Textainer Group Holdings Ltd (NYSE: TGH) stock closed at $24.19 on 3/4/21 after a major decline of -10.9%. Moreover, unusually high trading volume at 179% of normal accompanied the decline. The stock has declined -10.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TGH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Textainer Grp Hldgs has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Textainer Grp Hldgs has a very high Appreciation Score of 89 and a very high Power Rating of 99, and the Highest Value Trend Rating results.
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.