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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Container Store Group in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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.
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3 equities research analysts have issued 1 year price objectives for The Container Store Group's stock. Their TCS share price forecasts range from $5.00 to $7.00. On average, they expect the company's share price to reach $5.67 in the next year. This suggests a possible upside of 19.8% from the stock's current price.
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The Container Store Group's stock was trading at $9.98 at the beginning of the year. Since then, TCS stock has decreased by 52.6% and is now trading at $4.73.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
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The Container Store Group, Inc. (NYSE:TCS) issued its earnings results on Tuesday, November, 2nd. The specialty retailer reported $0.54 earnings per share for the quarter, topping the consensus estimate 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 trailing twelve-month return on equity of 14.43% and a net margin of 5.69%. During the same quarter in the previous year, the business earned $0.43 EPS.

The Container Store Group updated its third quarter 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share (EPS) guidance of $0.02-$0.07 for the period, compared to the consensus EPS 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 a number of retail and institutional investors. Top institutional shareholders 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.
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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.
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One share of TCS stock can currently be purchased for approximately $4.73.

The Container Store Group (NYSE:TCS) has a market capitalization of $239.48 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.