CAI International (CAI) Earning Somewhat Favorable Press Coverage, Study Finds
Headlines about CAI International (NYSE:CAI) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CAI International earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the transportation company an impact score of 46.9983143708389 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern’s scoring:
- Shares of CAI Up 29.8% Since Uptrend Call on Shares (mysmartrend.com)
- See what the IHS Markit Score report has to say about CAI International Inc. (finance.yahoo.com)
- CAI International (NYSE:CAI) versus Navios Maritime Midstream Partners (NAP) Head-To-Head Review (americanbankingnews.com)
- Should You Get Rid of Westinghouse Air Brake (WAB) Now? (finance.yahoo.com)
- Navios Maritime Midstream Partners (NAP) vs. CAI International (NYSE:CAI) Financial Comparison (americanbankingnews.com)
Shares of CAI International (NYSE CAI) traded up 2.72% on Friday, hitting $27.23. 205,733 shares of the stock traded hands. The stock has a 50 day moving average of $25.36 and a 200-day moving average of $19.53. CAI International has a 1-year low of $6.75 and a 1-year high of $29.11. The stock has a market cap of $524.10 million, a PE ratio of 39.46 and a beta of 2.21.
CAI International (NYSE:CAI) last released its quarterly earnings results on Wednesday, July 26th. The transportation company reported $0.65 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.09. The company had revenue of $82.69 million for the quarter, compared to analysts’ expectations of $85.18 million. CAI International had a return on equity of 4.13% and a net margin of 4.14%. The business’s quarterly revenue was up 15.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.19 earnings per share. On average, equities research analysts expect that CAI International will post $2.33 EPS for the current year.
CAI has been the topic of several analyst reports. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $24.00 target price (up previously from $20.00) on shares of CAI International in a report on Sunday, April 23rd. Zacks Investment Research lowered shares of CAI International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 18th. Cowen and Company upped their target price on shares of CAI International from $16.00 to $19.00 and gave the stock a “market perform” rating in a report on Friday, April 21st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $26.00 target price on shares of CAI International in a report on Friday, July 14th. Finally, TheStreet raised shares of CAI International from a “d+” rating to a “c” rating in a report on Wednesday, July 26th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $24.75.
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About CAI International
CAI International, Inc is a transportation finance and logistics company. The Company purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers, and also manages equipment for third-party investors. The Company operates through three segments: container leasing, rail leasing and logistics.
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