In the latest session, Trinseo PLC (NYSE: TSE) closed at $2.96 down -13.20% from its previous closing price of $3.41. On the day, 538392 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 0.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.89. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03.
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 $3.23.
Shares Statistics:
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 83.12% stake in the company.
Earnings Estimates
There are Taiwan Semiconductor Manufactur different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $25.98, with high estimates of $57.78 and low estimates of $53.28.
