Trinseo PLC (NYSE: TSE): Is This The Time To Buy?

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Trinseo PLC (NYSE:TSE)’s traded shares stood at 0.56 million during the last session, with the company’s beta value hitting 1.62. At the close of trading, the stock’s price was $4.12, to imply an increase of 17.05% or $0.6 in intraday trading. The TSE share’s 52-week high remains $9.37, putting it -127.43% down since that peak but still an impressive 53.16% since price per share fell to its 52-week low of $1.93. The company has a valuation of $145.68M, with an average of 0.35 million shares in intraday trading volume over the past 10 days and average of 617.80K shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Trinseo PLC (TSE), translating to a mean rating of 2.60. Of 1 analyst(s) looking at the stock, 0 analyst(s) give TSE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -1.42.

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Trinseo PLC (NYSE:TSE) trade information

After registering a 17.05% upside in the last session, Trinseo PLC (TSE) has traded red over the past five days. The 5-day price performance for the stock is 9.57%, and 52.59% over 30 days. With these gigs, the year-to-date price performance is -50.78%. Short interest in Trinseo PLC (NYSE:TSE) saw shorts transact 0.74 million shares and set a 1.36 days time to cover.

Trinseo PLC (TSE) estimates and forecasts

Looking at statistics comparing Trinseo PLC share performance against respective industry, we note that the company has outperformed competitors. Trinseo PLC (TSE) shares are -13.81% down over the last 6 months, with its year-to-date growth rate higher than industry average at 2.75% against -14.40%. Revenue is forecast to shrink -37.90% this quarter before jumping 38.10% for the next one. The rating firms project that company’s revenue will shrink -3.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 890.05M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 836.6M.Earnings reports from the last fiscal year show that sales brought in 879M and 837.5M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 1.30% before dropping -0.10% in the following quarter.

TSE Dividends

Trinseo PLC has its next earnings report out on 2024-Aug-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Trinseo PLC has a forward dividend ratio of 0.04, with the share yield ticking at 0.97% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 4.28%.

Trinseo PLC (NYSE:TSE)’s Major holders

Trinseo PLC insiders hold 4.72% of total outstanding shares, with institutional holders owning 72.52% of the shares at 76.11% float percentage. In total, 72.52% institutions holds shares in the company.