Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $56.29 on Trinseo S.A. (NYSE:TSE) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $7.06 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Trinseo S.A. (NYSE:TSE) stands at 10.60.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Trinseo S.A. Ordinary Shares, the PEG ratio for coming 3-5 years is 0.36.
The technical analysis highlights that Trinseo S.A. Ordinary Shares current is trading $5.95 points away or +11.42% from its 50-day moving average of $52.15. Further it is trading $15.26 or +35.61% away its 200-day moving average of $42.84.
The 52-week high of Trinseo S.A. (NYSE:TSE) was $59.42 while lowest point recorded in 52-week was $21.92. It implies if stock price makes a movement of over $-1.32, it will record a new 52-week high. In the case of +165.05% drop, it will touch a new 52-week low.
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