The stock of Container Store Group Inc (NYSE:TCS) is a huge mover today! About 183,011 shares traded hands or 11.52% up from the average. Container Store Group Inc (NYSE:TCS) has declined 8.70% since March 9, 2016 and is downtrending. It has underperformed by 16.12% the S&P500.
The move comes after 7 months negative chart setup for the $232.85 million company. It was reported on Oct, 12 by Barchart.com. We have $4.18 PT which if reached, will make NYSE:TCS worth $32.60M less.
Container Store Group Inc (NYSE:TCS) Ratings Coverage
Out of 6 analysts covering Container Store Group Inc (NYSE:TCS), 1 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 17% are positive. Container Store Group Inc has been the topic of 9 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The stock of Container Store Group Inc (NYSE:TCS) earned “Underperform” rating by Bank of America on Friday, December 11. The firm earned “Neutral” rating on Tuesday, April 26 by Goldman Sachs. The firm has “Hold” rating by Sterne Agee CRT given on Sunday, August 16. The stock of Container Store Group Inc (NYSE:TCS) has “Hold” rating given on Thursday, August 20 by BB&T Capital. Credit Suisse maintained it with “Outperform” rating and $10 target price in Friday, January 8 report. The firm earned “Neutral” rating on Wednesday, April 6 by Goldman Sachs. JP Morgan downgraded Container Store Group Inc (NYSE:TCS) on Friday, January 8 to “Neutral” rating. Goldman Sachs initiated the shares of TCS in a report on Thursday, December 17 with “Neutral” rating.
According to Zacks Investment Research, “The Container Store Group, Inc. operates as a specialty retailer of storage and organization products in the United States. The company operates in two segments, TCS and Elfa. TCS segment consists of its retail stores, ebsite and call center. Elfa segment designs and manufactures component-based shelving and drawer systems that are customizable for any area of the home, including closets, kitchens, offices and garages. The Container Store Group, Inc. is headquartered in Coppell, Texas.”
Insitutional Activity: The institutional sentiment increased to 1.76 in 2016 Q2. Its up 0.67, from 1.09 in 2016Q1. The ratio increased, as 7 funds sold all Container Store Group Inc shares owned while 18 reduced positions. 17 funds bought stakes while 27 increased positions. They now own 38.39 million shares or 0.03% less from 38.40 million shares in 2016Q1.
Renaissance Technology Ltd Liability Co has 372,538 shares for 0% of their US portfolio. Wells Fargo And Company Mn reported 143,143 shares or 0% of all its holdings. Nationwide Fund Advsrs accumulated 34,741 shares or 0% of the stock. New York State Common Retirement Fund accumulated 0% or 14,400 shares. Winch Advisory Ltd Liability Company owns 15 shares or 0% of their US portfolio. National Bank & Trust Of America Corp De reported 30,803 shares or 0% of all its holdings. Gradient Invests Ltd Co accumulated 0% or 200 shares. Alliancebernstein L P has 0% invested in the company for 17,900 shares. Moreover, Tfs Capital Ltd Com has 0.12% invested in Container Store Group Inc (NYSE:TCS) for 123,373 shares. Leonard Green Lp accumulated 27.51M shares or 16.08% of the stock. Us Comml Bank De has invested 0% of its portfolio in Container Store Group Inc (NYSE:TCS). Blackrock Group Incorporated Limited accumulated 6,027 shares or 0% of the stock. Manufacturers Life Com The holds 0% of its portfolio in Container Store Group Inc (NYSE:TCS) for 1,413 shares. Citigroup has 12,472 shares for 0% of their US portfolio. California Public Employees Retirement Systems reported 62,386 shares or 0% of all its holdings.
Insider Transactions: Since August 23, 2016, the stock had 1 insider buy, and 0 insider sales for $15,015 net activity. STERN CARYL also bought $15,015 worth of Container Store Group Inc (NYSE:TCS) on Tuesday, August 23.
More notable recent Container Store Group Inc (NYSE:TCS) news were published by: Quotes.Wsj.com which released: “News Container Store Group Inc.TCS” on October 26, 2013, also Fool.com with their article: “Why Did The Container Store Group, Inc. Gain 21% in April?” published on May 07, 2016, Fool.com published: “Why Container Store Group Inc. Stock Fell 10% on Tuesday” on March 09, 2016. More interesting news about Container Store Group Inc (NYSE:TCS) were released by: Fool.com and their article: “Why Shares of The Container Store Group Inc Tumbled 57% in 2015” published on January 06, 2016 as well as Fool.com‘s news article titled: “Why The Container Store Group, Inc. Stock Plummeted Today” with publication date: January 08, 2016.
TCS Company Profile
The Container Store Group, Inc., incorporated on June 29, 2007, is a specialty retailer of storage and organization products. The Company’s divisions include The Container Store (TCS), Elfa and Corporate/Other. The Firm merchandises over 11,000 products in each of its stores and online. The Company’s stores are organized into various lifestyle departments, which include Bath, Box, Closets, Collections, Containers, Custom Closets, Food Storage, Gift Packaging, Hooks, Kitchen, Laundry, Office, Shelving, Storage, Trash and Travel. The Bath department’s products include Countertop Organizers, Cosmetic and Jewelry Organizers, Shower and Bathtub Organizers, Drawer Organization and Cabinet Storage. The Box department’s products include Corrugated Boxes, Packing Material, Tape, Storage Bags and Specialty Boxes. The Closets department’s products include Shoe Racks, Hangers, Drawer Organizers, Boxes and Bins, Hanging Storage Bags and Garment Racks. The Collections department’s products include Media Storage, Photo Storage, Display, Small Craft and Parts Organizers. The Containers department’s products include Small Boxes, Small Baskets, Tins, Divided Boxes and Decorative Containers.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.