At the time of writing, Container Store Group Inc [TCS] stock is trading at $1.12, up 13.49%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TCS shares have gain 25.77% over the last week, with a monthly amount drifted -6.67%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Container Store Group Inc [NYSE: TCS] stock has seen the most recent analyst activity on August 02, 2023, when Lake Street downgraded its rating to a Hold and also revised its price target to $3.50 from $5. Previously, Lake Street started tracking the stock with Buy rating on April 13, 2022, and set its price target to $10. On November 09, 2020, upgrade upgraded it’s rating to Neutral and revised its price target to $10 on the stock. Goldman downgraded its rating to a Sell and increased its price target to $3 on August 04, 2020. Goldman upgraded its rating to a Neutral and reduced its price target to $5.25 on October 17, 2019. Goldman started tracking with a Sell rating for this stock on July 11, 2019, and assigned it a price target of $7. In a note dated October 31, 2018, JP Morgan downgraded an Underweight rating on this stock.
For the past year, the stock price of Container Store Group Inc fluctuated between $0.50 and $2.52. Currently, Wall Street analysts expect the stock to reach $1 within the next 12 months. Container Store Group Inc [NYSE: TCS] shares were valued at $1.12 at the most recent close of the market. An investor can expect a potential drop of -10.71% based on the average TCS price forecast.
Analyzing the TCS fundamentals
According to Container Store Group Inc [NYSE:TCS], the company’s sales were 822.53M for trailing twelve months, which represents an -12.19% plunge. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.16%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.56 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9633 points at the first support level, and at 0.8067 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.2833, and for the 2nd resistance point, it is at 1.4467.
Ratios To Look Out For
It is important to note that Container Store Group Inc [NYSE:TCS] has a current ratio of 1.31. As well, the Quick Ratio is 0.49, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 0.07, the price to book ratio is 0.38.
Transactions by insiders
Recent insider trading involved Malhotra Satish, CEO & PRESIDENT, that happened on Nov 13 ’23 when 16715.0 shares were purchased. CEO & PRESIDENT, Malhotra Satish completed a deal on Aug 31 ’23 to buy 12417.0 shares. Meanwhile, Director Jordan Robert E bought 30000.0 shares on Aug 30 ’23.
