Favorable News Coverage Extremely Likely to Impact TRC Companies (TRR) Stock Price
News coverage about TRC Companies (NYSE:TRR) has trended positive this week, according to AlphaOne. The research group, a division of Accern, identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TRC Companies earned a news sentiment score of 0.50 on AlphaOne’s scale. AlphaOne also assigned media stories about the construction company an impact score of 100 out of 100, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have impacted AlphaOne Sentiment Analysis’s scoring:
- ETFs with exposure to TRC Cos., Inc. : June 15, 2017 (finance.yahoo.com)
- TRC Cos Up 90.8% Since SmarTrend Uptrend Call (TRR) (mysmartrend.com)
- TRC Cos., Inc. – Value Analysis (NYSE:TRR) : June 14, 2017 (finance.yahoo.com)
- TRC Cos., Inc. breached its 50 day moving average in a Bullish Manner : TRR-US : June 13, 2017 (finance.yahoo.com)
Separately, Sidoti lowered TRC Companies from a “buy” rating to a “neutral” rating and boosted their target price for the company from $14.00 to $18.00 in a research report on Monday, April 3rd.
TRC Companies (NYSE TRR) traded up 0.29% during trading on Friday, hitting $17.55. 178,404 shares of the company’s stock traded hands. The stock has a market cap of $554.93 million, a P/E ratio of 31.28 and a beta of 0.60. TRC Companies has a 12-month low of $5.91 and a 12-month high of $17.55. The firm’s 50-day moving average price is $17.51 and its 200 day moving average price is $13.26.
TRC Companies (NYSE:TRR) last posted its quarterly earnings results on Thursday, May 4th. The construction company reported $0.14 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.02. TRC Companies had a net margin of 3.52% and a return on equity of 11.40%. The company had revenue of $128.73 million for the quarter. Analysts anticipate that TRC Companies will post $0.63 earnings per share for the current fiscal year.
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TRC Companies Company Profile
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