The leading market experts have placed a mean price target of $11.400 on Textainer Group Holdings Limited (NYSE:TGH) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.070 a share for the upcoming quarter and $0.320 for the current fiscal.
The technical analysis of Textainer Group Holdings Limite plainly substantiates that the 50-day moving average of Textainer Group Holdings Limite is $11.263, and stock is trading $-1.941 points away or -17.236% from its 50-day moving average of $11.263. Further it is trading $-3.011 or -24.414% away its 200-day moving average of $12.333. Textainer Group Holdings Limited (NYSE:TGH) 52-week high is $21.120 and the 52-week low is $7.130.
This explains if the stock moves $-11.798, it will post a 52-week high. In event of +30.743% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Textainer Group Holdings Limite, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Textainer Group Holdings Limited (NYSE:TGH) ratio came in at 20.221.
The stock last ended the trading session at $9.322 and registered a market cap of $527.53M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Textainer Group Holdings Limited (NYSE:TGH) PEG ratio is at -1.490.
1 Chart Pattern Every Investor Should Know