According to Bloomberg Ratings, Trinseo PLC (NYSE:TSE) has received an average recommendation of “Hold” from the four ratings firms covering the company. This indicates a neutral stance towards the stock. Out of the four analysts, all have recommended holding onto the stock.
Looking at the average 1-year target price provided by these brokerages who have issued a report on Trinseo in the last year, it stands at $21.20. It is important to note that this target price is subject to change as market conditions evolve.
The share price of Trinseo on NYSE TSE opened at $7.89 on Wednesday, which serves as a reference point for potential investors. Over the span of 12 months, Trinseo’s stock has experienced a low of $7.43 and a high of $30.53.
The market capitalization for Trinseo currently sits at $277.47 million, with a price-to-earnings (PE) ratio of -0.31 and a beta reading of 1.59. These figures provide insight into its valuation and volatility compared to the overall market.
In terms of financial health, Trinseo carries a debt-to-equity ratio of 108.42, indicating higher levels of debt relative to equity held by shareholders. Meanwhile, its current ratio stands at 1.90 and its quick ratio is at 1.28, both suggesting sufficient liquidity for short-term obligations.
Observing recent trends, we find that Trinseo’s 50-day moving average settles at $12.43 while its two-hundred day moving average remains slightly higher at $15.26.
Moving onto news pertaining to insider activity within Trinseo, CFO David Phillip Stasse recently purchased 15,000 shares in exchange for an average price per share of $8.89 during a transaction on September 14th.
Furthermore, SVP Angelo N. Chaclas also acquired 20,000 shares on September 12th, at an average price of $8.07 per share.
It is crucial to note that company executives’ activities in purchasing shares can provide insight into their confidence and belief in the future prospects of the company.
In terms of earnings, Trinseo reported its quarterly results on August 3rd. The basic materials company recorded earnings per share (EPS) of ($1.92), falling short of the consensus estimate of ($0.24) by a margin of ($1.68).
The negative net margin for Trinseo currently stands at 21.47%, indicating its profitability challenges. It is also worth mentioning that the return on equity for the last fiscal year was negative as well, specifically at 70.09%.
During this quarter, Trinseo generated $962.60 million in revenue, which fell below analysts’ expectations who had anticipated $1.19 billion.
Looking ahead, equities analysts predict that Trinseo will report -4.45 EPS for the current fiscal year.
To summarize, Trinseo has received a hold recommendation from four ratings firms with an average 1-year target price of $21.20 based on recent reports issued by brokerages.
The stock’s performance over the past year has seen fluctuations between a low value of $7.43 and a high value of $30.53.
Insider trading activity shows purchases made by CFO David Phillip Stasse and SVP Angelo N.Chacalas.
Trinseo’s recent earnings announcement revealed an earnings per share figure significantly lower than projected estimates.
With these developments in mind, investors are advised to carefully monitor Trinseo’s performance and exercise caution when considering investment decisions in the company’s stock
[bs_slider_forecast ticker=”TSE”]
Navigating Analyst Opinions and Financial Data: Trinseo’s Stock and Dividend Announcement
In recent times, equities analysts have shown their opinions on the stock of Trinseo. In a research report by Deutsche Bank Aktiengesellschaft on August 15th, they have reduced their price objective on shares of Trinseo from $16.00 to $15.00 and given the company a “hold” rating. Similarly, Jefferies Financial Group also lowered their price objective from $33.00 to $28.00 in a research report published on June 13th. Another institution, Barclays, cut their price objective to $15.00 and provided an “equal weight” rating for the company in an August 7th research report. Lastly, StockNews.com downgraded Trinseo’s rating from “hold” to “sell” in an August 28th research report.
Furthermore, the business recently made an announcement regarding its quarterly dividend payment due on October 19th. Shareholders who are recorded as of October 5th will receive a dividend of $0.01 per share. This translates to a dividend of $0.04 on an annualized basis with a yield of 0.51%. It is important to note that the ex-dividend date is set for October 4th.
At present, Trinseo’s dividend payout ratio stands at -0.16%, exhibiting some perplexity in its financial performance. This figure suggests that the company is paying out more dividends than its earnings can support, leading to a negative payout ratio.
With these recent developments surrounding Trinseo’s stock and dividend announcement, investors may find themselves at odds as they navigate through varying analyst opinions and conflicting financial data turning heads towards this chemical materials company.
It remains critical for potential investors to thoroughly evaluate factors such as market conditions, industry trends, and overall company performance before making any investment decisions regarding stocks like Trinseo’s amidst the labyrinthine intricacies within this particular sector.
