News articles about Trinseo (NYSE:TSE) have trended somewhat positive on Thursday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Trinseo earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the basic materials company an impact score of 45.8459489532067 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s rankings:
Shares of NYSE:TSE opened at $79.10 on Thursday. Trinseo has a 52 week low of $57.70 and a 52 week high of $85.35. The company has a quick ratio of 1.81, a current ratio of 2.63 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $3,373.72, a price-to-earnings ratio of 9.73, a PEG ratio of 0.91 and a beta of 2.30.
Trinseo (NYSE:TSE) last released its quarterly earnings results on Monday, February 19th. The basic materials company reported $2.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.67 by $0.47. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Trinseo had a net margin of 7.38% and a return on equity of 62.52%. The business’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.68 earnings per share. research analysts anticipate that Trinseo will post 8.59 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 25th. Stockholders of record on Wednesday, April 11th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Tuesday, April 10th. Trinseo’s dividend payout ratio (DPR) is presently 17.71%.
TSE has been the subject of several recent analyst reports. ValuEngine raised shares of Trinseo from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Deutsche Bank upped their target price on shares of Trinseo to $92.00 and gave the company a “buy” rating in a research note on Monday, January 15th. Wells Fargo reaffirmed an “outperform” rating and issued a $84.00 target price (up previously from $79.00) on shares of Trinseo in a research note on Wednesday, January 17th. Zacks Investment Research raised shares of Trinseo from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a research note on Thursday, January 25th. Finally, Jefferies Group upped their target price on shares of Trinseo to $97.00 and gave the company a “buy” rating in a research note on Tuesday, January 30th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $89.00.
In other news, insider Angelo N. Chaclas sold 7,991 shares of the company’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $82.10, for a total value of $656,061.10. Following the completion of the transaction, the insider now owns 14,671 shares in the company, valued at $1,204,489.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ryan J. Leib sold 2,974 shares of the company’s stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $80.68, for a total transaction of $239,942.32. Following the completion of the transaction, the insider now owns 7,340 shares of the company’s stock, valued at approximately $592,191.20. The disclosure for this sale can be found here. Insiders sold 44,089 shares of company stock valued at $3,554,204 in the last quarter. Corporate insiders own 0.26% of the company’s stock.
WARNING: “Trinseo (TSE) Receives Daily News Sentiment Score of 0.18” was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this article can be read at https://www.dispatchtribunal.com/2018/04/19/trinseo-tse-receives-daily-news-sentiment-score-of-0-18.html.
Trinseo Company Profile
Trinseo SA is a materials company engaged in the manufacture and marketing of synthetic rubber, latex and plastics. The Company’s segments include Latex Binders, Synthetic Rubber, Performance Plastics, Basic Plastics, Feedstocks and Americas Styrenics. The Latex Binders segment produces styrene-butadiene latex (SB latex) and other latex polymers and binders.
Receive News & Ratings for Trinseo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinseo and related companies with MarketBeat.com's FREE daily email newsletter.