Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Trinity Industries, Inc (NYSE: TRN) closed at $34.57 up 0.52% from its previous closing price of $34.39. In other words, the price has increased by $0.52 from its previous closing price. On the day, 0.75 million shares were traded.
Ratios:
For a deeper understanding of Trinity Industries, Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 2.18. In the meantime, Its Debt-to-Equity ratio is 5.50 whereas as Long-Term Debt/Eq ratio is at 5.50.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on November 18, 2024, initiated with a Neutral rating and assigned the stock a target price of $39.
On October 21, 2024, Susquehanna Downgraded its rating to Neutral which previously was Positive and also upped its target price recommendation from $34 to $35.
TD Cowen reiterated its Buy rating for the stock on May 02, 2024, while the target price for the stock was revised from $30 to $33.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 15 ’24 when Mitchell Gregory B sold 20,510 shares for $37.15 per share. The transaction valued at 761,946 led to the insider holds 121,165 shares of the business.
GREGORY B MITCHELL bought 20,510 shares of TRN for $761,903 on Nov 15 ’24. On May 02 ’24, another insider, Marchetto Eric R, who serves as the EVP & CFO of the company, sold 8,816 shares for $30.00 each. As a result, the insider received 264,480 and left with 224,888 shares of the company.
Valuation Measures:
As of this moment, Trinity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.81, and their Forward P/E ratio for the next fiscal year is 21.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 2.69.
Stock Price History:
Over the past 52 weeks, TRN has reached a high of $39.83, while it has fallen to a 52-week low of $23.67. The 50-Day Moving Average of the stock is -6.05%, while the 200-Day Moving Average is calculated to be 2.37%.
Shares Statistics:
A total of 82.40M shares are outstanding, with a floating share count of 81.07M. Insiders hold about 1.33% of the company’s shares, while institutions hold 87.09% stake in the company.
Earnings Estimates
The current assessment of Trinity Industries, Inc (TRN) involves the perspectives of 2.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.36, with high estimates of $0.39 and low estimates of $0.33.
Analysts are recommending an EPS of between $1.79 and $1.75 for the fiscal current year, implying an average EPS of $1.77. EPS for the following year is $1.67, with 2.0 analysts recommending between $1.75 and $1.6.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $589.3M this quarter.It ranges from a high estimate of $608.61M to a low estimate of $570M. As of the current estimate, Trinity Industries, Inc’s year-ago sales were $797.9MFor the next quarter, 2 analysts are estimating revenue of $676.87M. There is a high estimate of $677M for the next quarter, whereas the lowest estimate is $676.75M.
A total of 2 analysts have provided revenue estimates for TRN’s current fiscal year. The highest revenue estimate was $3.06B, while the lowest revenue estimate was $3.02B, resulting in an average revenue estimate of $3.04B. In the same quarter a year ago, actual revenue was $2.98BBased on 2 analysts’ estimates, the company’s revenue will be $2.73B in the next fiscal year. The high estimate is $2.76B and the low estimate is $2.7B.
