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Trinity Industries, Inc (NYSE: TRN) closed the day trading at $35.48 down -4.67% from the previous closing price of $37.22. In other words, the price has decreased by -$4.67 from its previous closing price. On the day, 0.51 million shares were traded. TRN stock price reached its highest trading level at $36.5 during the session, while it also had its lowest trading level at $35.28.
Ratios:
For a better understanding of TRN, let’s look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
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 2915143168 and an Enterprise Value of 8739644416. As of this moment, Trinity’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.26, and their Forward P/E ratio for the next fiscal year is 22.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 2.76. Its current Enterprise Value per Revenue stands at 2.691 whereas that against EBITDA is 11.744.
Stock Price History:
The Beta on a monthly basis for TRN is 1.47, which has changed by 0.3628707 over the last 52 weeks, in comparison to a change of 0.20652604 over the same period for the S&P500. 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 -4.02%, while the 200-Day Moving Average is calculated to be 5.44%.
Shares Statistics:
Over the past 3-months, TRN traded about 490.22K shares per day on average, while over the past 10 days, TRN traded about 414490 shares per day. A total of 82.40M shares are outstanding, with a floating share count of 80.78M. Insiders hold about 1.68% of the company’s shares, while institutions hold 87.59% stake in the company. Shares short for TRN as of 1738281600 were 1963293 with a Short Ratio of 4.00, compared to 1735603200 on 2205835. Therefore, it implies a Short% of Shares Outstanding of 1963293 and a Short% of Float of 4.03.
Dividends & Splits
TRN’s forward annual dividend rate is 1.14, up from 1.12 a year ago. Against a Trailing Annual Dividend Yield of 0.030091347The stock’s 5-year Average Dividend Yield is 3.46. The current Payout Ratio is 83.40% for TRN, which recently paid a dividend on 2025-01-15 with an ex-dividend date of 1736899200. Stock splits for the company last occurred on 2018-11-01 when the company split stock in a 1389:1000 ratio.