Textainer Group Limited trades as part of the consulting and outsourcing industry and trades as part of the industrials sector. The company CEO is Olivier Ghesquiere. Textainer Group operates as a lessor of intermodal containers based on fleet size. The company engages in the purchase, ownership, management, leasing, and disposal of a fleet of intermodal containers.



Previous Intraday Performance:

The TGH shares had a previous change of 0.82% which opened at 9.88 and closed at 9.89. It moved to an intraday high of 10.05 and a low of 9.82.

SeekingAlpha:  Textainer Group Holdings’ (TGH) CEO Olivier Ghesquiere on Q1 2019 Results – Earnings Call Transcript

Historical Performance:

Over the last five trading days, TGH shares returned 1.96% and in the past 30 trading days it returned 3.67%. Over three months, it changed -12.32%. In one year it has changed -40.60% and within that year its 52 week high was 17.20 and its 52 week low was 9.10. TGH stock is 8.68% above its 52 week low.

Our calculations result in a 200 day moving average of 11.43 and a 50 day moving average of 9.88. Right now, TGH stock is trading -13.44% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Textainer Group Holdings Limited 2019 Q1 – Results – Earnings Call Slides

Liquidity:

The company has a market cap of $567.7m with 57.4m shares outstanding and a float of 57.4m shares. Trading volume was 179,451 shares and has experienced an average volume of 135,099 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Textainer Group Limited was 0.88 which ended on 31st of December 2018, which according to the previous close, that is a PE of 11.24. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.31. The trailing twelve month EPS reported is 1.21 (trailing twelve month diluted EPS is 0.84).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-09-2019: 0.30
4thQtr 2018Reported 02-21-2019: 0.21
3rdQtr 2018Reported 11-02-2018: 0.03
2ndQtr 2018Reported 08-07-2018: 0.30
1stQtr 2018Reported 05-08-2018: 0.33

The growth of the EPS is critical in understanding the current valuation of Textainer Group Limited; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 11.30% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 41.30% of institutional ownership. Short-interest was 902,668, which was 1.57% of shares outstanding. The short-interest ratio or days-to-cover ratio was 6.59. This stock has some short interest, but it might be normal and no need to worry if long the position.



The beta was calculated to be 2.24.

SeekingAlpha:  Textainer Group Holdings Limited 2019 Q1 – Results – Earnings Call Slides

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 1.08%, profit margin is 8.24%, price-to-sales is 0.90 and price-to-book is 0.46.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 1  : Financial Safety Result
 2  : Past Performance Result
 4  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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