TMS International Corp. Stock Rating Upgraded by Zacks (TMS)
TMS International Corp. (NYSE:TMS) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, AnalystRatings.Net reports. The firm currently has a $17.90 target price on the stock. Zacks‘ price target would suggest a potential upside of 2.70% from the company’s current price.
TMS International Corp. (NYSE:TMS) traded up 0.29% during mid-day trading on Wednesday, hitting $17.48. 431,275 shares of the company’s stock traded hands. TMS International Corp. has a 52 week low of $9.62 and a 52 week high of $17.83. The stock has a 50-day moving average of $16.90 and a 200-day moving average of $15.45. The company has a market cap of $686.8 million and a price-to-earnings ratio of 21.52.
TMS International Corp. (NYSE:TMS) last released its earnings data on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.28 by $0.07. The company had revenue of $631.42 million for the quarter, compared to the consensus estimate of $569.70 million. During the same quarter last year, the company posted $0.25 earnings per share. TMS International Corp.’s revenue was down 5.7% compared to the same quarter last year. Analysts expect that TMS International Corp. will post $0.96 EPS for the current fiscal year.
A number of other firms have also recently commented on TMS. Analysts at KeyCorp downgraded shares of TMS International Corp. (NYSE:TMS) from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, September 3rd. Analysts at Raymond James raised their price target on shares of TMS International Corp. (NYSE:TMS) from $17.00 to $19.00 in a research note to investors on Monday, August 5th. They now have a “strong-buy” rating on the stock. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $16.98.
TMS International Corp. (NYSE:TMS), formerly Metal Services Acquisition Corp.
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