Source: Financial Modeling Prep · peers by sector/industry
Insider activity (SEC Form 4)
No recent Form 4 filings on EDGAR — either no insider transactions reported recently or this isn't a SEC-registered issuer.
Valuation
Trading at 8.0× earnings vs its 6.4× historical median P/E.
Fair value ≈ $39.63 · price $49.99 today
Overvalued · 26% above
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Fair-value line = the stock's median historical P/E × earnings. Price below the orange line = cheap vs its own history; above = expensive. Not investment advice.
Freightos: Typical peak season is upon us, bringing with it a complex web of rate increases, congestion issues, and strategic shifts among shippers and carriers alike. Ex-Asia ocean rates are expected to climb further as we enter the distinctive peak season months, with congestion remaining an issue at some major hubs.
🚢 Ocean rates increased across major routes: Asia-US West Coast up +3% to $7,052/FEU, Asia-US East Coast up +2% to $8,253/FEU, Asia-N. Europe up +2% to $7,130/FEU.
✈️ Air cargo volumes remain elevated despite opposition to Chinese e-commerce imports. China-N. America rates up +10% to $6.00/kg.
Scarce container space from China to India has some importers turning to bulk or multi-purpose options.
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$TGH Textainer in talks to buy Seaco for around $5B, Bloomberg reports
Textainer is in advanced talks to acquire container leasing firm Seaco from Bohai Leasing, Kiel Porter, Gillian Tan and Manuel Baigorri of Bloomberg report, citing people with knowledge of the matter.Textainer has pulled ahead of rival bidders for Seaco, sources told Bloomberg. A transaction could value Seaco at around $5B including debt, according to the people.
From 3/13/2024, looking back across 22 Month-Ends for TGH, Percentage Change of Average Monthly Price had More Positives (64%) while Percentage Change of Average Monthly Volume had All Positives (100%) $TGH #TGH #TGHStock #TickerDD https://www.youtube.com/watch?v=jUFV4-02mOE
$TGH Textainer Closes Acquisition by Stonepeak and Announces Post-Acquisition Redemption of All Preference Shares and Related Depositary Shares
https://www.stocktitan.net/news/TGH/textainer-closes-acquisition-by-stonepeak-and-announces-post-u1chu6v1htx5.html
From 2/27/2024, looking back across 22 Month-Ends for TGH, Percentage Change of Average Monthly Price had More Positives (64%) while Percentage Change of Average Monthly Volume had More Positives (95%) $TGH #TGH #TGHStock #TickerDD #TGHPrice https://www.youtube.com/watch?v=oT_cwAcUneI
$TGH Textainer Announces Shareholder Approval of Its Pending Acquisition by Stonepeak and Receipt of Required Antitrust Approvals
https://www.stocktitan.net/news/TGH/textainer-announces-shareholder-approval-of-its-pending-acquisition-bq25dshj2nyy.html
$TGH Textainer reports Q4 EPS 84c vs $1.38 last year
Reports Q4 revenue $190.83M vs $202.912M last year. "We delivered solid full-year and fourth quarter 2023 results, demonstrating the strength in our business fundamentals. For the full year, lease rental income decreased by 5% to $770 million due to fleet attrition stemming from a slower capex environment. Fleet utilization has however increased to its highest level of the year at 99.3% as of the end of the fourth quarter. Adjusted net income was $198 million or $4.63 per diluted common share for the full year, while adjusted EBITDA was $644 million," stated Olivier Ghesquiere, President and Chief Executive Officer.
