NYSE:TCS

The Container Store Group (TCS) Stock Forecast, Price & News

$2.10

-0.03 (-1.41%)

(As of 09/21/2023 ET)

Compare

Today's Range: $2.09
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$2.15
50-Day Range: $2.10
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$3.67
52-Week Range: $2.07
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$5.80

Volume: 233,239 shs
Average Volume: 290,319 shs
Market Capitalization: $107.92 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.50

The Container Store Group MarketRank™ Forecast

Analyst Rating: Reduce
1.67 Rating Score
Upside/Downside: 114.3% Upside
$4.50 Price Target
Short Interest: Healthy
2.57% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.25
Upright™ Environmental Score
News Sentiment: 0.39
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$225,318 Bought Last Quarter
Proj. Earnings Growth: 290.00%
From $0.10 to $0.39 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Consumer Discretionary Sector

64th out of 256 stocks

Home Furniture, Furnishings & Equipment Stores Industry

1st out of 4 stocks

2.8

Analyst's Opinion

Consensus Rating
The Container Store Group has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $4.50, The Container Store Group has a forecasted upside of 114.3% from its current price of $2.10.
Amount of Analyst Coverage
The Container Store Group has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.57% of the float of The Container Store Group has been sold short.
Short Interest Ratio / Days to Cover
The Container Store Group has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in The Container Store Group has recently increased by 5.52%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
The Container Store Group does not currently pay a dividend.
Dividend Growth
The Container Store Group does not have a long track record of dividend growth.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
The Container Store Group has received a 7.53% net impact score from Upright. Container Store seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of storage furniture at a furniture store", "Office furniture", and "Storage furniture and equipment" products. See details.
Environmental Sustainability
The Environmental Impact score for The Container Store Group is -1.25.

3.0

News and Social Media Coverage

News Sentiment
The Container Store Group has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for The Container Store Group this week, compared to 1 article on an average week.
Search Interest
3 people have searched for TCS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
4 people have added The Container Store Group to their MarketBeat watchlist in the last 30 days.

5.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Container Store Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $225,318.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
34.30% of the stock of The Container Store Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
69.50% of the stock of The Container Store Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for The Container Store Group are expected to grow by 290.00% in the coming year, from $0.10 to $0.39 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Container Store Group is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Container Store Group is -0.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
The Container Store Group has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About The Container Store Group (NYSE:TCS) Stock

The Container Store Group, Inc. operates as a specialty retailer of organizing solutions, custom spaces, and in-home organizing services in the United States. The company operates in two segments, The Container Store and Elfa. Its stores provide custom space offerings; countertop organizers, cosmetic and jewelry organizers, shower and bathtub organizers, drawer organization, and cabinet storage products; closets; and ventilated and solid shelving and drawer components and systems, wall and door rack solutions, accessories, utility and garage systems, and sliding doors. The company also offers gift packaging products; wall mounted, adhesive, magnetic, overdoor, command hooks, wall mounted shelves, and floor protection hooks; and canisters, jars, lunchtime essentials, bulk food storage, plastic and glass food storage, drawer liners and organizers, countertop organizers, dish drying racks, cabinet storage, pantry organizers, kitchen gadgets, and China storage products. In addition, it provides step stools, hampers, laundry bags and baskets, clothes drying racks, and cleaning tools; desktop collections, paper storage, file carts and cabinets, literature organizers, message boards, media storage, photo storage, display, small craft and parts organizers, and desk chairs; and free-standing and wall mounted shelving, cube systems, component shelving, desks, chairs, and garages. Further, the company offers drawers, boxes and bins, totes, crates, carts, toy storage, archival storage, storage bags, specialty bins, boxes, and cubes; kitchen step-on and sensor cans, recycle bins, composting, wastebaskets, open cans, and trash bags; and luggage, clothing organizers, cosmetic and jewelry organizers, travel bottles, and travel accessories. It sells its products directly to customers through its website, responsive mobile site, and call center, as well as to various retailers and distributors on wholesale basis. The company was founded in 1978 and is headquartered in Coppell, Texas.

