Shares of Textainer Group Holdings Ltd. (NYSE:TGH) were down 6.1% during trading on Tuesday . The company traded as low as $10.30 and last traded at $10.39, with a volume of 97,807 shares changing hands. The stock had previously closed at $11.06.

A number of analysts have recently commented on TGH shares. Zacks Investment Research upgraded Textainer Group Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, April 20th. Cowen and Company dropped their target price on Textainer Group Holdings from $15.00 to $9.00 and set a “market perform” rating on the stock in a report on Thursday, May 5th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $13.43.

The stock’s 50 day moving average is $11.95 and its 200-day moving average is $12.50. The firm has a market cap of $598.51 million and a PE ratio of 8.87.

Textainer Group Holdings (NYSE:TGH) last issued its quarterly earnings results on Wednesday, May 4th. The company reported $0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.20 by $0.09. During the same period in the prior year, the firm posted $0.71 EPS. The business earned $128.90 million during the quarter, compared to analysts’ expectations of $125.81 million. The company’s revenue for the quarter was down 7.4% on a year-over-year basis. Equities research analysts forecast that Textainer Group Holdings Ltd. will post $0.65 EPS for the current fiscal year.

Textainer Group Holdings Limited (TGH) is a holding company. The Company is involved in the purchase, ownership, management, leasing and disposal of a fleet of intermodal containers. The Company is a lessor of intermodal containers based on fleet size, with a total fleet of more than 2.1 million containers.