Textainer Group Holdings Limited, through its subsidiaries, purchases, owns, manages, leases, and disposes a fleet of intermodal containers worldwide It operates through three segments: Container Ownership, Container Management, and Container Resale.
infoTextainer Group is a small cap stock with a total market cap of 1.68B.
infoThey trade on the NYSE and had their IPO 15 years and 10 months ago.
infoTextainer Group currently employs 162 people.
infoAs of Wednesday, Aug 23 2023, Textainer Group’s share price is $39.67.
News Relating to Textainer Group
Zacks Investment Research
Should Value Investors Buy Textainer Group (TGH) Stock?
Monday Aug 21 2023 at 11:16
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research
Textainer Group (TGH) Tops Q2 Earnings Estimates
Tuesday Aug 01 2023 at 11:10
Textainer Group (TGH) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.63 per share a year ago.
GlobeNewsWire
Textainer Announces Date for the Second Quarter 2023 Earnings Release and Conference Call
Friday Jul 21 2023 at 08:00
HAMILTON, Bermuda, July 21, 2023 (GLOBE NEWSWIRE) — Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world’s largest lessors of intermodal containers, will release second quarter 2023 financial results before the open of regular market trading on Tuesday, August 1, 2023. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day.
Seeking Alpha
Textainer Group Holdings: A Brilliant Management Driving Value For Shareholders
Thursday Jul 13 2023 at 04:38
Textainer Group Holdings Limited has seen a 157% increase in its stock value over the past five years, with a 48.45% increase in the past year due to strong management and strategic industry approach. Despite a challenging macroeconomic environment and falling demand, the company has maintained a high utilization rate of 98.8% and reduced interest expenses through deleveraging and strategic implementation. The company’s total shareholder return over the past three years is 425%, significantly higher than the sector’s return, and it has also returned capital to shareholders through share buybacks.
Zacks Investment Research
Textainer Group Holdings Limited (TGH) Hit a 52 Week High, Can the Run Continue?
Friday Jun 30 2023 at 10:43
Textainer (TGH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company’s fundamentals for clues.
Zacks Investment Research
Textainer (TGH) Is a Great Choice for ‘Trend’ Investors, Here’s Why
Wednesday Jun 28 2023 at 09:51
Textainer (TGH) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Zacks Investment Research
4 Transportation Stocks That Appear to be Solid Bets for 2H23
Thursday Jun 15 2023 at 10:32
Copa Holdings (CPA), Allegiant Travel Company (ALGT), Global Ship Lease (GSL) and Textainer Group (TGH) represent attractive investment options.
Zacks Investment Research
2 Transport Equipment & Leasing Stocks to Buy Amid Industry Woes
Monday Jun 12 2023 at 12:28
Despite the bearish sentiment associated with the Zacks Transportation – Equipment and Leasing industry, we advise betting on fundamentally sound companies like TRTN and TGH.
Zacks Investment Research
Here’s Why Momentum in Textainer (TGH) Should Keep going
Monday Jun 12 2023 at 09:58
Textainer (TGH) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our “Recent Price Strength” screen.
Zacks Investment Research
Textainer Group Holdings Limited (TGH) Hits Fresh High: Is There Still Room to Run?
Wednesday Jun 07 2023 at 10:18
Textainer (TGH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company’s fundamentals for clues.
The Motley Fool
Textainer Would Quickly Feel the Sting of a Shipping Slowdown in a Recession
Saturday May 06 2023 at 09:30
Textainer owns and leases out shipping containers — a largely straightforward business. The business depends on a number of factors that all appear solid right now.
GlobeNewsWire
Textainer Announces Date for the First Quarter 2023 Earnings Release and Conference Call
Monday Apr 24 2023 at 17:00
HAMILTON, Bermuda, April 24, 2023 (GLOBE NEWSWIRE) — Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world’s largest lessors of intermodal containers, will release first quarter 2023 financial results before the open of regular market trading on Tuesday, May 2, 2023. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day.
Zacks Investment Research
Textainer (TGH) is on the Move, Here’s Why the Trend Could be Sustainable
Tuesday Apr 18 2023 at 09:56
Textainer (TGH) made it through our “Recent Price Strength” screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Seeking Alpha
Textainer Group Holdings: I Own The 7%+ Yielding Preferred Shares
Saturday Apr 15 2023 at 11:45
Textainer Group Holdings is one of the largest container lessors with a fleet of in excess of 4.5 million container-equivalent units. Thanks to a 6+ year remaining average lease term, the cash flows should be reliable and provide good visibility.
