Textainer Group Holdings Limited (NYSE:TGH) PEG Ratio At -1.28

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Market experts has given a mean price target of $11.75 to Textainer Group Holdings Limited (NYSE:TGH) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.07 for the near-term quarter and $0.32 for this year.

Technical View

The technical assessment of Textainer Group Holdings Limite pinpoints that the 50-day moving average of Textainer Group Holdings Limited (NYSE:TGH) stock is $9.00, and is trading $-1.00 points away or -11.06% from 50-day moving average of $9.00. It is trading $-3.95 or -33.05% off 200-day MA of $11.95.

The 52-week high of Textainer Group Holdings Limited (NYSE:TGH) was $21.12 while $7.13 is the low point in the same period. Textainer Group Holdings Limite share price has to rise more than $-13.12 to register a high for 52-weeks or drop +12.20% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

Textainer Group Holdings Limited (NYSE:TGH) P/E ratio is 17.35 while PEG ratio is at -1.28. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

Textainer Group Holdings Limite stock recorded a close of $8.00 in last trading session, which brings it market cap to $452.72M.

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