Sidoti began coverage on shares of TRC Cos. (NYSE:TRR) in a report issued on Monday, The Fly reports. The brokerage set a “buy” rating on the stock.
Shares of TRC Cos. (NYSE:TRR) traded down 2.53% on Monday, hitting $9.65. The stock had a trading volume of 32,717 shares. The company’s market cap is $301.60 million. The firm has a 50 day moving average price of $8.77 and a 200-day moving average price of $7.44. TRC Cos. has a 52 week low of $5.79 and a 52 week high of $11.11.
TRC Cos. (NYSE:TRR) last released its quarterly earnings data 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 business 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%. Analysts anticipate that TRC Cos. will post $0.59 EPS for the current year.
In other news, SVP Martin H. Dodd sold 3,300 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president now directly owns 189,440 shares in the company, valued at $1,704,960. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Martin H. Dodd sold 56,700 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president now owns 185,198 shares in the company, valued at $1,720,489.42. The disclosure for this sale can be found here. Insiders own 7.60% of the company’s stock.
About TRC Cos.
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.