Trinseo (TSE) Scheduled to Post Quarterly Earnings on Thursday
Trinseo (NYSE:TSE) will announce its Q214 earnings results on Thursday, August 7th. Analysts expect the company to announce earnings of $0.31 per share and revenue of $1.32 billion for the quarter.
Shares of Trinseo (NYSE:TSE) traded down 1.60% during mid-day trading on Wednesday, hitting $16.275. The stock had a trading volume of 28,380 shares. Trinseo has a 52 week low of $15.66 and a 52 week high of $22.99. The stock’s 50-day moving average is $19.98 and its 200-day moving average is $20.00. The company has a market cap of $769.3 million and a P/E ratio of 135.57.
A number of analysts have recently weighed in on TSE shares. Analysts at Barclays initiated coverage on shares of Trinseo in a research note on Wednesday, July 23rd. They set an “equal weight” rating and a $22.00 price target on the stock. On the ratings front, analysts at Bank of America initiated coverage on shares of Trinseo in a research note on Tuesday, July 22nd. They set a “buy” rating and a $26.00 price target on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of Trinseo in a research note on Tuesday, July 22nd. They set an “equal weight” rating on the stock. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $24.75.
Trinseo SA (NYSE:TSE) is a materials company engaged in the manufacture and marketing of specialty and customized emulsion polymers and plastics.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.