The Container Store Group Inc. (NYSE:TCS)’s share price shot up 3.8% during mid-day trading on Monday . The stock traded as high as $5.97 and last traded at $5.95, with a volume of 133,571 shares changing hands. The stock had previously closed at $5.73.

Several research firms have recently issued reports on TCS. Zacks Investment Research lowered The Container Store Group from a “hold” rating to a “strong sell” rating in a report on Thursday, April 28th. Goldman Sachs Group Inc. upped their target price on The Container Store Group from $5.30 to $5.75 and gave the company a “neutral” rating in a report on Wednesday, April 6th. Barclays PLC began coverage on The Container Store Group in a report on Wednesday, March 30th. They issued an “equal weight” rating and a $6.00 target price for the company. Finally, Jefferies Group reaffirmed a “hold” rating on shares of The Container Store Group in a report on Tuesday, April 26th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $10.39.

The stock has a 50 day moving average of $5.26 and a 200-day moving average of $5.54. The company has a market cap of $286.48 million and a PE ratio of 55.79.

The Container Store Group (NYSE:TCS) last released its earnings results on Monday, April 25th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by $0.01. During the same period last year, the firm earned $0.24 EPS. The firm had revenue of $232.10 million for the quarter, compared to analysts’ expectations of $230.53 million. The business’s revenue was up 3.5% on a year-over-year basis. Analysts forecast that The Container Store Group Inc. will post $0.25 EPS for the current year.

A hedge fund recently raised its stake in The Container Store Group stock. Wells Fargo & Company MN raised its stake in shares of The Container Store Group Inc. (NYSE:TCS) by 27.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 129,780 shares of the company’s stock after buying an additional 28,142 shares during the period. Wells Fargo & Company MN owned 0.27% of The Container Store Group worth $1,065,000 as of its most recent SEC filing.

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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