Trinity Biotech Stock Target Price and Analyst Consensus

TRIB Stock  USD 1.22  0.08  6.15%   
The current analyst and expert consensus on Trinity Biotech is Strong Buy, with only one strong buy opinion. The current projected Trinity Biotech target price consensus is 7.00 with 1 analyst opinions. Check out Macroaxis Advice on Trinity Biotech to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Trinity Biotech plc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Trinity Biotech executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Trinity Biotech. We encourage you to use your own analysis of Trinity Biotech plc to validate this buy or sell advice. Trinity Biotech buy-or-sell recommendation module provides average expert sentiment on the projected Trinity Biotech plc target price to derive its highest and lowest estimates based on projected price volatility of 7.006.
Lowest Forecast
6.37
Highest Forecast
7.77
Target Price
7
The current year's Gross Profit is expected to grow to about 35.1 M, whereas Pretax Profit Margin is projected to grow to (0.62). At present, Trinity Biotech's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 66.9 M, whereas Total Assets are forecasted to decline to about 56.5 M.
  
It's important to approach Trinity Biotech's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Trinity Biotech price targets

Trinity Biotech's stock target price is an estimate of its future price, usually made by analysts. Using Trinity Biotech's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Trinity Biotech's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Trinity Biotech's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Trinity Biotech Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Trinity Biotech is a key component of Trinity Biotech valuation and have some predictive power on the future returns of a Trinity Biotech.
Hype
Prediction
LowEstimatedHigh
0.061.218.22
Details
Intrinsic
Valuation
LowRealHigh
0.132.669.67
Details
Naive
Forecast
LowNextHigh
0.031.358.35
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.23-0.23-0.23
Details

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Gambling Idea
Gambling
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Momentum Idea
Momentum
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Video Games Idea
Video Games
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Chemicals Idea
Chemicals
Invested over 30 shares
FinTech Idea
FinTech
Invested over 60 shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
When determining whether Trinity Biotech plc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trinity Biotech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trinity Biotech Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trinity Biotech Plc Stock:
Check out Macroaxis Advice on Trinity Biotech to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Please note, the presentation of Trinity Biotech's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trinity Biotech's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Trinity Biotech's management manipulating its earnings.