The Container Store Group Inc. (NYSE:TCS) dropped 2.2% during trading on Friday . The company traded as low as $5.16 and last traded at $5.26, with a volume of 187,207 shares changing hands. The stock had previously closed at $5.38.

TCS has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of The Container Store Group from a “strong sell” rating to a “buy” rating and set a $8.50 price objective on the stock in a research report on Friday, April 29th. Jefferies Group reissued a “hold” rating on shares of The Container Store Group in a research report on Tuesday, April 26th. Finally, Goldman Sachs Group Inc. upped their target price on shares of The Container Store Group from $5.75 to $7.50 and gave the company a “neutral” rating in a report on Tuesday, April 26th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $10.39.

The firm has a market capitalization of $257.75 million and a PE ratio of 49.81. The firm has a 50 day moving average price of $5.55 and a 200 day moving average price of $5.51.

The Container Store Group (NYSE:TCS) last posted its quarterly earnings data on Tuesday, August 9th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.06. During the same quarter in the previous year, the firm posted ($0.11) EPS. The company had revenue of $177.40 million for the quarter, compared to analyst estimates of $848.70 million. The Container Store Group’s quarterly revenue was up 4.5% on a year-over-year basis. On average, equities analysts forecast that The Container Store Group Inc. will post $0.23 earnings per share for the current year.

The Container Store Group, Inc is a specialty retailer of storage and organization products in the United States. The Company is the original storage and organization specialty retailer. The Company operates in two segments: TCS and Elfa. TCS segment consists of its retail stores, ebsite and call center.

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