Favorable Media Coverage Somewhat Unlikely to Impact Container Store (The) (TCS) Stock Price

Media headlines about Container Store (The) (NYSE:TCS) have trended positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Container Store (The) earned a coverage optimism score of 0.32 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 47.8376962664118 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of Container Store (TCS) traded up $0.03 during midday trading on Monday, reaching $5.37. The company had a trading volume of 389,000 shares, compared to its average volume of 330,146. The stock has a market capitalization of $259.36, a price-to-earnings ratio of 18.52, a P/E/G ratio of 2.26 and a beta of 1.57. Container Store has a 52-week low of $3.53 and a 52-week high of $8.34. The company has a current ratio of 1.26, a quick ratio of 0.46 and a debt-to-equity ratio of 1.35.

Container Store (The) (NYSE:TCS) last issued its earnings results on Tuesday, November 7th. The specialty retailer reported $0.12 EPS for the quarter, beating the Zacks’ consensus estimate of $0.07 by $0.05. The firm had revenue of $218.40 million for the quarter, compared to analyst estimates of $216.95 million. Container Store (The) had a return on equity of 6.18% and a net margin of 0.59%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. sell-side analysts anticipate that Container Store will post 0.34 earnings per share for the current year.

TCS has been the topic of several recent analyst reports. BidaskClub downgraded shares of Container Store (The) from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. Zacks Investment Research upgraded shares of Container Store (The) from a “sell” rating to a “hold” rating in a report on Wednesday, November 1st. Finally, Jefferies Group LLC restated a “hold” rating and set a $4.50 price objective (down previously from $5.25) on shares of Container Store (The) in a report on Thursday, August 31st. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $5.13.

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Container Store (The) Company Profile

The Container Store Group, Inc is a specialty retailer of storage and organization products. The Company’s segments include The Container Store (TCS), Elfa and Corporate/Other. The Company’s TCS segment consists of its retail stores, Website and call center, as well as its installation and organizational services business.

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