FY2023 Earnings Estimate for Textainer Group Holdings Limited Issued By B. Riley
TGHDelisted Stock | USD 40.91 0.28 0.69% |
Under 52% of Textainer Group's investor base is interested to short. The analysis of current outlook of investing in Textainer Group Holdings suggests that many traders are impartial regarding Textainer Group's prospects. Textainer Group's investing sentiment shows overall attitude of investors towards Textainer Group Holdings.
Textainer |
Textainer Group Holdings Limited Equities research analysts at B. Riley raised their FY2023 earnings per share estimates for Textainer Group in a report released on Monday, October 23rd. B. Riley analyst L. Burke now anticipates that the transportation company will earn 4.68 per share for the year, up from their
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Textainer Group Fundamental Analysis
We analyze Textainer Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Textainer Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Textainer Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Debt To Equity
Debt To Equity Comparative Analysis
Textainer Group is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Textainer Group Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Textainer Group stock to make a market-neutral strategy. Peer analysis of Textainer Group could also be used in its relative valuation, which is a method of valuing Textainer Group by comparing valuation metrics with similar companies.
Peers
Textainer Group Related Equities
ALTG | Alta Equipment | 2.20 | ||||
HRI | Herc Holdings | 0.98 | ||||
PRG | PROG Holdings | 0.93 | ||||
FTAIM | FTAI Aviation | 0.54 | ||||
MGRC | McGrath RentCorp | 0.52 | ||||
R | Ryder System | 0.48 | ||||
TRTN-PB | Triton International | 0.47 | ||||
AL | Air Lease | 0.37 | ||||
GATX | GATX | 0.28 | ||||
CTOS | Custom Truck | 0.33 | ||||
MPU | Mega Matrix | 1.10 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Textainer Stock
If you are still planning to invest in Textainer Group Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Textainer Group's history and understand the potential risks before investing.
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