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Container Store Group (NYSE:TCS) shares reached a new 52-week low on Monday , ARN reports. The company traded as low as $21.36 and last traded at $21.73, with a volume of 537,636 shares trading hands. The stock had previously closed at $22.48.

A number of research firms have recently commented on TCS. Analysts at BB&T Corp. initiated coverage on shares of Container Store Group in a research note on Wednesday, July 16th. They set a “hold” rating on the stock. Separately, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Container Store Group in a research note on Thursday, July 10th. They now have a $25.00 price target on the stock, down previously from $30.00. Finally, analysts at Jefferies Group cut their price target on shares of Container Store Group from $29.00 to $24.00 in a research note on Thursday, July 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Container Store Group presently has a consensus rating of “Hold” and an average price target of $30.63.

The stock’s 50-day moving average is $27.14 and its 200-day moving average is $32.20. The company’s market cap is $1.048 billion.

Container Store Group (NYSE:TCS) last issued its quarterly earnings data on Tuesday, July 8th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.01. The company had revenue of $173.40 million for the quarter, compared to the consensus estimate of $174.20 million. During the same quarter in the previous year, the company posted ($0.07) earnings per share. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, analysts predict that Container Store Group will post $0.49 earnings per share for the current fiscal year.

The Container Store Group, Inc is a specialty retailer of storage and organization products in the United States.

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