Container Store (The) with ticker code (TCS) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 10 and 6 calculating the mean target price we have 8. Now with the previous closing price of 10.1 this would imply there is a potential downside of -20.8%. The day 50 moving average is 8.71 and the 200 day MA is 4.83. The market capitalisation for the company is $508m. Find out more information at: http://www.containerstore.com
The potential market cap would be $402m based on the market concensus.
The Container Store Group operates as a retailer of storage and organization products and solutions in the United States. It operates through two segments, The Container Store and Elfa. The company provides approximately 11,000 products designed to help customers. Its merchandise category includes Custom Closets, including elfa, Laren, and Avera branded products and installation services, as well as closet lifestyle department products; storage, long-term storage, and shelving; kitchen and trash; office, collections, and hooks; bath, travel, and laundry; gift packaging, seasonal, and impulse; and others. The company also designs, manufactures, and sells component-based shelving and drawer systems that are customizable for any area of the home, such as closets, kitchens, offices, and garages, as well as made-to-measure sliding doors. As of March 28, 2020, it operated 93 stores with an average size of approximately 25,000 square feet in 33 states and the District of Columbia. The company offers its products directly to customers through its website, responsive mobile site, and call center, as well as sells to various retailers and distributors, and on a wholesale basis. The Container Store Group was founded in 1978 and is headquartered in Coppell, Texas.