TCS Price History

30 days | 90 days | 365 days | Advanced Chart

TCS Stock News Headlines

September 21, 2023 | finance.yahoo.com

A millionaire CEO just cut his salary to make sure his staff could all get raises this year (the ones who weren’t laid off)

September 19, 2023 | finance.yahoo.com

7 Consumer Stocks to Sell in September Before They Crash & Burn

September 22, 2023 | Edge On The Street (Ad)

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September 18, 2023 | americanbankingnews.com

The Container Store Group (NYSE:TCS) versus Tile Shop (NASDAQ:TTSH) Head to Head Review

September 16, 2023 | techrepublic.com

Top Container Management Tools

September 14, 2023 | americanbankingnews.com

Tile Shop (NASDAQ:TTSH) vs. The Container Store Group (NYSE:TCS) Financial Contrast

September 12, 2023 | americanbankingnews.com

The Container Store Group (NYSE:TCS) vs. Tile Shop (NASDAQ:TTSH) Critical Comparison

September 6, 2023 | finance.yahoo.com

The Container Store Infuses Newness with Direct-to-Consumer Products

September 22, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

August 21, 2023 | msn.com

The Container Store: Weak Sales Trends And Lack Of Catalysts

August 8, 2023 | finance.yahoo.com

Follett Higher Education and The Container Store Launch Pop-up Shops Across 36 College Campuses

August 3, 2023 | finance.yahoo.com

At US$2.68, Is It Time To Put The Container Store Group, Inc. (NYSE:TCS) On Your Watch List?

August 3, 2023 | finance.yahoo.com

Q1 2023 Container Store Group Inc Earnings Call

August 3, 2023 | finance.yahoo.com

The Container Store Group, Inc. (NYSE:TCS) Q1 2023 Earnings Call Transcript

August 2, 2023 | finance.yahoo.com

Container Store Group (TCS) Reports Q1 Loss, Misses Revenue Estimates

June 22, 2023 | finance.yahoo.com

The Container Store Elevates its College Business Through Partnership with Dormify

June 20, 2023 | finance.yahoo.com

The Container Store Publishes Second Annual Sustainability Report

June 9, 2023 | finance.yahoo.com

Synchrony (SYF) Solidifies Ties, Offers Perks for TCS Clients

May 25, 2023 | finance.yahoo.com

Buy Side from WSJ | 18 Best Deals to Shop at the Container Store Memorial Day Sale

May 25, 2023 | finance.yahoo.com

The Container Store Group, Inc. (NYSE:TCS) Analysts Just Trimmed Their Revenue Forecasts By 16%

May 22, 2023 | finance.yahoo.com

Buy Side from WSJ | 16 Best Deals to Shop at the Container Store Memorial Day Sale

May 21, 2023 | uk.finance.yahoo.com

Independent Chairman of Container Store Group Picks Up 18% More Stock

May 21, 2023 | finance.yahoo.com

Independent Chairman of Container Store Group Picks Up 18% More Stock \

May 20, 2023 | msn.com

Goldman Sachs Maintains Container Store Group (TCS) Neutral Recommendation

May 17, 2023 | msn.com

Lake Street Maintains Container Store Group (TCS) Buy Recommendation

May 17, 2023 | msn.com

Container Store plans layoffs, sales expected to decline further despite Bed Bath & Beyond closures

May 17, 2023 | msn.com

The Container Store Falls after Disappointing Outlook

See More Headlines

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TCS Company Calendar

Last Earnings: 8/01/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/07/2023
Fiscal Year End: 3/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Home furniture, furnishings & equipment stores
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NYSE:TCS
CUSIP: N/A
CIK: 1411688
Web: www.containerstore.com
Phone: (972) 538-6000
Fax: N/A
Employees: 5,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $4.50
High Stock Price Forecast: $5.00
Low Stock Price Forecast: $3.50
Forecasted Upside/Downside: +114.3%
Consensus Rating: Reduce
Rating Score (0-4): 1.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.70)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 21.00
P/E Growth: N/A
Net Income: $-158,860,000.00
Net Margins: -18.27%
Pretax Margin: -17.53%
Return on Equity: 4.73%
Return on Assets: 1.51%

Debt

Debt-to-Equity Ratio: 0.74
Current Ratio: 1.25
Quick Ratio: 0.32

Sales & Book Value

Annual Sales: $1.05 billion
Price / Sales: 0.10
Cash Flow: $1.48 per share
Price / Cash Flow: 1.42
Book Value: $5.18 per share
Price / Book: 0.41

Miscellaneous

Outstanding Shares: 51,390,000
Free Float: 33,765,000
Market Cap: $107.92 million
Optionable: Optionable
Beta: 1.52

