In today’s recent session, 0.48 million shares of the Container Store Group Inc (NYSE:TCS) have been traded, and its beta is 0.87. Most recently the company’s share price was $1.18, and it changed around $0.03 or 2.71% from the last close, which brings the market valuation of the company to $60.93M. TCS at last check was trading at a discount to its 52-week high of $2.72, offering almost -130.51% off that amount. The share price’s 52-week low was $0.50, which indicates that the recent value has risen by an impressive 57.63% since then. We note from Container Store Group Inc’s average daily trading volume that its 10-day average is 7.37 million shares, with the 3-month average coming to 1.38 million.

Container Store Group Inc stock received a consensus recommendation rating of Hold, based on a mean score of 4.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 5 recommended TCS as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Container Store Group Inc is expected to report earnings per share of -0.21 for the current quarter.

Container Store Group Inc (NYSE:TCS) trade information

Instantly TCS has been showing a green trend so far today with a performance of 2.71% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.2600 on recent trading dayincreased the stock’s daily price by 6.35%. The company’s shares are currently down -48.19% year-to-date, but still up 31.58% over the last five days. On the other hand, Container Store Group Inc (NYSE:TCS) is 116.34% up in the 30-day period. We can see from the shorts that 0.47 million shares have been sold at a short interest cover period of 1.91 day(s).

The consensus price target as assigned by Wall Street analysts is $1, which translates to bulls needing to decrease their stock price by -18.0% from its current value. Analyst projections state that TCS is forecast to be at a low of $1 and a high of $1.

Container Store Group Inc (TCS) estimates and forecasts

Container Store Group Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -27.09 percent over the past six months and at a 12.50% annual growth rate that is well above the industry average of 8.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 12.50% in revenue this quarter, and will report a decrease of -400.00% in the next quarter. The year-over-year growth rate is expected to be -4.70%, down from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 192.41M in revenue for the current quarter. 2 analysts expect Container Store Group Inc to make 206.73M in revenue for the current ending quarter. Analysts predict that the company’s current quarter sales will drop, forecast at -5.60%.

Container Store Group Inc earnings are expected to increase by -31.25% in 2024, but the outlook is positive 15.30% per year for the next five years.

TCS Dividends

Container Store Group Inc’s next quarterly earnings report is expected to be released on 2024-Aug-06.

Container Store Group Inc (NYSE:TCS)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 4.04% of Container Store Group Inc shares, and 63.82% of them are in the hands of institutional investors. The stock currently has a share float of 66.51%. Container Store Group Inc stock is held by 92.0 institutions, with LEONARD GREEN & PARTNERS, L.P. being the largest institutional investor. By 2024-03-31, it held 31.3192% of the shares, which is about 15.53 million shares worth $17.71 million.

GLENDON CAPITAL MANAGEMENT LP, with 9.6056% or 4.76 million shares worth $5.43 million as of 2024-03-31, holds the second largest percentage of outstanding shares.