CAI International (CAI) to Release Quarterly Earnings on Wednesday

CAI International (NYSE:CAI) will be announcing its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.85 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

NYSE:CAI traded up $0.36 during trading hours on Tuesday, hitting $21.83. The company’s stock had a trading volume of 219 shares, compared to its average volume of 93,809. The company has a 50-day moving average price of $23.59. The firm has a market capitalization of $388.18 million, a P/E ratio of 6.02 and a beta of 1.67. The company has a debt-to-equity ratio of 2.94, a current ratio of 0.54 and a quick ratio of 0.54. CAI International has a 52-week low of $19.58 and a 52-week high of $27.43.

CAI has been the subject of several research analyst reports. Zacks Investment Research upgraded CAI International from a “sell” rating to a “hold” rating in a research report on Monday. ValuEngine lowered CAI International from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $28.00.

About CAI International

CAI International, Inc operates as transportation finance and logistics company in the United States and internationally. The company operates through three segments: Container Leasing, Rail Leasing, and Logistics. It leases, re-leases, and disposes equipment; and contracts for the repair, repositioning, and storage of equipment.

Read More: What is a blue-chip stock?

Earnings History for CAI International (NYSE:CAI)

Receive News & Ratings for CAI International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CAI International and related companies with MarketBeat.com's FREE daily email newsletter.