Textainer Group Holdings LimitedReports Second-Quarter 2023 Results and Declares Dividend
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 |
HAMILTON, Bermuda, Aug. 01, 2023 Textainer Group Holdings Limited ,...
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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.
Cash Per Share
Cash Per Share Comparative Analysis
Textainer Group is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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
AL | Air Lease | 2.34 | ||||
HRI | Herc Holdings | 1.98 | ||||
FTAIM | FTAI Aviation | 1.22 | ||||
MPU | Mega Matrix | 1.16 | ||||
PRG | PROG Holdings | 1.03 | ||||
ALTG | Alta Equipment | 0.76 | ||||
CTOS | Custom Truck | 0.61 | ||||
MGRC | McGrath RentCorp | 0.60 | ||||
TRTN-PB | Triton International | 0.04 | ||||
R | Ryder System | 0.41 | ||||
GATX | GATX | 1.45 |
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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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