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The price of Trinity Industries, Inc. (NYSE: TRN) closed at $32.14 in the last session, down -2.64% from day before closing price of $33.01. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 0.6 million shares were traded. TRN stock price reached its highest trading level at $32.9 during the session, while it also had its lowest trading level at $31.8201.
Ratios:
We take a closer look at TRN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 5.48 whereas as Long-Term Debt/Eq ratio is at 5.48.
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, TD Cowen on May 02, 2024, Reiterated its Buy rating but revised its target price to $33 from $30 previously.
On October 16, 2023, Susquehanna Upgraded its rating to Positive which previously was Neutral and also upped its target price recommendation from $29 to $32.
Susquehanna Downgraded its Positive to Neutral on November 07, 2022, while the target price for the stock was maintained at $30.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 02 ’24 when Marchetto Eric R sold 8,816 shares for $30.00 per share. The transaction valued at 264,480 led to the insider holds 224,888 shares of the business.
Marchetto Eric R sold 9,781 shares of TRN for $273,868 on Mar 27 ’24. The EVP & CFO now owns 233,704 shares after completing the transaction at $28.00 per share. On Mar 06 ’24, another insider, Poet Kevin, who serves as the EVP Operations & Support Svcs of the company, sold 6,000 shares for $25.45 each. As a result, the insider received 152,700 and left with 30,718 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRN now has a Market Capitalization of 2721570048 and an Enterprise Value of 8458040832. As of this moment, Trinity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.53, and their Forward P/E ratio for the next fiscal year is 17.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 2.49. Its current Enterprise Value per Revenue stands at 2.586 whereas that against EBITDA is 11.618.
Stock Price History:
Over the past 52 weeks, TRN has reached a high of $37.04, while it has fallen to a 52-week low of $20.04. The 50-Day Moving Average of the stock is 1.62%, while the 200-Day Moving Average is calculated to be 14.04%.
Shares Statistics:
According to the various share statistics, TRN traded on average about 655.81K shares per day over the past 3-months and 457460 shares per day over the past 10 days. A total of 81.80M shares are outstanding, with a floating share count of 81.20M. Insiders hold about 1.51% of the company’s shares, while institutions hold 93.89% stake in the company. Shares short for TRN as of 1723680000 were 1985968 with a Short Ratio of 3.03, compared to 1721001600 on 1429278. Therefore, it implies a Short% of Shares Outstanding of 1985968 and a Short% of Float of 4.05.
Dividends & Splits
The forward annual dividend rate for TRN is 1.10, which was 1.1 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03332324The stock’s 5-year Average Dividend Yield is 3.47.
