Container Store (The) (NYSE:TCS) Director Rajendra Sisodia purchased 5,750 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was bought at an average price of $4.16 per share, for a total transaction of $23,920.00. Following the purchase, the director now directly owns 10,750 shares in the company, valued at $44,720. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of Container Store (NYSE:TCS) traded down 0.24% during mid-day trading on Monday, reaching $4.14. The company’s stock had a trading volume of 103,380 shares. Container Store has a one year low of $3.75 and a one year high of $8.34. The firm’s 50 day moving average is $4.41 and its 200 day moving average is $4.68. The firm has a market cap of $199.91 million, a PE ratio of 21.79 and a beta of 1.60.

Container Store (The) (NYSE:TCS) last issued its quarterly earnings results on Wednesday, August 2nd. The specialty retailer reported ($0.11) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.11). The business had revenue of $183.10 million for the quarter, compared to the consensus estimate of $183.27 million. Container Store (The) had a return on equity of 5.34% and a net margin of 1.13%. The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.04) earnings per share. On average, equities analysts anticipate that Container Store will post $0.33 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/09/18/rajendra-sisodia-acquires-5750-shares-of-container-store-the-tcs-stock.html.

Several analysts have commented on TCS shares. Jefferies Group LLC increased their target price on Container Store (The) from $4.50 to $5.25 and gave the company a “hold” rating in a research note on Wednesday, May 24th. Barclays PLC increased their target price on Container Store (The) from $5.00 to $6.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 24th. Morgan Stanley increased their target price on Container Store (The) from $3.50 to $4.00 and gave the company an “underweight” rating in a research note on Wednesday, June 21st. Zacks Investment Research upgraded Container Store (The) from a “hold” rating to a “buy” rating and set a $6.00 target price on the stock in a research note on Thursday, July 13th. Finally, BidaskClub downgraded Container Store (The) from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $5.50.

Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in shares of Container Store (The) during the second quarter worth $105,000. Blair William & Co. IL increased its position in shares of Container Store (The) by 4.0% during the second quarter. Blair William & Co. IL now owns 21,225 shares of the specialty retailer’s stock worth $126,000 after purchasing an additional 825 shares in the last quarter. Tudor Investment Corp ET AL increased its position in shares of Container Store (The) by 8.7% during the first quarter. Tudor Investment Corp ET AL now owns 26,195 shares of the specialty retailer’s stock worth $111,000 after purchasing an additional 2,104 shares in the last quarter. Virtu KCG Holdings LLC acquired a new position in shares of Container Store (The) during the second quarter worth $160,000. Finally, Teachers Advisors LLC increased its position in shares of Container Store (The) by 2.4% during the fourth quarter. Teachers Advisors LLC now owns 27,240 shares of the specialty retailer’s stock worth $173,000 after purchasing an additional 629 shares in the last quarter. 79.11% of the stock is currently owned by institutional investors and hedge funds.

About Container Store (The)

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.

Receive News & Stock Ratings for Container Store (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Container Store (The) and related stocks with our FREE daily email newsletter.