The Container Store Group Inc (NYSE: TCS) has reported a loss for its second fiscal quarter (ending September 30) of $-4.85 versus a loss $-0.48 for the same period a year ago — an increase of 910%. For the latest four quarters through September 30, E.P.S. were $-29.85 compared to $-4.49 a year ago — an increase of 565%.
Recent Price Action
On 10/29/24, The Container Store Group Inc (NYSE: TCS) stock suffered a major decline of -12.4%, closing at $8.39. Moreover, this decline was accompanied by unusually high trading volume at 190% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -30.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, TCS is expected to be Value Creation neutral.
Container Store Group has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Container Store Group has a very low Appreciation Score of 11 and a very low Power Rating of 3, triggering the Lowest Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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