CAI International (CAI) Receives Daily Media Impact Score of 0.25
News headlines about CAI International (NYSE:CAI) have been trending positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty 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 0.25 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 44.5194770449348 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
CAI has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $26.00 target price on shares of CAI International in a research report on Friday, July 14th. Cowen and Company boosted their target price on CAI International from $23.00 to $28.00 and gave the stock a “market perform” rating in a research report on Thursday, July 27th. TheStreet upgraded CAI International from a “d+” rating to a “c” rating in a research report on Wednesday, July 26th. Finally, ValuEngine upgraded CAI International from a “hold” rating to a “buy” rating in a research report on Friday, July 28th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. CAI International currently has an average rating of “Buy” and an average price target of $24.75.
CAI International (NYSE:CAI) traded down 0.85% during mid-day trading on Friday, reaching $29.31. The company’s stock had a trading volume of 87,246 shares. The firm has a market capitalization of $564.13 million, a P/E ratio of 42.48 and a beta of 2.20. The firm’s 50 day moving average price is $28.78 and its 200 day moving average price is $22.12. CAI International has a 52 week low of $6.75 and a 52 week high of $31.61.
CAI International (NYSE:CAI) last issued its quarterly earnings results on Wednesday, July 26th. The transportation company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.09. CAI International had a return on equity of 4.13% and a net margin of 4.14%. The company had revenue of $82.69 million for the quarter, compared to analysts’ expectations of $85.18 million. During the same period last year, the firm earned $0.19 EPS. The firm’s revenue for the quarter was up 15.4% on a year-over-year basis. On average, analysts anticipate that CAI International will post $2.33 EPS for the current fiscal year.
In other news, Director Hiromitsu Ogawa sold 693,927 shares of CAI International stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $26.60, for a total transaction of $18,458,458.20. Following the transaction, the director now directly owns 712,433 shares in the company, valued at approximately $18,950,717.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 24.50% of the stock is currently owned by company insiders.
CAI International Company Profile
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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