Keefe Bruyette \u0026 Woods Gives CAI International (CAI) a Higher Rating. Raises its “Market Perform” Rating

September 8, 2018 - By Vernon Prom

CAI International, Inc. (NYSE:CAI) Logo

CAI International (CAI) Stock Upgrade

Keefe Bruyette \u0026 Woods gave CAI International (CAI) shares a new “Outperform” rating in a research report shared with investors and clients on Friday, 7 September. The raise from the last “Market Perform” rating is certainly an interesting one.

CAI International, Inc. (NYSE:CAI) Ratings Coverage

Among 2 analysts covering Cai International (CAI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cai International had 2 analyst reports since April 23, 2018 according to SRatingsIntel. The rating was upgraded by Wood on Friday, September 7 to “Outperform”. The rating was initiated by Compass Point with “Buy” on Monday, April 23.

The stock increased 7.45% or $1.84 during the last trading session, reaching $26.54. About 157,700 shares traded. CAI International, Inc. (CAI) has risen 28.16% since September 8, 2017 and is uptrending. It has outperformed by 15.59% the S&P500.

Analysts await CAI International, Inc. (NYSE:CAI) to report earnings on October, 18. They expect $1.01 earnings per share, up 12.22 % or $0.11 from last year’s $0.9 per share. CAI’s profit will be $19.29 million for 6.57 P/E if the $1.01 EPS becomes a reality. After $0.90 actual earnings per share reported by CAI International, Inc. for the previous quarter, Wall Street now forecasts 12.22 % EPS growth.

CAI International, Inc. operates as transportation finance and logistics firm in the United States and internationally. The company has market cap of $506.97 million. The firm operates through three divisions: Container Leasing, Rail Leasing, and Logistics. It has a 5.89 P/E ratio. It leases, re-leases, and disposes equipment; and contracts for the repair, repositioning, and storage of equipment.

More news for CAI International, Inc. (NYSE:CAI) were recently published by: Benzinga.com, which released: “44 Stocks Moving In Friday’s Mid-Day Session” on September 07, 2018. Seekingalpha.com‘s article titled: “CAI International: This 8.50% Fixed-To-Floating Preferred Stock Has Begun Trading On The NYSE” and published on August 20, 2018 is yet another important article.

CAI International, Inc. (NYSE:CAI) Institutional Positions Chart

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