TGH Stock Recent News

Textainer (TGH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Textainer (TGH) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Textainer (TGH) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Textainer (TGH) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Textainer owns and leases out shipping containers -- a largely straightforward business. The business depends on a number of factors that all appear solid right now.

HAMILTON, Bermuda, April 24, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world's largest lessors of intermodal containers, will release first quarter 2023 financial results before the open of regular market trading on Tuesday, May 2, 2023. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day.

Textainer (TGH) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Textainer Group Holdings is one of the largest container lessors with a fleet of in excess of 4.5 million container-equivalent units. Thanks to a 6+ year remaining average lease term, the cash flows should be reliable and provide good visibility.

Textainer shares are reacting to Brookfield Infrastructure's deal for rival Tritan International, which offered a 35% premium. Container lessors could be undervalued right now, but investors need to be mindful that the next few quarters could be difficult and it could take time for that value to be fully appreciated by the market.

Textainer Group Holdings Limited (NYSE:TGH ) Q4 2022 Earnings Conference Call February 14, 2023 11:00 AM ET Company Participants Tamara Bakarian - Director of IR Olivier Ghesquiere - President and CEO Michael Chan - EVP and CFO Conference Call Participants Michael Brown - KBW Liam Burke - B. Riley Climent Molins - Value Investor's Edge Operator Thank you, and welcome to Textainer's Fourth Quarter 2022 Earnings Call.