Container Store Group (NYSE:TCS) issued its quarterly earnings data on Tuesday. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($0.05), Briefing.com reports. The firm had revenue of $232.80 million for the quarter, compared to analyst estimates of $230.03 million. Container Store Group had a net margin of 3.34% and a return on equity of 5.91%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. Container Store Group updated its FY19 guidance to $0.35-$0.45 EPS.
NYSE TCS traded up $0.62 during trading on Tuesday, reaching $8.18. 929,100 shares of the stock traded hands, compared to its average volume of 220,288. The stock has a market cap of $387.11 million, a P/E ratio of 31.46, a P/E/G ratio of 1.45 and a beta of 1.47. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.55 and a current ratio of 1.34. Container Store Group has a fifty-two week low of $3.53 and a fifty-two week high of $8.50.
Separately, Zacks Investment Research cut shares of Container Store Group from a “hold” rating to a “sell” rating in a report on Friday, February 16th. Three research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. The stock presently has an average rating of “Sell” and a consensus target price of $5.13.
Container Store Group Company Profile
The Container Store Group, Inc engages in the retailing of storage and organization products and solutions in the United States. The company operates through two segments, The Container Store and Elfa. Its retail stores provide various lifestyle products, including bath, box, closets, collections, containers, gift packaging, hooks, kitchen, laundry, office, shelving, storage, trash, and travel, as well as elfa branded products.
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