The Container Store Group Inc. (NYSE:TCS) finished Friday with a subtraction of -$0.18 to close at $10.67, a downside of -1.66 percent. An average of 479,700 shares of common stock have been traded in the last five days. There was a gain of $0.55 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 497,435 shares traded, while the 50-day average volume stands at 474,400.
TCS stock has decreased by -1.75% in the last month. The company shares reached their 1-month lowest point of $9.25 on 10/01/21. With the stock rallying to its 52-week high on 03/16/21, shares of the company touched a low of $8.25 and a high of $19.31 in 52 weeks. It has reached a new high 16 times so far this year and achieved 11.84% or $1.13 in price. In spite of this, the price is down -44.74% from the 52-week high.
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254 days have passed since The Container Store Group Inc. (TCS) last reported insider trading activity. Collins Melissa, who is Chief Marketing Officer, most recently acquired $8,000 shares at $15.93 per share on Feb 11. In this transaction, the insider spent $127,440. Director, Flynn Timothy John, disposed of 5,000,000 shares at a price of $15.15 on Feb 10. The insider now owns more than $75,750,000 worth of shares. Prior to that, Director Galashan John Kristofer went on to Sale 5,000,000 shares at $15.15 each on Feb 10. An amount of $75,750,000 was transacted.
The Container Store Group Inc. (TCS) has a trailing price-to-earnings (P/E) ratio of 5.81, which compares with the 21.00 for the broader industry and 32.04 for the sector. In the last five years, The Container Store Group Inc.’s PE ratio has ranged between 141.80 and 5.146. The stock’s beta is 1.29. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.49, the price-to-book (PB) ratio at 1.42, and the price-to-cash flow ratio at 5.52.
The quick ratio of The Container Store Group Inc. for the three months ended June 29 was 0.30, and the current ratio was 1.00, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.44 and a total debt to equity ratio of 0.45 for the quarter ending June 29. The Container Store Group Inc.’s EBITDA margin for the year ending June 29 is 13.84%, while its operating margin for the same period stands at 13.20%. Its gross profit as reported stood at $570.48 million compared to revenue of $990.09 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, The Container Store Group Inc.’s return on assets was 8.50%. For the broader industry, ROE averaged 10.33 over the past year.
For the three-month period that ended June 29, The Container Store Group Inc. had $163.75 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $17.67 million in the quarter, while revenues were grew 194.34%. The analyst consensus anticipated The Container Store Group Inc.’s latest quarter earnings to come in at $0.09 per share, but it turned out to be $0.36, a 300.00% surprise. For the quarter, EBITDA amounted to $34.72 million. Shareholders own equity worth $50.53 million.
From a technical analysis perspective, let’s take a brief look at The Container Store Group Inc. (TCS) price momentum. RSI 9-day as of the close on 22 October was 58.86%, suggesting the stock is Neutral, with historical volatility in this time frame at 26.08%.
As of today, TCS’s price is $10.50 +5.43% or $0.55 from its 5-day moving average. TCS is currently trading -2.91% lower than its 20-day SMA and -20.73% lower than its 100-day SMA. However, the stock’s current price level is -12.47% below the SMA50 and -5.99% below the SMA200.
The stochastic %K and %D were 85.65% and 74.84%, respectively, and the average true range (ATR) was 0.42. With the 14-day stochastic at 78.99% and the average true range at 0.43, the RSI (14) stands at 53.73%. The stock has reached 0.43 on the 9-day MACD Oscillator while the 14-day reading was at 0.49.
Goldman upgraded The Container Store Group Inc. (NYSE: TCS) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Sell. The consensus rating for The Container Store Group Inc. (TCS) among analysts is Underweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell TCS, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is TCS’s price target for the next 12 months?
Analysts predict a range of price targets between $11.50 and $14.00, with a median target of $12.75. Taking a look at these predictions, the average price target given by analysts for The Container Store Group Inc. (TCS) stock is $12.75.