Trinseo S.A. (NYSE:TSE) has seen 497,016 shares traded in the last trading session. The company, currently valued at $764.49 Million, closed the last trade at $19.95 per share which meant it gained $1.3 on the day or 0.0726 during that session. The TSE stock price is -151.33% off its 52-week high price of $50.14 and 29.02% above the 52-week low of $14.16. If we look at the company’s 10-day average daily trading volume, we find that it stood at 354.77 Million shares traded. The 3-month trading volume is 581.93 Million shares.
The consensus among analysts is that Trinseo S.A. (TSE) is a Hold stock at the moment, with a recommendation rating of 3.1. 1 analysts rate the stock as a Sell, while none rate it as Overweight. 8 out of 9 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.07.
Trinseo S.A. (NYSE:TSE) trade information
Sporting 7.26% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Apr 27 when the TSE stock price touched $20.60- or saw a rise of 3.16%. Year-to-date, Trinseo S.A. shares have moved -0.4639, while the 5-day performance has seen it change 0.0634. Over the past 30 days, the shares of Trinseo S.A. (NYSE:TSE) have changed 0.0461. Short interest in the company has seen 1.21 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $22.33, which means that the shares’ value could jump 11.93% from current levels. The projected low price target is $17 while the price target rests at a high of $34. In that case, then, we find that the current price level is +70.43% off the targeted high while a plunge would see the stock lose -14.79% from current levels.
Trinseo S.A. (TSE) estimates and forecasts
Figures show that Trinseo S.A. shares have underperformed across the wider relevant industry. The company’s shares have lost -54.5% over the past 6 months, with this year growth rate of -46.01, compared to -19.7 for the industry. Other than that, the company has, however, lowered its growth outlook for the 2019 fiscal year revenue. Growth estimates for the current quarter are -93.6% and -72.7% for the next quarter. Revenue growth from the last financial year stood is estimated to be +-7.7%.
4 analysts offering their estimates for the company have set an average revenue estimate of $915.72 Million for the current quarter. 4 have an estimated revenue figure of $843.55 Million for the next quarter concluding in 43983. Year-ago sales stood at $1.01 Billion and $1.05 Billion respectively for this quarter and the next, and analysts expect sales will grow by -9.6% for the current quarter and -19.8% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +28.2% over the past 5 years. Earnings growth for 2019 is a modest +-66.2% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Trinseo S.A. (NYSE:TSE)’s Major holders
Insiders own 0.75% of the company shares, while shares held by institutions stand at 108.41% with a share float percentage of 109.24%. Investors are also buoyed by the number of investors in a company, with Trinseo S.A. having a total of 278 institutions that hold shares in the company. The top two institutional holders are M&G Investment Management Ltd with over 7.84 Million shares worth more than $141.97 Million. As of 43920, M&G Investment Management Ltd held 18.99% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 6.1 Million shares as of 43829. The firm’s total holdings are worth over $226.93 Million and represent 14.77% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and iShares Russell 2000 ETF. As of 43860, the former fund manager holds about 5.98% shares in the company for having 2470311 shares of worth $70.95 Million while later fund manager owns 830.57 Thousand shares of worth $23.85 Million as of 43860, which makes it owner of about 2.01% of company’s outstanding stock.