer Group earned a coverage optimism score of 0.27 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 44.8506906731001 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
Textainer Group (NYSE TGH) opened at $22.00 on Friday. Textainer Group has a 52 week low of $8.75 and a 52 week high of $24.10. The company has a debt-to-equity ratio of 2.19, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market cap of $1,250.00, a P/E ratio of 733.33, a P/E/G ratio of 1.48 and a beta of 2.48.
Textainer Group (NYSE:TGH) last posted its quarterly earnings data on Thursday, November 9th. The transportation company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.19. Textainer Group had a net margin of 0.38% and a negative return on equity of 0.44%. The firm had revenue of $125.60 million during the quarter, compared to analyst estimates of $122.87 million. During the same quarter last year, the business posted ($0.92) EPS. The company’s revenue was up 4.3% on a year-over-year basis. analysts forecast that Textainer Group will post 0.33 earnings per share for the current fiscal year.
TGH has been the subject of a number of recent analyst reports. Wells Fargo & Co raised their price objective on shares of Textainer Group from $19.00 to $22.00 and gave the stock a “market perform” rating in a research note on Tuesday, November 14th. Cowen reaffirmed a “buy” rating and issued a $21.00 price objective on shares of Textainer Group in a research note on Tuesday, September 19th. SunTrust Banks reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Textainer Group in a research note on Friday, November 10th. Zacks Investment Research raised shares of Textainer Group from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Friday, October 20th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $22.00 price objective on shares of Textainer Group in a research note on Sunday, November 19th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $24.40.
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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.
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