Media headlines about CAI International (NYSE:CAI) have been trending positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. CAI International earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news headlines about the transportation company an impact score of 46.0459496530885 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of CAI International from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. ValuEngine upgraded shares of CAI International from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Cowen decreased their price objective on shares of CAI International from $46.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, February 15th. William Blair reiterated an “outperform” rating on shares of CAI International in a research note on Tuesday, February 6th. Finally, Wells Fargo upgraded shares of CAI International from a “market perform” rating to an “outperform” rating and set a $35.00 price objective for the company in a research note on Wednesday, February 14th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $33.20.
Shares of CAI International stock traded down $0.86 on Friday, reaching $20.64. 139,642 shares of the company traded hands, compared to its average volume of 282,748. CAI International has a 52 week low of $14.43 and a 52 week high of $40.11. The company has a market capitalization of $440.55, a P/E ratio of 7.19, a P/E/G ratio of 0.69 and a beta of 2.23. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 2.79.
CAI International (NYSE:CAI) last released its earnings results on Wednesday, February 14th. The transportation company reported $1.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.17. CAI International had a net margin of 20.68% and a return on equity of 11.21%. The firm had revenue of $94.03 million during the quarter, compared to the consensus estimate of $95.66 million. During the same period in the prior year, the firm earned ($0.09) EPS. The company’s revenue was up 21.7% compared to the same quarter last year. equities analysts expect that CAI International will post 3.89 EPS for the current fiscal year.
In other news, major shareholder Ogawa Family Trust sold 1,250,000 shares of the stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $21.58, for a total transaction of $26,975,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 24.50% of the stock is owned by corporate insiders.
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About CAI International
CAI International, Inc operates as transportation finance and logistics company in the United States and internationally. The company operates through three segments: Container Leasing, Rail Leasing, and Logistics. It leases, re-leases, and disposes equipment; and contracts for the repair, repositioning, and storage of equipment.
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