NASDAQ:TRIB

Trinity Biotech - TRIB Stock Forecast, Price & News

$1.24

-0.04 (-3.13%)

(As of 12/9/2022 12:00 AM ET)

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Today's Range: $1.19
▼
$1.28
50-Day Range: $1.14
▼
$1.39
52-Week Range: $0.86
▼
$1.99

Volume: 37,555 shs
Average Volume: 224,610 shs
Market Capitalization: $47.17 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Trinity Biotech MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.35% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.27
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.46) to ($0.04) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.36 out of 5 stars

Medical Sector

976th out of 1,034 stocks

Diagnostic Substances Industry

15th out of 16 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Trinity Biotech.

4.0

Short Interest

Percentage of Shares Shorted
0.35% of the outstanding shares of Trinity Biotech have been sold short.
Short Interest Ratio / Days to Cover
Trinity Biotech has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Trinity Biotech has recently decreased by 2.89%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Trinity Biotech does not currently pay a dividend.
Dividend Growth
Trinity Biotech does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRIB.

2.9

News and Social Media Coverage

News Sentiment
Trinity Biotech has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.45 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Trinity Biotech this week, compared to 0 articles on an average week.
Search Interest
2 people have searched for TRIB on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
2 people have added Trinity Biotech to their MarketBeat watchlist in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Trinity Biotech insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.20% of the stock of Trinity Biotech is held by insiders.
Percentage Held by Institutions
Only 27.11% of the stock of Trinity Biotech is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Trinity Biotech are expected to grow in the coming year, from ($0.46) to ($0.04) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Trinity Biotech is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Trinity Biotech is -1.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Trinity Biotech (NASDAQ:TRIB) Stock

Trinity Biotech plc acquires, develops, manufactures, and markets medical diagnostic products for the clinical laboratory and point-of-care (POC) segments of the diagnostic market in the Americas, Africa, Asia, and Europe. The company offers clinical laboratory products, including diagnostic tests and instrumentation, which detect infectious diseases, such as lyme disease; sexually transmitted diseases consisting syphilis and herpes; SARS-CoV-2; and epstein barr, measles, mumps, toxoplasmosis, cytomegalovirus, rubella, varicella and other viral pathogens, as well as products for the in-vitro diagnostic testing for haemoglobin A1c used in the monitoring and diagnosis of diabetes, and identifying those who are at a risk of developing diabetes. It also develops, manufactures, and sells products in the immunofluorescence assay, enzyme-linked immunosorbent, western blot, and line immunoassay formats; and provides reagent products, such as ACE, bile acids, lactate, oxalate, and glucose-6-phosphate dehydrogenase for diagnosis of liver and kidney diseases, as well as haemolytic anaemia. In addition, the company sells raw materials to the life sciences industry and research institutes. It serves public health authorities, non-governmental organisations, and clinical and reference laboratories through its direct sales force, as well as through a network of independent distributors and strategic partners. Trinity Biotech plc was incorporated in 1992 and is headquartered in Bray, Ireland.

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TRIB Stock News Headlines

December 9, 2022 | finance.yahoo.com

Trinity Biotech plc to Announce Third Quarter Fiscal Year 2022 Financial Results

December 9, 2022 | finance.yahoo.com

Trinity Biotech plc to Announce Third Quarter Fiscal Year 2022 Financial Results

December 9, 2022 | americanbankingnews.com

Trinity Biotech (NASDAQ:TRIB) Coverage Initiated at StockNews.com

December 8, 2022 | msn.com

Pharma, Tech Sectors Help Buoy American Depositary Receipts of European Stocks

December 7, 2022 | msn.com

Pharama Stocks Nudge European Equities Modestly Higher in Wednesday Trading

December 1, 2022 | americanbankingnews.com

Critical Analysis: Trinity Biotech (NASDAQ:TRIB) & Virax Biolabs Group (NASDAQ:VRAX)

November 30, 2022 | americanbankingnews.com

Trinity Biotech (NASDAQ:TRIB) Coverage Initiated by Analysts at StockNews.com

November 21, 2022 | msn.com

Rising COVID Cases in China, Plunging Oil Prices Drag European Equities Lower in Monday Trading

November 3, 2022 | finance.yahoo.com

Trinity Biotech Announces Quarter 2 2022 Financial Results And Preliminary Q3 2022 Revenue Guidance

November 1, 2022 | finance.yahoo.com

Trinity Biotech plc to Announce Second Quarter Fiscal Year 2022 Financial Results

October 26, 2022 | finance.yahoo.com

Trinity Biotech Announces the Appointment of Tom Lindsay to its Board of Directors

October 3, 2022 | benzinga.com

Trinity Industries, Inc. Announces $1.8B Multi-Year Railcar Order

October 3, 2022 | finance.yahoo.com

Trinity Biotech Announces The Appointment of Aris Kekedjian As Chairman and CEO

October 1, 2022 | seekingalpha.com

TRIB Trinity Biotech plc

September 30, 2022 | finance.yahoo.com

Trinity Biotech Announces Results of AGM

August 28, 2022 | finance.yahoo.com

Is There Now An Opportunity In Trinity Biotech plc (NASDAQ:TRIB)?

