News stories about CAI International (NYSE:CAI) have trended positive this week, Alpha One Sentiment reports. The research firm, a subsidiary of Accern, rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. CAI International earned a media sentiment score of 0.31 on Alpha One’s scale. Alpha One also assigned media coverage about the transportation company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have effected Alpha One Sentiment Analysis’s analysis:
- Top Ranked Momentum Stocks to Buy for May 17th (zacks.com)
- CAI International : Sponsoring and Attending JOC’s 2017 Gulf Shipping Conference (4-traders.com)
- Top Ranked Momentum Stocks to Buy for May 15th (finance.yahoo.com)
- CAI International, Inc. Announces its Sponsorship of the Journal of Commerce Gulf Shipping Conference (finance.yahoo.com)
- BRIEF-CAI International files for mixed shelf of up to $300 mln (reuters.com)
CAI has been the topic of a number of recent analyst reports. Zacks Investment Research lowered CAI International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 18th. SunTrust Banks, Inc. reissued a “buy” rating and issued a $24.00 price target (up from $20.00) on shares of CAI International in a research note on Sunday, April 23rd. Finally, Cowen and Company upped their target price on CAI International from $16.00 to $19.00 and gave the stock a “market perform” rating in a research report on Friday, April 21st.
Shares of CAI International (NYSE:CAI) traded up 7.05% during midday trading on Friday, reaching $18.97. The company had a trading volume of 53,669 shares. The company has a 50-day moving average price of $18.10 and a 200 day moving average price of $13.67. The company has a market capitalization of $361.23 million, a P/E ratio of 89.91 and a beta of 2.17. CAI International has a one year low of $6.75 and a one year high of $22.57.
CAI International (NYSE:CAI) last posted its quarterly earnings results on Thursday, April 20th. The transportation company reported $0.27 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.14. CAI International had a negative net margin of 2.50% and a positive return on equity of 6.00%. The business had revenue of $81.50 million during the quarter, compared to analyst estimates of $78.69 million. During the same period in the previous year, the business posted $0.36 EPS. The company’s quarterly revenue was up 21.6% on a year-over-year basis. Equities analysts anticipate that CAI International will post $1.70 earnings per share for the current fiscal year.
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CAI International Company Profile
CAI International, Inc is a transportation finance and logistics company. The Company purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers, and also manages equipment for third-party investors. The Company operates through three segments: container leasing, rail leasing and logistics.
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