The Container Store Group Inc. (NYSE:TCS)‘s stock had its “hold” rating reissued by analysts at Barclays PLC in a research note issued on Thursday. They presently have a $5.00 price target on the stock. Barclays PLC’s price target suggests a potential downside of 1.38% from the company’s previous close.

A number of other equities analysts have also recently issued reports on the stock. Zacks Investment Research raised shares of The Container Store Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 2nd. JPMorgan Chase & Co. reissued a “hold” rating on shares of The Container Store Group in a research report on Tuesday, August 16th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $6.71.

Analyst Recommendations for The Container Store Group (NYSE:TCS)

The Container Store Group (NYSE:TCS) opened at 5.07 on Thursday. The firm’s 50-day moving average is $4.99 and its 200 day moving average is $5.36. The firm has a market capitalization of $243.33 million, a P/E ratio of 47.38 and a beta of 1.55. The Container Store Group has a 52-week low of $3.77 and a 52-week high of $11.41.

The Container Store Group (NYSE:TCS) last announced its quarterly earnings data on Wednesday, November 9th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The Container Store Group had a net margin of 1.13% and a return on equity of 3.39%. The firm had revenue of $205.06 million for the quarter, compared to analysts’ expectations of $205.08 million. During the same period last year, the firm earned $0.06 earnings per share. The business’s revenue for the quarter was up .3% on a year-over-year basis. Equities analysts anticipate that The Container Store Group will post $0.25 EPS for the current year.

Large investors have recently bought and sold shares of the stock. Rutabaga Capital Management LLC MA boosted its stake in The Container Store Group by 218.2% in the third quarter. Rutabaga Capital Management LLC MA now owns 1,676,881 shares of the company’s stock valued at $8,183,000 after buying an additional 1,149,842 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in The Container Store Group by 0.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 424,705 shares of the company’s stock valued at $2,272,000 after buying an additional 1,234 shares in the last quarter. BlackRock Fund Advisors boosted its stake in The Container Store Group by 11.3% in the second quarter. BlackRock Fund Advisors now owns 415,507 shares of the company’s stock valued at $2,223,000 after buying an additional 42,312 shares in the last quarter. Northern Trust Corp boosted its stake in The Container Store Group by 34.0% in the third quarter. Northern Trust Corp now owns 311,951 shares of the company’s stock valued at $1,566,000 after buying an additional 79,082 shares in the last quarter. Finally, Oxford Asset Management bought a new stake in The Container Store Group during the second quarter valued at approximately $841,000. 79.77% of the stock is currently owned by institutional investors and hedge funds.

About The Container Store Group

The Container Store Group, Inc is a specialty retailer of storage and organization products in the United States. The Company is the original storage and organization specialty retailer. The Company operates in two segments: TCS and Elfa. TCS segment consists of its retail stores, ebsite and call center.

5 Day Chart for NYSE:TCS

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