The Container Store (TCS) catches the eye: inventory jumps 7.1%
The Container Store Group, Inc. TCS was a big mover last session as the company saw its shares rise more than 7% during the day. The move also happened on solid volume with significantly more shares changing hands than in a normal session. This breaks the company’s recent trend as the stock is now trading above the volatile $8.82-$10.19 price range over the past month.
The company has seen a positive estimate revision over the past few weeks, while its Zacks consensus estimate for the current quarter has also risen over the past few weeks, suggesting stronger trading may be ahead for The Company. Container Store. So, be sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
The container store currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
The Container Store Group, Inc. Pricing
The Container Store Group, Inc. price | Quote from The Container Store Group, Inc.
Another player in the Consumer Discretionary industry that looks attractive at current levels is B&M European Value Retail SA BMRRY, which has the same Zacks rank as The Container Store. You can see the full list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Container Store The (TCS): Free Stock Analysis Report
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