Shares of Container Store Group Inc (NYSE:TCS) have been assigned an average rating of “Hold” from the seven analysts that are covering the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $5.44.

A number of research analysts have weighed in on the stock. Barclays PLC upped their price objective on shares of Container Store Group from $5.00 to $6.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Jefferies Group LLC upped their price target on shares of Container Store Group from $4.50 to $5.25 and gave the stock a “hold” rating in a research report on Wednesday. Zacks Investment Research upgraded shares of Container Store Group from a “sell” rating to a “hold” rating in a research report on Wednesday, April 12th. Guggenheim restated a “neutral” rating on shares of Container Store Group in a research report on Wednesday, February 8th. Finally, Morgan Stanley reduced their price target on shares of Container Store Group from $5.00 to $3.50 and set an “underweight” rating for the company in a research report on Wednesday, February 8th.

Shares of Container Store Group (NYSE:TCS) traded up 1.79% on Friday, hitting $5.68. The stock had a trading volume of 955,723 shares. Container Store Group has a 12 month low of $3.75 and a 12 month high of $8.34. The firm has a market cap of $276.03 million, a P/E ratio of 53.08 and a beta of 1.68. The firm’s 50-day moving average price is $4.19 and its 200 day moving average price is $4.95.

Container Store Group (NYSE:TCS) last issued its quarterly earnings data on Tuesday, May 23rd. The specialty retailer reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.08. The business had revenue of $221 million during the quarter, compared to the consensus estimate of $212.98 million. Container Store Group had a net margin of 1.92% and a return on equity of 6.60%. The company’s revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.20 earnings per share. Analysts anticipate that Container Store Group will post $0.30 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in TCS. Renaissance Technologies LLC increased its position in Container Store Group by 2.0% in the fourth quarter. Renaissance Technologies LLC now owns 398,300 shares of the specialty retailer’s stock valued at $2,529,000 after buying an additional 7,655 shares during the period. Russell Investments Group Ltd. acquired a new stake in shares of Container Store Group during the fourth quarter valued at about $675,000. Tudor Investment Corp Et Al boosted its stake in shares of Container Store Group by 63.2% in the fourth quarter. Tudor Investment Corp Et Al now owns 24,091 shares of the specialty retailer’s stock valued at $153,000 after buying an additional 9,331 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Container Store Group by 21.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 279,548 shares of the specialty retailer’s stock valued at $1,775,000 after buying an additional 48,597 shares in the last quarter. Finally, Allianz Asset Management AG acquired a new stake in shares of Container Store Group during the fourth quarter valued at about $647,000. Hedge funds and other institutional investors own 79.54% of the company’s stock.

Container Store Group 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.

12 Month Chart for NYSE:TCS

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