CAI International Inc (NYSE:CAI) – William Blair issued their FY2020 EPS estimates for shares of CAI International in a report released on Tuesday. William Blair analyst R. Napoli forecasts that the transportation company will earn $4.84 per share for the year. William Blair currently has a “Outperform” rating on the stock.

Several other analysts also recently commented on the company. Zacks Investment Research downgraded CAI International from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. SunTrust Banks reaffirmed a “buy” rating and set a $40.00 price target on shares of CAI International in a research report on Friday, October 20th. ValuEngine downgraded CAI International from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Wells Fargo & Co increased their price target on CAI International from $26.00 to $32.00 and gave the company a “market perform” rating in a research report on Friday, October 20th. Finally, Cowen reaffirmed a “hold” rating and set a $34.00 price target on shares of CAI International in a research report on Thursday, October 19th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $35.60.

Shares of CAI International (NYSE CAI) traded down $1.34 during trading on Wednesday, hitting $24.87. The stock had a trading volume of 138,105 shares, compared to its average volume of 263,647. The stock has a market capitalization of $475.92, a P/E ratio of 13.22, a PEG ratio of 0.82 and a beta of 2.11. CAI International has a 12-month low of $13.57 and a 12-month high of $40.11. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 2.91.

A number of large investors have recently added to or reduced their stakes in CAI. Acadian Asset Management LLC purchased a new stake in CAI International in the fourth quarter worth $165,000. C M Bidwell & Associates Ltd. increased its position in CAI International by 167.1% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 7,560 shares of the transportation company’s stock worth $214,000 after buying an additional 4,730 shares during the last quarter. Quotient Investors LLC purchased a new stake in CAI International in the third quarter worth $224,000. Brandywine Global Investment Management LLC increased its position in CAI International by 41.1% in the second quarter. Brandywine Global Investment Management LLC now owns 10,204 shares of the transportation company’s stock worth $241,000 after buying an additional 2,974 shares during the last quarter. Finally, Alliancebernstein L.P. purchased a new stake in CAI International in the second quarter worth $248,000. 68.93% of the stock is owned by institutional investors and hedge funds.

In related news, Director David G. Remington sold 11,600 shares of the stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $32.63, for a total transaction of $378,508.00. Following the completion of the sale, the director now directly owns 4,581 shares of the company’s stock, valued at $149,478.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Timothy B. Page sold 10,184 shares of the stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $33.06, for a total value of $336,683.04. The disclosure for this sale can be found here. Insiders have sold 78,636 shares of company stock valued at $2,751,793 over the last ninety days. 24.50% of the stock is currently owned by company insiders.

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CAI International Company Profile

CAI International, Inc is a transportation finance and logistics company. The Company purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers, and also manages equipment for third-party investors. The Company operates through three segments: container leasing, rail leasing and logistics.

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