In the latest session, Trinseo PLC (NYSE: TSE) closed at $3.46 down -4.16% from its previous closing price of $3.61. In other words, the price has decreased by -$0.1500 from its previous closing price. On the day, 568972 shares were traded.
Ratios:
For a deeper understanding of Trinseo PLC’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on October 04, 2023, Downgraded its rating to Hold and sets its target price to $9 from $22 previously.
On August 11, 2022, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $42 to $34.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 14 ’23 when FARRELL MATTHEW bought 50,000 shares for $7.21 per share. The transaction valued at 360,500 led to the insider holds 79,510 shares of the business.
Stasse David Phillip bought 15,000 shares of TSE for $133,350 on Sep 14 ’23. The EVP AND CFO now owns 105,552 shares after completing the transaction at $8.89 per share. On Sep 13 ’23, another insider, Desmond Jeanmarie F., who serves as the Director of the company, bought 2,500 shares for $7.94 each. As a result, the insider paid 19,850 and bolstered with 19,128 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TSE now has a Market Capitalization of 127.30M and an Enterprise Value of 2.23B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 0.61 whereas that against EBITDA is -10.01.
Stock Price History:
Over the past 52 weeks, TSE has reached a high of $22.67, while it has fallen to a 52-week low of $3.57. The 50-Day Moving Average of the stock is 5.1746, while the 200-Day Moving Average is calculated to be 8.8361.
Shares Statistics:
For the past three months, TSE has traded an average of 372.60K shares per day and 491.25k over the past ten days. A total of 35.20M shares are outstanding, with a floating share count of 33.73M. Insiders hold about 4.35% of the company’s shares, while institutions hold 82.91% stake in the company. Shares short for TSE as of Feb 29, 2024 were 921.52k with a Short Ratio of 2.47, compared to 744.83k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.61% and a Short% of Float of 4.30%.
Dividends & Splits
According to the company, the forward annual dividend rate for TSE is 0.17, from 0.17 in the trailing year. Against a Trailing Annual Dividend Yield of 4.71%, it implies a Forward Annual Dividend Yield of 1.11%. The stock’s 5-year Average Dividend Yield is 4.49.
Earnings Estimates
There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$1.96 for the current quarter, with a high estimate of -$1.49 and a low estimate of -$2.1, while EPS last year was -$1.01. The consensus estimate for the next quarter is -$1.29, with high estimates of -$0.83 and low estimates of -$1.6.
Analysts are recommending an EPS of between -$1.25 and -$6.95 for the fiscal current year, implying an average EPS of -$4.91. EPS for the following year is -$2.92, with 5 analysts recommending between -$0.8 and -$4.54.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $857M this quarter.It ranges from a high estimate of $864M to a low estimate of $850M. As of the current estimate, Trinseo PLC’s year-ago sales were $1.08B, an estimated decrease of -20.90% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $901M, a decrease of -6.40% over than the figure of -$20.90% in the same quarter last year. There is a high estimate of $912M for the next quarter, whereas the lowest estimate is $890M.
A total of 4 analysts have provided revenue estimates for TSE’s current fiscal year. The highest revenue estimate was $3.81B, while the lowest revenue estimate was $3.45B, resulting in an average revenue estimate of $3.59B. In the same quarter a year ago, actual revenue was $3.68B, down -2.30% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $3.74B in the next fiscal year. The high estimate is $3.97B and the low estimate is $3.62B. The average revenue growth estimate for next year is up 4.30% from the average revenue estimate for this year.
