TCS stock: buy or sell?
July 16th, 2019
The Container Store Group, Inc. engages in the retailing of storage and organization products and solutions in the United States.
Should I buy TCS stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Container Store stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Container Store stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we detected 2 ratings published for TCS stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-11||Goldman Sachs Group||Sell||Sell|
TCS stock analysis
After sliding for 4 sessions, Tuesday Container Store jumped an excellent 2.77%, closing at $7.04.
After sliding for 4 days, Tuesday Container Store jumped an excellent 2.77%, closing at $7.04. Since price and SMA200d lines crossed down on Thursday, TCS fell $-0.40 per share (-5.38%). Since SMA100d and SMA200d crossed up on Jun/20, TCS price slid a -8.57%.
After sliding a bloodcurdling -10.90% in a week last week, Container Store closed this week at $7.04 and stepped up a slightly fine 1.00%. Early July TCS climbed an impressive 5.30% in just one week.
Container Store is in a clear downtrend, marking consecutive falling tops and bottoms. Now is trading in between the - range. There is an opportunity to rebound and reverse this situation if price can hold above the level. Since last week, when TCS stock price broke down the 40-weeks moving avarage line, it slid $-0.69 per share (-8.93%). Stocks below the 200 days moving average line are usually not recommended for average traders. Early June, SMA20w and SMA40w crossed up triggering a rise of 0.14%.
TCS stock price history
TCS IPO was on November 1st, 2013 at $35.00 per share1. Since then, TCS stock declined a -79.90%, with a yearly average of -16.00%.
1: Adjusted price after possible price splits or reverse-splits.
TCS stock historical price chart
TCS stock reached 52-week highs on August at $12.42, and all-time highs 2013-12-31 with a price of 47.07.
TCS stock price target is $8.50Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 2 price targets for TCS stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-11||Goldman Sachs Group||Initiates||n/a||$7.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Container Store missed the expectations of the analysts and posted a scary EPS of $0.07 per share when experts were expecting $0.11.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Container Store annual revenues grew a nice 4.55% to $857.23 M USD from $819.93 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) remained steady a 0.44% to 2.27%. Container Store fiscal year ends in March, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Container Store TTM sales up to December 2018 were $874.68 and income $5.40 M USD. If we compare this TTM figures with the last reported annuality, we can review Container Store business evolution since March 2018: Annual revenues up to December, compared to lastest yearly report, stepped up a slightly fine 2.04%. In contrary, profit margin (net income/sales) decreased at 2.27%.
|2013||$707 M||-||$-0.13 M-0.0%||-|
|2014||$749 M||5.91%||$8.17 M1.1%||-6,384.62%|
|2015||$782 M||4.45%||$23 M2.9%||177.52%|
|2016||$795 M||1.63%||$5.14 M0.6%||-77.32%|
|2017||$820 M||3.18%||$15 M1.8%||190.80%|
|2018||$857 M||4.55%||$19 M2.3%||29.93%|
|TTM||$875 M||2.04%||$5.40 M0.6%||-72.21%|
Quarterly financial resultsContainer Store posted $221.64 M in sales for 2018-Q4, a -1.25% decline compared to previous quarter. Reported quarter income marked $9.32 M with a profit margin of 4.21%. Profit margin raised a 2.76% compared to previous quarter when profit margin was 1.44%. When comparing turnover to same quarter last year, Container Store sales marked a tight move and stayed steady a -0.60%.
|2017-Q1||$221 M||-||$8.38 M3.8%||-|
|2017-Q2||$183 M||-17.18%||$-7.68 M-4.2%||-191.65%|
|2017-Q3||$218 M||19.30%||$-0.88 M-0.4%||-88.61%|
|2017-Q4||$223 M||2.10%||$28.38 M12.7%||-3,343.31%|
|2018-Q1||$233 M||4.39%||$-0.40 M-0.2%||-101.41%|
|2018-Q2||$196 M||-15.87%||$-6.76 M-3.5%||1,595.24%|
|2018-Q3||$224 M||14.62%||$3.24 M1.4%||-147.92%|
|2018-Q4||$222 M||-1.25%||$9.32 M4.2%||187.60%|
Container Store ownershipWhen you are planning to invest in shares of a company, it's worth to review its ownership structure.
Container Store shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 30.66% of all shares.
In case of Container Store stock, 27.79% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for TCS stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$344.3 M||$994.4 B||$1.4 B||$550.7 M||$24.7 M|
|Total shares||48.9 M||492.1 M||128.2 M||26.6 M||14.3 M|
|Float shares||16.8 M||412.7 M||118.2 M||24.6 M||11.1 M|
|- Institutional holdings (%)||27.8%||57.1%||112.1%||91.6%||106.8%|
|- Insider holdings (%)||30.7%||16.1%||3.8%||9.1%||4.4%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, July 16th, 2019|
|Day range||$6.81 - $7.06|
|Average true range||$0.32|
|50d mov avg||$7.62|
|100d mov avg||$7.70|
|200d mov avg||$7.26|
Container Store performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We picked Amazon.com, Bed Bath & Beyond, Ethan Allen Interiors, Kirkland's, Pier 1 Imports, Sleep Number, Target, Tuesday Morning, Walmart and Williams-Sonoma as the bechmarking frame for Container Store stock.
|BBBYBed Bath & Beyond||-38.56%||-26.63%||-41.19%|
|ETHEthan Allen Inter...||4.28%||13.10%||-6.58%|
|PIRPier 1 Imports||-37.50%||-57.14%||-86.11%|