TMS International Corp. Stock Rating Lowered by Raymond James (TMS)
TMS International Corp. (NYSE:TMS) was downgraded by stock analysts at Raymond James to a “market perform” rating in a report issued on Tuesday, AnalystRatings.Net reports.
TMS International Corp. (NYSE:TMS) opened at 17.48 on Tuesday. TMS International Corp. has a 1-year low of $9.85 and a 1-year high of $17.83. The stock has a 50-day moving average of $17.44 and a 200-day moving average of $15.72. The company has a market cap of $686.8 million and a P/E ratio of 21.58.
TMS International Corp. (NYSE:TMS) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was down 5.7% on a year-over-year basis. Analysts expect that TMS International Corp. will post $0.96 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of TMS International Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, October 2nd. They now have a $17.90 price target on the stock. Separately, analysts at KeyCorp downgraded shares of TMS International Corp. from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, September 3rd. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. TMS International Corp. currently has an average rating of “Hold” and an average price target of $16.48.
TMS International Corp. (NYSE:TMS), formerly Metal Services Acquisition Corp.
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