The Container Store Group, Inc. (NYSE:TCS) has a beta value of 2.09 and has seen 581,121 shares traded in the last trading session. The company, currently valued at $460.31 Million, closed the last trade at $9.14 per share which meant it lost -$0.31 on the day or -3.28% during that session. The TCS stock price is -6.35% off its 52-week high price of $9.72 and 80.31% above the 52-week low of $1.8. If we look at the company’s 10-day average daily trading volume, we find that it stood at 994.94 Million shares traded. The 3-month trading volume is 692.24 Million shares.
The consensus among analysts is that The Container Store Group, Inc. (TCS) is an Underweight stock at the moment, with a recommendation rating of 3.7. 2 analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 3 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.03.
The Container Store Group, Inc. (NYSE:TCS) trade information
Despite being -3.28% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Oct 15 when the TCS stock price touched $9.55-4 or saw a rise of 4.29%. Year-to-date, The Container Store Group, Inc. shares have moved 116.59%, while the 5-day performance has seen it change 6.9%. Over the past 30 days, the shares of The Container Store Group, Inc. (NYSE:TCS) have changed 54.39%. Short interest in the company has seen 3.36 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump -67.18% from current levels. The projected low price target is $3 while the price target rests at a high of $3. In that case, then, we find that the current price level is -67.18% off the targeted high while a plunge would see the stock lose -67.18% from current levels.
The Container Store Group, Inc. (TCS) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -8.7% over the past 5 years. Earnings growth for 2020 is a modest -10.9% while over the next 5 years, the company’s earnings are expected to increase by 15.3%.
The Container Store Group, Inc. (NYSE:TCS)’s Major holders
Insiders own 9.09% of the company shares, while shares held by institutions stand at 88.85% with a share float percentage of 97.73%. Investors are also buoyed by the number of investors in a company, with The Container Store Group, Inc. having a total of 128 institutions that hold shares in the company. The top two institutional holders are Leonard Green & Partners, L.P. with over 27.51 Million shares worth more than $89.12 Million. As of June 29, 2020, Leonard Green & Partners, L.P. held 54.62% of shares outstanding.
The other major institutional holder is Bank of America Corporation, with the holding of over 3.01 Million shares as of June 29, 2020. The firm’s total holdings are worth over $9.74 Million and represent 5.97% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Clark Fork Trust-Tarkio Fd and Vanguard Total Stock Market Index Fund. As of May 30, 2020, the former fund manager holds about 2.31% shares in the company for having 1161425 shares of worth $3.31 Million while later fund manager owns 563.28 Thousand shares of worth $1.83 Million as of June 29, 2020, which makes it owner of about 1.12% of company’s outstanding stock.