The Motley Fool
Why Shipping Stocks Soared This Week
Thursday Apr 13 2023 at 14:03
Shipping stocks have been under pressure of late due to fears that a slowing economy will lead to a fall in demand for transportation services. Brookfield Infrastructure got the market’s attention with a $13 billion offer for container lessor Triton International, offering a 35% premium to Triton’s previous closing price.
The Motley Fool
Why Textainer Stock Is Up Today
Wednesday Apr 12 2023 at 13:22
Textainer shares are reacting to Brookfield Infrastructure’s deal for rival Tritan International, which offered a 35% premium. Container lessors could be undervalued right now, but investors need to be mindful that the next few quarters could be difficult and it could take time for that value to be fully appreciated by the market.
Seeking Alpha
Textainer Group Holdings Limited (TGH) Q4 2022 Earnings Call Transcript
Tuesday Feb 14 2023 at 20:05
Textainer Group Holdings Limited (NYSE:TGH ) Q4 2022 Earnings Conference Call February 14, 2023 11:00 AM ET Company Participants Tamara Bakarian – Director of IR Olivier Ghesquiere – President and CEO Michael Chan – EVP and CFO Conference Call Participants Michael Brown – KBW Liam Burke – B. Riley Climent Molins – Value Investor’s Edge Operator Thank you, and welcome to Textainer’s Fourth Quarter 2022 Earnings Call.
GlobeNewsWire
Textainer Announces Date for the Fourth Quarter and Full-Year 2022 Earnings Release and Conference Call
Tuesday Feb 07 2023 at 17:00
HAMILTON, Bermuda, Feb. 07, 2023 (GLOBE NEWSWIRE) — Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world’s largest lessors of intermodal containers, will release fourth quarter and full-year 2022 financial results before the open of regular market trading on Tuesday, February 14, 2023. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day.
Seeking Alpha
Textainer Holdings: A 9.1% Yield To Call On The Preferred Shares
Thursday Jan 19 2023 at 11:30
Textainer is one of the largest container lessors in the world. The preferred dividend coverage is excellent, making the preferred shares attractive from a risk/reward perspective.
Seeking Alpha
Textainer Group Holdings Limited (TGH) Q3 2022 Earnings Call Transcript
Tuesday Nov 01 2022 at 20:50
Textainer Group Holdings Limited (NYSE:TGH ) Q3 2022 Results Conference Call November 1, 2022 11:00 AM ET Company Participants Tamara Bakarian – Director of IR Olivier Ghesquiere – President and Chief Executive Officer Michael Chan – Executive VP and CFO Conference Call Participants Liam Burke – B. Riley FBR Michael Brown – KBW Clement Mullins – Value Investors Edge Operator Thank you, and welcome to Textainer’s Third Quarter 2022 Earnings Conference Call.
Seeking Alpha
Textainer Group And Triton International: Box Lessors Offer Record Value And Cash Flows
Thursday Oct 27 2022 at 01:03
Textainer Group and Triton International are the largest container lessors in the market. Both companies have benefitted from the boom in the containership market, but the market fails to appreciate the attractiveness of the ongoing earnings quality and free cash flow potential.
Seeking Alpha
Textainer Group: Providing Worldwide Geographic Business Operating Mobility
Thursday Oct 20 2022 at 07:36
Global operating logistics require facility and skill resources often at variance with the basic business benefits being offered at scale by Corporate suppliers. The tricks of this supportive trade have been well-learned by Textainer Group Holdings, making it a largest in the industry provider.
Zacks Investment Research
Are Investors Undervaluing Textainer Group (TGH) Right Now?
Tuesday Sep 20 2022 at 11:17
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Seeking Alpha
Textainer Group Holdings Limited (TGH) CEO Olivier Ghesquiere on Q2 2022 Results – Earnings Call Transcript
Tuesday Aug 02 2022 at 14:59
Textainer Group Holdings Limited (NYSE:TGH ) Q2 2022 Results Conference Call August 2, 2022 11:00 AM ET Company Participants Tamara Bakarian – Director of Investor Relations Olivier Ghesquiere – President and Chief Executive Officer Michael Chan – Executive Vice President and Chief Financial Officer Conference Call Participants Michael Brown – Keefe, Bruyette, & Woods Liam Burke – B. Riley Securities Operator Thank you, and welcome to Textainer’s Second Quarter 2022 Earnings Call.
