A Director at Cai International is Exercising Options

By Carrie Williams

Yesterday, a Director at Cai International, Gary Sawka, exercised options of Cai International for $280K.

Based on Cai International’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $90.16 million and quarterly net profit of $17.59 million. In comparison, last year the company earned revenue of $78.47 million and had a GAAP net loss of $5.42 million. The company has a one-year high of $40.11 and a one-year low of $6.75. CAI’s market cap is $713.3M and the company has a P/E ratio of 19.90.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy CAI with a $46 price target. Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $40, reflecting a -7.5% downside.

The insider sentiment on Cai International has been negative according to 19 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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CAI International, Inc. is an intermodal freight container leasing and management company. The company operates through the following segments: Container Leasing, Rail Leasing and Logistics. The container leasing segment manages container portfolios on behalf of third party investors. The rail leasing segment deals with ownership and leasing of railcars.