The stock of Container Store Group Inc (NYSE: TCS) has increased by 15.01 when compared to last closing price of 4.73.Despite this, the company has seen a gain of 21.16% 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?
Additionally, the 36-month beta value for TCS is 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 currently, short sellers hold a 12.33% ratio of that float. The average trading volume of TCS on November 14, 2024 was 121.04K shares.
TCS’s Market Performance
TCS stock saw a decrease of 21.16% in the past week, with a monthly decline of -49.16% and a quarterly a decrease of -55.00%. The volatility ratio for the week is 10.98%, and the volatility levels for the last 30 days are 17.67% for Container Store Group Inc (TCS). The simple moving average for the past 20 days is -26.85% for TCS’s stock, with a -57.43% 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 -43.11% 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 -85.61% of loss for the given period.
Volatility was left at 17.67%, however, over the last 30 days, the volatility rate increased by 10.98%, as shares sank -54.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -52.36% lower at present.
During the last 5 trading sessions, TCS rose by +21.16%, which changed the moving average for the period of 200-days by -77.89% in comparison to the 20-day moving average, which settled at $7.44. In addition, Container Store Group Inc saw -84.09% in overturn over a single year, with a tendency to cut further losses.
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 -60.4 million with net debt to EBITDA at 35.08. When we switch over and look at the enterprise to sales, we see a ratio of 0.78. 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 conclusion, Container Store Group Inc (TCS) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
