Somewhat Favorable Media Coverage Somewhat Unlikely to Impact CAI International (CAI) Share Price

Media stories about CAI International (NYSE:CAI) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CAI International earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 46.6547546497379 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have impacted Accern Sentiment’s scoring:

• CAI International, Inc. (NYSE:CAI) Raised to “Buy” at ValuEngine (americanbankingnews.com)
• CAI International, Inc. (CAI) Receives Consensus Rating of “Buy” from Analysts (americanbankingnews.com)
• Can the Uptrend Continue for CAI International (CAI)? (finance.yahoo.com)
• SunTrust Banks Brokers Raise Earnings Estimates for CAI International, Inc. (CAI) (americanbankingnews.com)
• Q3 2017 EPS Estimates for CAI International, Inc. (CAI) Raised by Analyst (americanbankingnews.com)

Shares of CAI International (NYSE:CAI) traded up 0.11% on Friday, hitting $27.03. The stock had a trading volume of 396,105 shares. The stock has a market capitalization of $517.11 million, a P/E ratio of 39.46 and a beta of 2.20. The firm has a 50-day moving average price of $23.90 and a 200-day moving average price of $18.51. CAI International has a 52 week low of $6.75 and a 52 week high of $29.11.

CAI International (NYSE:CAI) last issued its earnings results on Wednesday, July 26th. The transportation company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.09. The company had revenue of $82.69 million for the quarter, compared to the consensus estimate of $85.18 million. CAI International had a return on equity of 4.17% and a net margin of 4.14%. The firm’s quarterly revenue was up 15.4% on a year-over-year basis. During the same quarter last year, the company earned $0.19 EPS. Equities analysts expect that CAI International will post $2.33 earnings per share for the current fiscal year.

Several equities research analysts have recently weighed in on the company. Cowen and Company upped their price target on CAI International from $23.00 to $28.00 and gave the company a “market perform” rating in a research report on Thursday. ValuEngine raised CAI International from a “hold” rating to a “buy” rating in a report on Friday. TheStreet raised CAI International from a “d+” rating to a “c” rating in a report on Wednesday. Keefe, Bruyette & Woods reissued a “hold” rating and set a $26.00 price objective on shares of CAI International in a report on Friday, July 14th. Finally, Zacks Investment Research raised CAI International from a “hold” rating to a “strong-buy” rating and set a $21.00 price objective for the company in a report on Monday, April 24th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. CAI International has a consensus rating of “Buy” and a consensus target price of $24.75.

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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.