Trecora Resources (NYSE:TREC) will be announcing its earnings results after the market closes on Tuesday, August 4th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Trecora Resources (NYSE:TREC) last announced its quarterly earnings data on Tuesday, May 5th. The basic materials company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.45. The firm had revenue of $62.07 million during the quarter, compared to analysts’ expectations of $59.80 million. Trecora Resources had a negative net margin of 2.35% and a positive return on equity of 2.78%. On average, analysts expect Trecora Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Trecora Resources stock opened at $5.75 on Friday. The company has a quick ratio of 4.56, a current ratio of 4.89 and a debt-to-equity ratio of 0.59. Trecora Resources has a 52-week low of $4.23 and a 52-week high of $9.64. The firm has a market cap of $142.14 million, a PE ratio of -22.11 and a beta of 0.82. The company’s 50 day moving average is $5.80 and its two-hundred day moving average is $5.92.
TREC has been the topic of a number of recent research reports. ValuEngine raised Trecora Resources from a “hold” rating to a “buy” rating in a research report on Thursday, July 2nd. B. Riley lowered their target price on Trecora Resources from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $7.75.
About Trecora Resources
Trecora Resources manufactures and sells various specialty petrochemical products and synthetic waxes in the United States. The company operates in two segments, Petrochemical and Specialty Waxes. The Petrochemical segment offers hydrocarbons and other petroleum based products, including isopentane, normal pentane, isohexane, and hexane for use in the production of polyethylene, packaging, polypropylene, expandable polystyrene, poly-iso/urethane foams, and crude oil from the Canadian tar sands, as well as in the catalyst support industry.
Receive News & Ratings for Trecora Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trecora Resources and related companies with MarketBeat.com's FREE daily email newsletter.