Share on StockTwits

CAI International (NYSE:CAP) Director Hiromitsu Ogawa unloaded 200,000 shares of the company’s stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $21.93, for a total transaction of $4,386,000.00. Following the transaction, the director now directly owns 1,212,433 shares of the company’s stock, valued at approximately $26,588,656. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of CAI International (NYSE:CAP) traded down 2.09% during mid-day trading on Monday, hitting $21.50. The stock had a trading volume of 102,734 shares. CAI International has a 52 week low of $19.32 and a 52 week high of $26.96. The stock’s 50-day moving average is $22.22 and its 200-day moving average is $22.61. The company has a market cap of $478.2 million and a P/E ratio of 8.01.

CAI International (NYSE:CAP) last released its earnings data on Tuesday, April 29th. The company reported $0.63 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.66 by $0.03. The company had revenue of $54.30 million for the quarter, compared to the consensus estimate of $54.81 million. During the same quarter in the prior year, the company posted $0.75 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis. Analysts expect that CAI International will post $2.88 EPS for the current fiscal year.

Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of CAI International in a research note on Wednesday, April 30th. They now have a $27.00 price target on the stock, up previously from $26.00. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. CAI International has an average rating of “Hold” and a consensus price target of $26.99.

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

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.