Trinseo PLC (NYSE: TSE)’s stock price has soared by 10.45 in relation to previous closing price of 3.35. Nevertheless, the company has seen a gain of 31.21% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-08 that Trinseo (TSE) came out with a quarterly loss of $1.94 per share versus the Zacks Consensus Estimate of a loss of $2.07. This compares to loss of $1.01 per share a year ago.
Is It Worth Investing in Trinseo PLC (NYSE: TSE) Right Now?
The 36-month beta value for TSE is at 1.61. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for TSE is 33.76M, and currently, shorts hold a 4.97% of that float. The average trading volume for TSE on May 10, 2024 was 401.93K shares.
TSE’s Market Performance
The stock of Trinseo PLC (TSE) has seen a 31.21% increase in the past week, with a 2.49% rise in the past month, and a -37.71% fall in the past quarter. The volatility ratio for the week is 10.68%, and the volatility levels for the past 30 days are at 9.20% for TSE. The simple moving average for the past 20 days is 26.76% for TSE’s stock, with a -46.77% simple moving average for the past 200 days.
Analysts’ Opinion of TSE
Many brokerage firms have already submitted their reports for TSE stocks, with Jefferies repeating the rating for TSE by listing it as a “Hold.” The predicted price for TSE in the upcoming period, according to Jefferies is $9 based on the research report published on October 04, 2023 of the previous year 2023.
Deutsche Bank, on the other hand, stated in their research note that they expect to see TSE reach a price target of $34, previously predicting the price at $42. The rating they have provided for TSE stocks is “Hold” according to the report published on August 11th, 2022.
Deutsche Bank gave a rating of “Buy” to TSE, setting the target price at $60 in the report published on March 30th of the previous year.
TSE Trading at 0.79% from the 50-Day Moving Average
After a stumble in the market that brought TSE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.14% of loss for the given period.
Volatility was left at 9.20%, however, over the last 30 days, the volatility rate increased by 10.68%, as shares surge +8.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.75% lower at present.
During the last 5 trading sessions, TSE rose by +31.21%, which changed the moving average for the period of 200-days by -79.48% in comparison to the 20-day moving average, which settled at $2.93. In addition, Trinseo PLC saw -55.79% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TSE starting from FARRELL MATTHEW, who purchase 50,000 shares at the price of $7.21 back on Dec 14 ’23. After this action, FARRELL MATTHEW now owns 79,510 shares of Trinseo PLC, valued at $360,500 using the latest closing price.
Stasse David Phillip, the EVP AND CFO of Trinseo PLC, purchase 15,000 shares at $8.89 during a trade that took place back on Sep 14 ’23, which means that Stasse David Phillip is holding 105,552 shares at $133,350 based on the most recent closing price.
Stock Fundamentals for TSE
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.04 for the gross margin
The net margin for Trinseo PLC stands at -0.19. The total capital return value is set at -0.2. Equity return is now at value -5162.41, with -21.63 for asset returns.
Based on Trinseo PLC (TSE), the company’s capital structure generated 1.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at -8.64. The interest coverage ratio of the stock is -2.51.
Currently, EBITDA for the company is 84.6 million with net debt to EBITDA at -159.25. When we switch over and look at the enterprise to sales, we see a ratio of 0.6. The receivables turnover for the company is 7.49for trailing twelve months and the total asset turnover is 1.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.63.
Conclusion
In conclusion, Trinseo PLC (TSE) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
