Textainer Group Holdings Limited (NYSE:TGH) – Equities research analysts at B. Riley issued their Q2 2021 EPS estimates for Textainer Group in a report released on Tuesday, June 8th. B. Riley analyst L. Burke anticipates that the transportation company will earn $1.19 per share for the quarter. B. Riley has a “Buy” rating on the stock. B. Riley also issued estimates for Textainer Group’s Q3 2021 earnings at $1.17 EPS, Q4 2021 earnings at $1.16 EPS, FY2021 earnings at $4.68 EPS, FY2022 earnings at $4.76 EPS and FY2023 earnings at $5.36 EPS.
Textainer Group (NYSE:TGH) last posted its earnings results on Tuesday, May 11th. The transportation company reported $1.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.98 by $0.18. Textainer Group had a net margin of 22.29% and a return on equity of 10.69%.
Shares of TGH opened at $30.89 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 3.01. Textainer Group has a one year low of $7.60 and a one year high of $35.27. The business has a 50-day moving average of $28.54. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 11.40 and a beta of 1.43.
Hedge funds have recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in shares of Textainer Group by 100.0% during the first quarter. International Assets Investment Management LLC now owns 1,210 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 605 shares during the last quarter. Creative Financial Designs Inc. ADV purchased a new position in shares of Textainer Group during the first quarter valued at approximately $49,000. Dorsey Wright & Associates lifted its holdings in shares of Textainer Group by 134.7% during the first quarter. Dorsey Wright & Associates now owns 1,840 shares of the transportation company’s stock valued at $53,000 after purchasing an additional 1,056 shares during the last quarter. USA Financial Portformulas Corp purchased a new position in shares of Textainer Group during the first quarter valued at approximately $75,000. Finally, Acadian Asset Management LLC purchased a new position in shares of Textainer Group during the first quarter valued at approximately $83,000. Hedge funds and other institutional investors own 43.19% of the company’s stock.
Textainer Group Company Profile
Textainer Group Holdings Ltd. engages in the purchase, management, leasing, and resale of a fleet of marine cargo containers. It operates through the following segments: Container Ownership, Container Management, and Container Resale. The Container Ownership segment consists primarily of standard dry freight containers and also includes special-purpose containers.
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