July 18, 2022 | finance.yahoo.com

Estimating The Fair Value Of Trinity Biotech plc (NASDAQ:TRIB)

July 10, 2022 | msn.com

Revenues fall at Bray-based Trinity Biotech as Covid test sales decline

June 30, 2022 | seekingalpha.com

Trinity Biotech GAAP EPADS of -50c, revenue of $18.78M misses by $1.22M

June 30, 2022 | seekingalpha.com

Trinity Biotech plc (TRIB) CEO Ronan O'Caoimh on Q1 2022 Results - Earnings Call Transcript

June 30, 2022 | finance.yahoo.com

Trinity Biotech Announces Quarter 1 2022 Financial Results

June 29, 2022 | uk.finance.yahoo.com

Trinity Biotech plc to Announce First Quarter Fiscal Year 2022 Financial Results

June 29, 2022 | finance.yahoo.com

Trinity Biotech plc to Announce First Quarter Fiscal Year 2022 Financial Results

May 20, 2022 | seekingalpha.com

Trinity biotech receives European approval for rapid COVID-19 antigen test

May 20, 2022 | finance.yahoo.com

Trinity Biotech Announces CE Mark of its 10-Minute Covid-19 Antigen Test

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TRIB Company Calendar

Last Earnings: 5/24/2021
Today: 12/09/2022
Next Earnings (Estimated): 12/15/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Diagnostic substances
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:TRIB
CUSIP: N/A
CIK: 888721
Web: www.trinitybiotech.com
Phone: (531) 276-9800
Fax: 353-1276-9888
Employees: 543
Year Founded: 1992

Profitability

EPS (Most Recent Fiscal Year): ($0.76)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $880,000.00
Net Margins: -27.84%
Pretax Margin: -16.24%
Return on Equity: -345.70%
Return on Assets: -7.62%

Debt

Debt-to-Equity Ratio: 3.63
Current Ratio: 4.12
Quick Ratio: 2.03

Sales & Book Value

Annual Sales: $92.96 million
Price / Sales: 0.51
Cash Flow: $0.55 per share
Price / Cash Flow: 2.27
Book Value: ($0.02) per share
Price / Book: -61.90

Miscellaneous

Outstanding Shares: 38,108,000
Free Float: 34,983,000
Market Cap: $47.17 million
Optionable: Optionable
Beta: 1.36

Social Links

Key Executives

Mr. John Gillard (Age 41)
CFO, Company Sec. & Exec. Director
Comp: $593k

Dr. James Walsh Ph.D. (Age 64)
Exec. Director
Comp: $20k

Mr. Aris Kekedjian (Age 55)
CEO & Chairman

Mr. Simon Dunne (Age 48)
Chief Accounting Officer

Ms. Eibhlin Kelly (Age 38)
Chief Information Officer

Mr. Fernando Devia (Age 59)
Exec. VP of Sales

Mr. Sanjiv Suri (Age 63)
Sr. VP of Global Sales & GM of North America

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TRIB Stock - Frequently Asked Questions

How have TRIB shares performed in 2022?: Trinity Biotech's stock was trading at $1.43 at the beginning of 2022. Since then, TRIB stock has decreased by 13.4% and is now trading at $1.2379.
View the best growth stocks for 2022 here.
How were Trinity Biotech's earnings last quarter?: Trinity Biotech plc (NASDAQ:TRIB) issued its quarterly earnings data on Monday, May, 24th. The company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.03. The firm had revenue of $25.59 million for the quarter. Trinity Biotech had a negative net margin of 27.84% and a negative trailing twelve-month return on equity of 345.70%.
What guidance has Trinity Biotech issued on next quarter's earnings?: Trinity Biotech issued an update on its third quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $19.00 million-$20.00 million.
What is Ronan O'Caoimh's approval rating as Trinity Biotech's CEO?: 20 employees have rated Trinity Biotech Chief Executive Officer Ronan O'Caoimh on Glassdoor.com. Ronan O'Caoimh has an approval rating of 8% among the company's employees. This puts Ronan O'Caoimh in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Trinity Biotech own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Trinity Biotech investors own include Gilead Sciences (GILD), Novavax (NVAX), OPKO Health (OPK), Sorrento Therapeutics (SRNE), Advanced Micro Devices (AMD), Netflix (NFLX), Pfizer (PFE), QUALCOMM (QCOM), Energy Transfer (ET) and Exxon Mobil (XOM).

What is Trinity Biotech's stock symbol?: Trinity Biotech trades on the NASDAQ under the ticker symbol "TRIB."
Who are Trinity Biotech's major shareholders?: Trinity Biotech's stock is owned by many different retail and institutional investors. Top institutional shareholders include Hunter Associates Investment Management LLC (4.72%) and Renaissance Technologies LLC (3.77%).
How do I buy shares of Trinity Biotech?: Shares of TRIB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Trinity Biotech's stock price today?: One share of TRIB stock can currently be purchased for approximately $1.24.
How much money does Trinity Biotech make?: Trinity Biotech (NASDAQ:TRIB) has a market capitalization of $47.17 million and generates $92.96 million in revenue each year. The company earns $880,000.00 in net income (profit) each year or ($0.76) on an earnings per share basis.
How many employees does Trinity Biotech have?: The company employs 543 workers across the globe.
How can I contact Trinity Biotech?: Trinity Biotech's mailing address is IDA BUSINESS PARK BRAY, WICKLOW L2, . The official website for the company is www.trinitybiotech.com. The company can be reached via phone at (531) 276-9800, via email at kevin.tansley@trinitybiotech.com, or via fax at 353-1276-9888.

This page (NASDAQ:TRIB) was last updated on 12/10/2022 by MarketBeat.com Staff

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