Somewhat Favorable News Coverage Extremely Likely to Affect TRC Companies (TRR) Stock Price

News coverage about TRC Companies (NYSE:TRR) has trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern 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 0.18 on Accern’s scale. Accern 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.

Separately, Sidoti lowered shares of TRC Companies from a “buy” rating to a “neutral” rating and lifted their price target for the company from $14.00 to $18.00 in a research report on Monday, April 3rd.

TRC Companies (NYSE TRR) traded up 0.14% during mid-day trading on Monday, hitting $17.55. 15,543 shares of the stock traded hands. TRC Companies has a 12 month low of $5.91 and a 12 month high of $17.60. The stock’s 50 day moving average is $17.51 and its 200-day moving average is $13.46.

TRC Companies (NYSE:TRR) last announced its earnings results on Thursday, May 4th. The construction company reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.02. TRC Companies had a net margin of 3.49% and a return on equity of 10.93%. The firm had revenue of $128.73 million for the quarter. Analysts predict that TRC Companies will post $0.63 earnings per share for the current fiscal year.

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