CAI International (NYSE:CAI) posted its earnings results on Monday. The transportation company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.17, Bloomberg Earnings reports. The firm had revenue of $94.03 million during the quarter, compared to analyst estimates of $95.66 million. CAI International had a net margin of 10.93% and a return on equity of 7.11%. CAI International’s revenue was up 21.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.09) EPS.

Shares of CAI International (CAI) traded up $2.41 during trading hours on Wednesday, hitting $26.65. 537,272 shares of the stock were exchanged, compared to its average volume of 276,245. The firm has a market cap of $513.49, a price-to-earnings ratio of 14.41, a P/E/G ratio of 0.79 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 research analysts have issued reports on the stock. Wells Fargo & Co raised shares of CAI International from a “market perform” rating to an “outperform” rating and set a $35.00 target price for the company in a research note on Wednesday. William Blair reaffirmed an “outperform” rating on shares of CAI International in a research note on Tuesday, February 6th. ValuEngine raised shares of CAI International from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Zacks Investment Research lowered shares of CAI International from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Finally, Cowen raised shares of CAI International from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $34.00 to $46.00 in a research note on Monday, October 23rd. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $36.20.

In other news, Director David G. Remington sold 11,600 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $32.63, for a total value 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 approximately $149,478.03. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director David G. Remington sold 4,040 shares of the company’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $32.68, for a total transaction of $132,027.20. Following the completion of the sale, the director now directly owns 4,581 shares of the company’s stock, valued at $149,707.08. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 25,824 shares of company stock valued at $847,218. Company insiders own 24.50% of the company’s stock.

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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.

Earnings History for CAI International (NYSE:CAI)

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