Textainer Group Holdings Limited (TGH) Given Daily News Impact Score of 0.19

Press coverage about Textainer Group Holdings Limited (NYSE:TGH) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Textainer Group Holdings Limited earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news coverage about the transportation company an impact score of 47.2990061562298 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

TGH has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price objective on shares of Textainer Group Holdings Limited from $18.00 to $19.00 and gave the company a “market perform” rating in a research report on Friday, October 20th. Zacks Investment Research upgraded shares of Textainer Group Holdings Limited from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research report on Friday, October 20th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $20.00 price objective (up from $19.00) on shares of Textainer Group Holdings Limited in a research report on Tuesday, September 12th. Cowen and Company reiterated a “buy” rating and issued a $21.00 price objective on shares of Textainer Group Holdings Limited in a research report on Tuesday, September 19th. Finally, ValuEngine upgraded shares of Textainer Group Holdings Limited from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $20.40.

Textainer Group Holdings Limited (TGH) traded up $1.25 during trading on Friday, reaching $23.55. The company’s stock had a trading volume of 589,400 shares, compared to its average volume of 332,026. Textainer Group Holdings Limited has a 12 month low of $7.40 and a 12 month high of $24.10. The company has a debt-to-equity ratio of 2.28, a current ratio of 1.12 and a quick ratio of 1.12.

Textainer Group Holdings Limited (NYSE:TGH) last released its earnings results on Thursday, November 9th. The transportation company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.19. Textainer Group Holdings Limited had a negative return on equity of 0.44% and a net margin of 0.38%. The company had revenue of $125.60 million during the quarter, compared to the consensus estimate of $122.87 million. During the same quarter last year, the company earned ($0.92) earnings per share. Textainer Group Holdings Limited’s quarterly revenue was up 4.3% compared to the same quarter last year. analysts predict that Textainer Group Holdings Limited will post 0.14 earnings per share for the current year.

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About Textainer Group Holdings Limited

Textainer Group Holdings Limited is a holding company. The Company is involved in the purchase, ownership, management, leasing and disposal of a fleet of intermodal containers. The Company operates in three segments: Container Ownership, which owns containers; Container Management, which manages containers on behalf of affiliated and unaffiliated container investors, and provides acquisition, management and disposal services, and total managed containers, and Container Resale, which sells containers from its fleet when they reach the end of their useful lives in marine service, and also purchases and leases or resells containers from shipping line customers, container traders and other sellers of containers.

Insider Buying and Selling by Quarter for Textainer Group Holdings Limited (NYSE:TGH)

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