Earnings results for Textainer Group (NYSE:TGH)
Textainer Group Holdings Limited is estimated to report earnings on 02/16/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.5. The reported EPS for the same quarter last year was $0.19.
Textainer Group last posted its earnings data on November 12th, 2020. The transportation company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.06. The company had revenue of $149.13 million for the quarter. Textainer Group has generated $0.96 earnings per share over the last year and currently has a price-to-earnings ratio of 22.2. Textainer Group has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, February 16th, 2021 based off prior year’s report dates.
Analyst Opinion on Textainer Group (NYSE:TGH)
2 Wall Street analysts have issued ratings and price targets for Textainer Group in the last 12 months. Their average twelve-month price target is $24.50, predicting that the stock has a possible upside of 6.24%. The high price target for TGH is $31.00 and the low price target for TGH is $18.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”
Textainer Group has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $24.50, Textainer Group has a forecasted upside of 6.2% from its current price of $23.06. Textainer Group has only been the subject of 1 research reports in the past 90 days.
Dividend Strength: Textainer Group (NYSE:TGH)
Textainer Group does not currently pay a dividend. Textainer Group does not have a long track record of dividend growth.
Insiders buying/selling: Textainer Group (NYSE:TGH)
In the past three months, Textainer Group insiders have not sold or bought any company stock. Only 35.00% of the stock of Textainer Group is held by institutions.
Earnings and Valuation of Textainer Group (NYSE:TGH
Earnings for Textainer Group are expected to grow by 57.25% in the coming year, from $1.38 to $2.17 per share. The P/E ratio of Textainer Group is 22.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.34. The P/E ratio of Textainer Group is 22.17, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 24.41. Textainer Group has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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