TCS Stock Summary and Trading Ideas (Container Store Group | NYSE:TCS)

The Container Store Group Inc is a U.S. based specialty retailer of storage and organization products and solutions. It offers a collection of multifunctional and customizable storage and organization solutions. The company consists of two segments., The Container store segment which consists of retail stores, website and call center, as well as installation and organizational services business, and The Elfa segment which involves designing and manufacturing of component-based shelving and drawer systems and made-to-measure sliding doors. It derives a majority of the revenue from the Container store segment. The company sells its products in the US and other countries.

Container Store Group trades on the NYSE stock market under the symbol TCS.

As of April 15, 2024, TCS stock price climbed to $1.01 with 141,828 million shares trading.

TCS has a beta of 1.51, meaning it tends to be more sensitive to market movements. TCS has a correlation of 0.05 to the broad based SPY ETF.

TCS has a market cap of $52.13 million. This is considered a Micro Cap stock.

Last quarter Container Store Group reported $215 million in Revenue and -$.08 earnings per share. This fell short of revenue expectation by $-6 million and missed earnings estimates by -$.03.

In the last 3 years, TCS stock traded as high as $15.67 and as low as $.95.

The top ETF exchange traded funds that TCS belongs to (by Net Assets): JHEM, VTI, VXF, DFAT, FESM.

TCS has underperformed the market in the last year with a price return of -69.9% while the SPY ETF gained +25.3%. TCS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -40.9% and -11.4%, respectively, while the SPY returned +6.2% and -3.6%, respectively.

TCS support price is $.95 and resistance is $1.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TCS stock will trade within this expected range on the day.