Textainer Group Holdings (NYSE: TGH) shares currently have a dividend yield of 4.30%. Textainer Group Holdings Limited, through its subsidiaries, engages in the purchase, ownership, management, leasing, and resale of a fleet of marine cargo containers worldwide. The company has a P/E ratio of 10.77. Currently there are 4 analysts that rate Textainer Group Holdings a buy, no analysts rate it a sell, and 5 rate it a hold. The average volume for Textainer Group Holdings has been 330,900 shares per day over the past 30 days. Textainer Group Holdings has a market cap of $2.3 billion and is part of the diversified services industry. Shares are up 32% year to date as of the close of trading on Friday. TheStreet Ratings rates Textainer Group Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Highlights from the ratings report include:
- TGH's revenue growth has slightly outpaced the industry average of 7.2%. Since the same quarter one year prior, revenues slightly increased by 9.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Trading Companies & Distributors industry average. The net income increased by 10.3% when compared to the same quarter one year prior, going from $54.92 million to $60.57 million.
- The gross profit margin for TEXTAINER GROUP HOLDINGS LTD is currently very high, coming in at 86.70%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 47.58% significantly outperformed against the industry average.
- Net operating cash flow has increased to $79.42 million or 46.13% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 27.51%.
- TEXTAINER GROUP HOLDINGS LTD' earnings per share from the most recent quarter came in slightly below the year earlier quarter. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, TEXTAINER GROUP HOLDINGS LTD increased its bottom line by earning $3.96 versus $3.80 in the prior year. This year, the market expects an improvement in earnings ($4.01 versus $3.96).
- You can view the full Textainer Group Holdings Ratings Report.
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