The Container Store Group, Inc. (NYSE:TCS) traded at $4.83 at last check on Monday, Sep 14, making an upward move of 16.67% on its previous day’s price.
Looking at the stock we see that its previous close was $4.14 and the beta (5Y monthly) reads 2.04 with the day’s price range being $4.2886 – 5.0000. The company has a 12-month trailing PE ratio of 120.75. In terms of its 52-week price range, TCS has a high of $5.19 and a low of $1.8. The company’s stock has gained about 42.48% over that past 30 days.
The has a market cap of $232.03 Million and is expected to release its quarterly earnings report on Oct 27, 2020- Nov 02, 2020. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the TCS stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.03, with the EPS growth for the year declined at $0.07 for 2020 and $0.31 for next year. These figures represent -0.77% and at 3.43% growth in EPS for the two years respectively.
On the other hand, looking at the outlook for the TCS stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Based on estimates by 3 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the The Container Store Group, Inc. (TCS) stock as a Hold, while none rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas 2 suggests the stock as a Sell. The stock has an overall rating of Underweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the TCS stock currently stands at 7.89, and the current price level is 22.43% off its SMA20 and 25.96% from its 50-day simple moving average. The RSI (14) is pointing at 66.9 while the volatility over the past week is 8.74% and drops to 7.72% over the past one month. The beta value is 2.04, while the average true range (ATR) is currently pointing at 0.3. The average price target for the stock over the next 12 months is $3, with the estimates having a low of $3 and a high of $3. These price ends are -37.89% and -37.89% off the current price level respectively, although investors could be excited at the prospect of a -37.89% if the TCS share price touches on the median price of $3.
Let’s briefly compare The (TCS) stock to its peers. We find that today’s price change of +16.67% and -1.23% over the past 12 months for TCS competes that of Reynolds Consumer Products Inc (REYN), which has seen its stock price fall -0.12% in the latest trading session and is 0% over the last one year. Another of its peers Spectrum Brands Holdings Inc (SPB) has climbed 0.65% today, but is -1.38% down over the past year, while Central Garden (CENT) is also up 16.67% yet its price remains in the red at -1.23% over the same period. Reynolds has a P/E ratio of 24.85 compared to The’s 120.75 and Spectrum’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 1.27% and 1.18%, respectively, in early deals.
Coming back to The Container Store Group, Inc. (NYSE:TCS), we note that the average 3-month trading volume was 331.5 Million, while that of the preceding 10-day period stands at 258.34 Million. Current shares outstanding are 50.36 Million.
According to data from Thomson Reuters, insiders hold 9.09% of the company’s shares while institutions hold 88.85%. The data shows that short shares as of August 30, 2020, stood at 2.68 Million at a short ratio of 12.83. This represents a 5.32% Short interest in Shares outstanding on August 30, 2020. Shares short rose in August from the previous month at 2.53 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +14.45% up in year-to-date price movement.