News stories about CAI International (NYSE:CAI) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CAI International earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 45.8263813684031 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.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- A problem many countries would love to have (tuoitrenews.vn)
- ABACE 2018 Makes Shanghai the World’s Business Aviation Center This Week (aviationpros.com)
- China honors UD’s Cai (udel.edu)
- Short Interest in CAI International, Inc. (CAI) Increases By 62.2% (americanbankingnews.com)
- 20,000 runners participate in Beijing marathon (china.org.cn)
Several analysts recently commented on CAI shares. Zacks Investment Research raised CAI International from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a research note on Tuesday, January 16th. Cowen dropped their price objective on CAI International from $46.00 to $40.00 and set an “outperform” rating on the stock in a research note on Thursday, February 15th. ValuEngine raised CAI International from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Wells Fargo raised CAI International from a “market perform” rating to an “outperform” rating and set a $35.00 price objective on the stock in a research note on Wednesday, February 14th. Finally, William Blair reaffirmed an “outperform” rating on shares of CAI International in a research note on Tuesday, February 6th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $33.20.
Shares of CAI traded down $0.16 during midday trading on Tuesday, hitting $21.50. The stock had a trading volume of 183,785 shares, compared to its average volume of 332,433. CAI International has a twelve month low of $14.43 and a twelve month high of $40.11. The company has a market capitalization of $434.20, a price-to-earnings ratio of 7.47, a P/E/G ratio of 0.68 and a beta of 2.22. The company has a debt-to-equity ratio of 2.79, a current ratio of 0.54 and a quick ratio of 0.54.
CAI International (NYSE:CAI) last released its quarterly earnings results on Wednesday, February 14th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.17. CAI International had a return on equity of 11.21% and a net margin of 20.68%. The firm had revenue of $94.03 million for the quarter, compared to the consensus estimate of $95.66 million. During the same quarter last year, the business posted ($0.09) EPS. The company’s revenue for the quarter was up 21.7% on a year-over-year basis. sell-side analysts anticipate that CAI International will post 3.87 earnings per share for the current fiscal year.
In other CAI International news, major shareholder Ogawa Family Trust sold 1,250,000 shares of CAI International stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $21.58, for a total value of $26,975,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 24.50% of the company’s stock.
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About CAI International
CAI International, Inc operates as transportation finance and logistics company in the United States and internationally. The company operates through three segments: Container Leasing, Rail Leasing, and Logistics. It leases, re-leases, and disposes equipment; and contracts for the repair, repositioning, and storage of equipment.
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