Catherine C. Keenan Sells 12,264 Shares of Trinseo S.A. (TSE) Stock
Trinseo S.A. (NYSE:TSE) insider Catherine C. Keenan sold 12,264 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $38.17, for a total transaction of $468,116.88. Following the sale, the insider now directly owns 15,901 shares of the company’s stock, valued at $606,941.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of NYSE:TSE opened at $38.14 on Tuesday. Trinseo S.A. has a 52 week low of $36.65 and a 52 week high of $82.18. The company has a quick ratio of 2.05, a current ratio of 2.81 and a debt-to-equity ratio of 1.61. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 5.26, a PEG ratio of 0.47 and a beta of 2.09.
Trinseo (NYSE:TSE) last issued its earnings results on Thursday, May 2nd. The basic materials company reported $1.09 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.07 by $0.02. Trinseo had a net margin of 4.61% and a return on equity of 30.47%. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the firm earned $2.76 earnings per share. The business’s quarterly revenue was down 9.7% on a year-over-year basis. On average, research analysts anticipate that Trinseo S.A. will post 6.51 EPS for the current year.
TSE has been the subject of a number of recent research reports. Citigroup set a $58.00 price target on shares of Trinseo and gave the stock a “buy” rating in a research note on Friday, February 15th. Alembic Global Advisors set a $75.00 price target on shares of Trinseo and gave the stock a “buy” rating in a research note on Thursday, February 14th. ValuEngine raised shares of Trinseo from a “strong sell” rating to a “sell” rating in a research note on Friday, March 1st. Zacks Investment Research raised shares of Trinseo from a “sell” rating to a “hold” rating in a research note on Wednesday, March 27th. Finally, Deutsche Bank lowered their target price on shares of Trinseo from $58.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. Trinseo has an average rating of “Hold” and an average price target of $67.50.
Trinseo SA, a materials company, manufactures and markets synthetic rubber, latex binders, and plastic products in Europe, the United States, the Asia-Pacific, and internationally. The company operates through six segments: Latex Binders, Synthetic Rubber, Performance Plastics, Polystyrene, Feedstocks, and Americas Styrenics.
Further Reading: Debt-To-Equity Ratio
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