Container Store Group Inc (NYSE: TCS)’s stock price has dropped by -7.61 in relation to previous closing price of 4.86. Nevertheless, the company has seen a loss of -14.31% in its stock price over the last five trading days. zacks.com reported 2024-10-30 that The Container Store’s fiscal Q2 results reflect continued sequential improvement, paving the way for long-term opportunities from its new partnership with Beyond, Inc.
Is It Worth Investing in Container Store Group Inc (NYSE: TCS) Right Now?
The 36-month beta value for TCS is also noteworthy at 1.09. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
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The public float for TCS is 2.24M, and at present, short sellers hold a 8.76% of that float. The average trading volume of TCS on November 07, 2024 was 118.90K shares.
TCS’s Market Performance
The stock of Container Store Group Inc (TCS) has seen a -14.31% decrease in the past week, with a -51.35% drop in the past month, and a -64.99% fall in the past quarter. The volatility ratio for the week is 23.66%, and the volatility levels for the past 30 days are at 23.43% for TCS. The simple moving average for the past 20 days is -52.38% for TCS’s stock, with a -66.14% simple moving average for the past 200 days.
Analysts’ Opinion of TCS
Many brokerage firms have already submitted their reports for TCS stocks, with Lake Street repeating the rating for TCS by listing it as a “Hold.” The predicted price for TCS in the upcoming period, according to Lake Street is $3.50 based on the research report published on August 02, 2023 of the previous year 2023.
Lake Street, on the other hand, stated in their research note that they expect to see TCS reach a price target of $10. The rating they have provided for TCS stocks is “Buy” according to the report published on April 13th, 2022.
Goldman gave a rating of “Neutral” to TCS, setting the target price at $10 in the report published on November 09th of the previous year.
TCS Trading at -56.68% from the 50-Day Moving Average
After a stumble in the market that brought TCS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -88.12% of loss for the given period.
Volatility was left at 23.43%, however, over the last 30 days, the volatility rate increased by 23.66%, as shares sank -58.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -71.22% lower at present.
During the last 5 trading sessions, TCS fell by -14.31%, which changed the moving average for the period of 200-days by -80.69% in comparison to the 20-day moving average, which settled at $9.43. In addition, Container Store Group Inc saw -86.87% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TCS starting from Malhotra Satish, who purchase 16,715 shares at the price of $1.82 back on Nov 13 ’23. After this action, Malhotra Satish now owns 754,653 shares of Container Store Group Inc, valued at $30,359 using the latest closing price.
Stock Fundamentals for TCS
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.55 for the gross margin
The net margin for Container Store Group Inc stands at -0.12. The total capital return value is set at -0.03. Equity return is now at value -55.22, with -10.18 for asset returns.
Based on Container Store Group Inc (TCS), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.75. The interest coverage ratio of the stock is -1.05.
Currently, EBITDA for the company is 47.29 million with net debt to EBITDA at 1.66. When we switch over and look at the enterprise to sales, we see a ratio of 0.23. The receivables turnover for the company is 26.82for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
In summary, Container Store Group Inc (TCS) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
