The Container Store Group - TCS Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Container Store Group in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TCS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TCS, but not buy additional shares or sell existing shares.
View TCS analyst ratings or view top-rated stocks.

3 equities research analysts have issued 1-year target prices for The Container Store Group's stock. Their TCS share price forecasts range from $5.00 to $7.00. On average, they predict the company's share price to reach $5.67 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price.
View analysts price targets for TCS or view top-rated stocks among Wall Street analysts.

The Container Store Group's stock was trading at $9.98 at the start of the year. Since then, TCS stock has decreased by 52.8% and is now trading at $4.71.
View the best growth stocks for 2022 here.

The Container Store Group saw a increase in short interest in October. As of October 15th, there was short interest totaling 1,650,000 shares, an increase of 26.0% from the September 30th total of 1,310,000 shares. Based on an average trading volume of 434,000 shares, the short-interest ratio is currently 3.8 days. Approximately 4.9% of the company's stock are short sold.
View The Container Store Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our TCS earnings forecast.

The Container Store Group, Inc. (NYSE:TCS) posted its earnings results on Tuesday, November, 2nd. The specialty retailer reported $0.54 EPS for the quarter, beating analysts' consensus estimates of $0.32 by $0.22. The specialty retailer earned $275.95 million during the quarter, compared to analyst estimates of $265.50 million. The Container Store Group had a net margin of 5.69% and a trailing twelve-month return on equity of 14.43%. During the same quarter in the prior year, the company earned $0.43 earnings per share.

The Container Store Group issued an update on its third quarter 2022 earnings guidance on Tuesday, November, 8th. The company provided EPS guidance of $0.02-$0.07 for the period, compared to the consensus estimate of $0.25. The company issued revenue guidance of $240.00 million-$250.00 million, compared to the consensus revenue estimate of $272.56 million.

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.

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).

The Container Store Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TCS."

The Container Store Group's stock is owned by many different retail and institutional investors. Top institutional investors include Front Street Capital Management Inc. (5.24%), Dimensional Fund Advisors LP (5.01%), BlackRock Inc. (4.99%), Vanguard Group Inc. (3.43%), State Street Corp (1.75%) and SCP Investment LP (1.26%). Insiders that own company stock include Equity Investors V LP Green, John Gehre, John Kristofer Galashan, Robert E Jordan, Satish Malhotra, Timothy John Flynn and Wendi Christine Sturgis.
View institutional ownership trends.

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.

One share of TCS stock can currently be purchased for approximately $4.71.

The Container Store Group (NYSE:TCS) has a market capitalization of $238.47 million and generates $1.09 billion in revenue each year. The specialty retailer earns $81.72 million in net income (profit) each year or $1.25 on an earnings per share basis.

The company employs 5,200 workers across the globe.

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.