Shares of CAI International Inc. (NYSE:CAI) have been assigned a consensus rating of “Hold” from the six analysts that are covering the firm. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $34.25.

Separately, Zacks Investment Research cut CAI International from a “hold” rating to a “sell” rating in a report on Tuesday, July 26th.

CAI International (NYSE:CAI) traded down 2.05% during midday trading on Tuesday, reaching $8.12. The company had a trading volume of 13,291 shares. The firm has a 50-day moving average of $8.09 and a 200-day moving average of $8.49. CAI International has a 12 month low of $4.83 and a 12 month high of $12.36. The stock has a market cap of $156.32 million, a P/E ratio of 14.37 and a beta of 2.30.

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CAI International (NYSE:CAI) last issued its quarterly earnings data on Monday, August 8th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by $0.18. CAI International had a return on equity of 8.09% and a net margin of 4.19%. The firm had revenue of $71.60 million for the quarter, compared to the consensus estimate of $69.53 million. During the same quarter in the prior year, the firm earned $0.60 EPS. The company’s revenue was up 20.5% on a year-over-year basis. On average, equities analysts expect that CAI International will post $1.12 EPS for the current fiscal year.

Several large investors have recently modified their holdings of the stock. Wellington Management Group LLP bought a new stake in shares of CAI International during the first quarter valued at about $26,396,000. Dimensional Fund Advisors LP boosted its stake in shares of CAI International by 4.5% in the second quarter. Dimensional Fund Advisors LP now owns 1,117,677 shares of the company’s stock valued at $8,383,000 after buying an additional 47,969 shares during the period. Vanguard Group Inc. boosted its stake in shares of CAI International by 0.3% in the second quarter. Vanguard Group Inc. now owns 620,723 shares of the company’s stock valued at $4,655,000 after buying an additional 1,783 shares during the period. BlackRock Institutional Trust Company N.A. bought a new stake in shares of CAI International during the first quarter valued at about $5,183,000. Finally, BlackRock Fund Advisors bought a new stake in shares of CAI International during the first quarter valued at about $4,132,000. Institutional investors and hedge funds own 61.82% of the company’s stock.

About CAI International

CAI International, Inc is a transportation finance and logistics company. The Company purchases equipment, which it leases primarily to container shipping lines, freight forwarders and other transportation companies. The Company operates through three segments: container leasing, rail leasing and logistics.

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