Investment analysts at Sidoti assumed coverage on shares of TRC Cos. (NYSE:TRR) in a research note issued to investors on Monday. The firm set a “buy” rating on the stock.

TRC Cos. (NYSE:TRR) traded down 2.53% during trading on Monday, hitting $9.65. 32,717 shares of the stock were exchanged. TRC Cos. has a one year low of $5.79 and a one year high of $11.11. The stock’s 50 day moving average is $8.77 and its 200-day moving average is $7.44. The company’s market cap is $301.60 million.

TRC Cos. (NYSE:TRR) last posted its earnings results on Thursday, November 3rd. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. The company had revenue of $124.30 million for the quarter, compared to analysts’ expectations of $507.04 million. TRC Cos. had a positive return on equity of 10.89% and a negative net margin of 0.17%. On average, equities research analysts expect that TRC Cos. will post $0.59 earnings per share for the current fiscal year.

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In other news, SVP Martin H. Dodd sold 3,300 shares of the firm’s stock in a transaction on Friday, September 23rd. The stock was sold at an average price of $9.00, for a total transaction of $29,700.00. Following the transaction, the senior vice president now directly owns 189,440 shares of the company’s stock, valued at $1,704,960. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Martin H. Dodd sold 56,700 shares of the firm’s stock in a transaction on Friday, November 11th. The shares were sold at an average price of $9.29, for a total value of $526,743.00. Following the transaction, the senior vice president now directly owns 185,198 shares in the company, valued at $1,720,489.42. The disclosure for this sale can be found here. 7.60% of the stock is owned by company insiders.

TRC Cos. Company Profile

TRC Companies, Inc is an engineering, consulting and construction management firm. The Company provides integrated services to the environmental, energy and infrastructure markets, primarily in the United States. The Company operates through three segments: Energy, Environmental and Infrastructure. The Energy operating segment provides services, such as program management, engineer/procure/construct projects, design and consulting.

5 Day Chart for NYSE:TRR

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