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Key Executives

Mr. Satish Malhotra (Age 48)
CEO, Pres & Director
Comp: $1.21M

Mr. Jeffrey A. Miller (Age 51)
Chief Financial Officer
Comp: $499.68k

Mr. Dhritiman Saha (Age 51)
Exec. VP & COO
Comp: $524.92k

Ms. Kristin L. Schwertner (Age 45)
Chief Accounting Officer & VP

Ms. Melissa Collins (Age 56)
Chief Marketing Officer

Mr. John Marazio
Exec. VP of HR

Ms. Gretchen Ganc
Exec. VP of Strategy & Analytics

Ms. Stacey Shively (Age 54)
Chief Merchandising Officer

Michael Lambeth
VP, Treasurer & Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TCS Stock - Frequently Asked Questions

Should I buy or sell The Container Store Group stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Container Store Group in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" TCS shares.
View TCS analyst ratings or view top-rated stocks.
What is The Container Store Group's stock price forecast for 2023?: 3 brokers have issued 12-month price objectives for The Container Store Group's shares. Their TCS share price forecasts range from $3.50 to $5.00. On average, they expect the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 114.3% from the stock's current price.
View analysts price targets for TCS or view top-rated stocks among Wall Street analysts.
How have TCS shares performed in 2023?: The Container Store Group's stock was trading at $4.31 at the beginning of the year. Since then, TCS stock has decreased by 51.3% and is now trading at $2.10.
View the best growth stocks for 2023 here.
When is The Container Store Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our TCS earnings forecast.
How were The Container Store Group's earnings last quarter?: The Container Store Group, Inc. (NYSE:TCS) announced its earnings results on Tuesday, August, 1st. The specialty retailer reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $0.13. The specialty retailer had revenue of $207.11 million for the quarter, compared to analysts' expectations of $209.19 million. The Container Store Group had a negative net margin of 18.27% and a positive trailing twelve-month return on equity of 4.73%.
What guidance has The Container Store Group issued on next quarter's earnings?: The Container Store Group updated its second quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of -$0.10-0 for the period, compared to the consensus earnings per share estimate of $0.13. The company issued revenue guidance of $205.00 million-$215.00 million, compared to the consensus revenue estimate of $232.08 million.
What is Melissa Reiff's approval rating as The Container Store Group's CEO?: 259 employees have rated The Container Store Group Chief Executive Officer Melissa Reiff on Glassdoor.com. Melissa Reiff has an approval rating of 76% among the company's employees.

What other stocks do shareholders of The Container Store Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other The Container Store Group investors own include Advanced Micro Devices (AMD), Tesla (TSLA), Micron Technology (MU), Activision Blizzard (ATVI), Salesforce (CRM), Walt Disney (DIS), Home Depot (HD), Intel (INTC), Alibaba Group (BABA) and International Business Machines (IBM).
What is The Container Store Group's stock symbol?: The Container Store Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCS."
Who are The Container Store Group's major shareholders?: The Container Store Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Front Street Capital Management Inc. (4.77%), Dimensional Fund Advisors LP (3.51%), Glendon Capital Management LP (2.73%), BlackRock Inc. (1.55%), SCP Investment LP (1.46%) and Charles Schwab Investment Management Inc. (1.20%). Insiders that own company stock include Dhritiman Saha, Equity Investors V LP Green, Jeffrey A Miller, John Gehre, John Kristofer Galashan, Robert E Jordan, Satish Malhotra, Timothy John Flynn and Wendi Christine Sturgis.
View institutional ownership trends.
How do I buy shares of The Container Store Group?: Shares of TCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is The Container Store Group's stock price today?: One share of TCS stock can currently be purchased for approximately $2.10.
How much money does The Container Store Group make?: The Container Store Group (NYSE:TCS) has a market capitalization of $107.92 million and generates $1.05 billion in revenue each year. The specialty retailer earns $-158,860,000.00 in net income (profit) each year or ($3.70) on an earnings per share basis.
How many employees does The Container Store Group have?: The company employs 5,100 workers across the globe.
How can I contact The Container Store Group?: The Container Store Group's mailing address is 500 Freeport Parkway, Coppell TX, 75019. The official website for the company is www.containerstore.com. The specialty retailer can be reached via phone at (972) 538-6000 or via email at investorrelations@containerstore.com.

This page (NYSE:TCS) was last updated on 9/22/2023 by MarketBeat.com Staff

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The Container Store Group (TCS) Stock Forecast, Price & News

The Container Store Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About The Container Store Group (NYSE:TCS) Stock

TCS Price History

TCS Stock News Headlines

TCS Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TCS Stock - Frequently Asked Questions

Overall MarketRank^™