News stories about CAI International (NYSE:CAI) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CAI International earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 44.5102241000218 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Filinvest, JGS tap Changi for Clark proposal (bworldonline.com)
- FDC, JG Summit to bid for Clark airport development (philstar.com)
- CAI International, Inc. (CAI) Insider Victor Garcia Sells 41,407 Shares (americanbankingnews.com)
- CAI International, Inc. (CAI) CFO Timothy B. Page Sells 11,405 Shares (americanbankingnews.com)
CAI International (NYSE:CAI) traded down $0.79 on Friday, hitting $35.23. The stock had a trading volume of 181,956 shares, compared to its average volume of 189,320. CAI International has a 1 year low of $8.41 and a 1 year high of $40.11. The company has a debt-to-equity ratio of 2.91, a current ratio of 0.39 and a quick ratio of 0.39. The stock has a market cap of $694.04, a PE ratio of 20.74, a P/E/G ratio of 1.70 and a beta of 2.32.
CAI International (NYSE:CAI) last posted its quarterly earnings data on Thursday, October 19th. The transportation company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.20. CAI International had a return on equity of 7.11% and a net margin of 10.93%. The firm had revenue of $90.16 million during the quarter, compared to analysts’ expectations of $89.43 million. During the same period in the prior year, the business earned $0.16 EPS. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. research analysts expect that CAI International will post 2.64 EPS for the current fiscal year.
A number of analysts recently issued reports on the company. William Blair reiterated an “outperform” rating on shares of CAI International in a research note on Friday, October 20th. Zacks Investment Research cut CAI International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. TheStreet upgraded CAI International from a “d+” rating to a “c” rating in a research report on Wednesday, July 26th. Cowen and Company upgraded CAI International from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $34.00 to $46.00 in a research report on Monday, October 23rd. Finally, ValuEngine upgraded CAI International from a “hold” rating to a “buy” rating in a research report on Friday, July 28th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. CAI International currently has a consensus rating of “Buy” and an average target price of $35.80.
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In related news, insider Victor Garcia sold 41,407 shares of the stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $36.10, for a total transaction of $1,494,792.70. Following the completion of the sale, the insider now directly owns 68,307 shares in the company, valued at approximately $2,465,882.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Camille Cutino sold 23,386 shares of the stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $37.18, for a total value of $869,491.48. Following the sale, the vice president now owns 71,640 shares of the company’s stock, valued at $2,663,575.20. The disclosure for this sale can be found here. Insiders sold a total of 791,214 shares of company stock valued at $22,015,109 over the last quarter. Company insiders own 24.50% of the company’s stock.
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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