Container Store Group Inc (NYSE: TCS) closed the day trading at $1.05 down -2.78% from the previous closing price of $1.08. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 3196656 shares were traded. TCS stock price reached its highest trading level at $1.1500 during the session, while it also had its lowest trading level at $0.9900.
Ratios:
For a better understanding of TCS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 2.50 whereas as Long-Term Debt/Eq ratio is at 2.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Lake Street on August 02, 2023, Downgraded its rating to Hold and sets its target price to $3.50 from $5 previously.
On April 13, 2022, Lake Street started tracking the stock assigning a Buy rating and target price of $10.
Goldman Upgraded its Sell to Neutral on November 09, 2020, whereas the target price for the stock was revised from $3 to $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 13 ’23 when Malhotra Satish bought 16,715 shares for $1.82 per share. The transaction valued at 30,359 led to the insider holds 754,653 shares of the business.
Malhotra Satish bought 12,417 shares of TCS for $30,307 on Aug 31 ’23. The CEO & PRESIDENT now owns 737,938 shares after completing the transaction at $2.44 per share. On Aug 30 ’23, another insider, Jordan Robert E, who serves as the Director of the company, bought 30,000 shares for $2.35 each. As a result, the insider paid 70,506 and bolstered with 224,059 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TCS now has a Market Capitalization of 54.19M and an Enterprise Value of 600.69M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.23. Its current Enterprise Value per Revenue stands at 0.67 whereas that against EBITDA is -3.61.
Stock Price History:
Over the past 52 weeks, TCS has reached a high of $3.71, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is 1.4708, while the 200-Day Moving Average is calculated to be 2.1893.
Shares Statistics:
Over the past 3-months, TCS traded about 378.72K shares per day on average, while over the past 10 days, TCS traded about 512.01k shares per day. A total of 49.18M shares are outstanding, with a floating share count of 33.60M. Insiders hold about 34.90% of the company’s shares, while institutions hold 38.60% stake in the company. Shares short for TCS as of Feb 29, 2024 were 591.99k with a Short Ratio of 1.56, compared to 680.07k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.15% and a Short% of Float of 1.74%.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.12, while EPS last year was -$3.85. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.07 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.43 and -$0.43 for the fiscal current year, implying an average EPS of -$0.43. EPS for the following year is $0.02, with 1 analysts recommending between $0.02 and $0.02.
Revenue Estimates
2 analysts predict $204.3M in revenue for the current quarter. It ranges from a high estimate of $204.6M to a low estimate of $204M. As of the current estimate, Container Store Group Inc’s year-ago sales were $259.72M, an estimated decrease of -21.30% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $207.42M, an increase of 1.80% over than the figure of -$21.30% in the same quarter last year. There is a high estimate of $220.83M for the next quarter, whereas the lowest estimate is $194M.
A total of 2 analysts have provided revenue estimates for TCS’s current fiscal year. The highest revenue estimate was $846.35M, while the lowest revenue estimate was $846M, resulting in an average revenue estimate of $846.17M. In the same quarter a year ago, actual revenue was $1.05B, down -19.20% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $861.83M in the next fiscal year. The high estimate is $898.66M and the low estimate is $825M. The average revenue growth estimate for next year is up 1.90% from the average revenue estimate for this year.