GlobeNewsWire
Textainer Announces Date for the Second Quarter 2022 Earnings Release and Conference Call
Friday Jul 22 2022 at 08:35
HAMILTON, Bermuda, July 22, 2022 (GLOBE NEWSWIRE) — Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world’s largest lessors of intermodal containers, will release second quarter 2022 financial results before the open of regular market trading on Tuesday, August 2, 2022. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day.
Zacks Investment Research
3 Stocks to Gain From a Thriving Transport Equipment & Leasing Industry
Wednesday Jun 08 2022 at 10:32
Healthy equipment and lease demand, thanks to strong consumer demand, favor the Zacks Transportation – Equipment and Leasing industry’s near-term prospects. Amid this buoyancy, R, GATX and TGH are poised for growth.
Zacks Investment Research
Textainer Group (TGH) Surpasses Q1 Earnings Estimates
Thursday May 05 2022 at 10:32
Textainer (TGH) delivered earnings and revenue surprises of 10.45% and 0.74%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewsWire
Textainer Announces Date for the First Quarter 2022 Earnings Release and Conference Call
Thursday Apr 28 2022 at 08:35
HAMILTON, Bermuda, April 28, 2022 (GLOBE NEWSWIRE) — Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world’s largest lessors of intermodal containers, will release first quarter 2022 financial results before the open of regular market trading on Thursday, May 5, 2022. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day.
Seeking Alpha
Textainer Is Ready To Print Cash After An Expansion Program
Tuesday Apr 12 2022 at 09:40
Textainer expanded its fleet from less than 3.8MTEU to in excess of 4.3M TEU in 2021 in a $2B+ expansion program.
Zacks Investment Research
What Makes Textainer (TGH) a New Strong Buy Stock
Monday Mar 21 2022 at 13:33
Textainer (TGH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Textainer Group Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Textainer Group’s Altman Z-score is 0.77 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Textainer Group Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, there has been no insider trading in Textainer Group.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Textainer Group’s Income Quality of 2.57 is greater than its Industry Group of 1.77 (45.2% greater)
Textainer Group’s Income Quality of 2.57 is greater than its Major Industry Group of 0.42 (511.9% greater)
Textainer Group’s Income Quality of 2.57 is greater than its Sector of 0.5 (414.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Textainer Group’s Current Ratio of 1.03 is lower than its Industry Group of 1.82 (-43.4% lower)
Textainer Group’s Current Ratio of 1.03 is lower than its Major Industry Group of 1.69 (-39.1% lower)
Textainer Group’s Current Ratio of 1.03 is lower than its Sector of 1.59 (-35.2% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Textainer Group’s PE Ratio of 6.39 is lower than its Industry Group of 11.11 (-42.5% lower)
Cannot compare a negative PE Ratio (6.39 & -0.68)
Cannot compare a negative PE Ratio (6.39 & -0.29)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Textainer Group’s PB Ratio of 0.84 is lower than its Industry Group of 1.06 (-20.8% lower)
Textainer Group’s PB Ratio of 0.84 is lower than its Major Industry Group of 2.08 (-59.6% lower)
Textainer Group’s PB Ratio of 0.84 is lower than its Sector of 1.88 (-55.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Textainer Group’s ROE of 0.13 is greater than its Industry Group of 0.08 (62.5% greater)
Textainer Group’s ROE of 0.13 is greater than its Major Industry Group of -0.06 (316.7% greater)
Textainer Group’s ROE of 0.13 is greater than its Sector of -0.04 (425.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Textainer Group’s ROCE of 0.05 is lower than its Industry Group of 0.07 (-28.6% lower)
Textainer Group’s ROCE of 0.05 is greater than its Major Industry Group of -0.03 (266.7% greater)
Textainer Group’s ROCE of 0.05 is greater than its Sector of -0.02 (350.0% greater)
Derived from SEC.GOV filing dataopen_in_new