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CAI International (NYSE:CAP) released its earnings data on Monday. The company reported $0.69 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.68 by $0.01, American Banking reports. The company had revenue of $54.56 million for the quarter, compared to the consensus estimate of $54.18 million. During the same quarter in the prior year, the company posted $0.85 earnings per share. The company’s quarterly revenue was up 9.4% on a year-over-year basis.

CAP has been the subject of a number of recent research reports. Analysts at Cowen and Company cut their price target on shares of CAI International from $25.00 to $21.00 in a research note to investors on Monday. They now have a “market perform” rating on the stock. Analysts at Zacks upgraded shares of CAI International from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 31st. They now have a $23.90 price target on the stock. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $28.54.

CAI International (NYSE:CAP) traded up 0.36% on Monday, hitting $19.69. The stock had a trading volume of 160,090 shares. CAI International has a 52-week low of $19.45 and a 52-week high of $30.28. The stock’s 50-day moving average is $21.80 and its 200-day moving average is $22.38. The company has a market cap of $437.9 million and a price-to-earnings ratio of 6.61.

CAI International, Inc is a equipment leasing and management company, operating primarily in the international intermodal marine cargo container leasing business.

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