Trinity Capital Inc [TRIN] stock prices are up 1.39% to $13.90 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TRIN shares have gain 4.04% over the last week, with a monthly amount glided 0.14%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Trinity Capital Inc [NASDAQ: TRIN] stock has seen the most recent analyst activity on August 22, 2023, when Compass Point upgraded its rating to a Buy but kept the price target unchanged to $15.50 for it. Previously, Keefe Bruyette upgraded its rating to Mkt Perform on August 07, 2023, and kept the price target unchanged to $15. On July 05, 2023, Jefferies initiated with a Buy rating and assigned a price target of $15 on the stock. Keefe Bruyette downgraded its rating to a Underperform and decreased its price target to $11 on March 13, 2023. Susquehanna downgraded its rating to a Neutral but $30 remained the price target by the analyst firm on November 07, 2022. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on November 04, 2022, and downed its price target to $12.50. In a note dated October 27, 2022, Compass Point downgraded an Neutral rating on this stock and revised its target price from $18 to $12.75.
The stock price of Trinity Capital Inc [TRIN] has been fluctuating between $13.21 and $15.44 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Trinity Capital Inc [NASDAQ: TRIN] shares were valued at $13.90 at the most recent close of the market. An investor can expect a potential return of 15.11% based on the average TRIN price forecast.
Analyzing the TRIN fundamentals
The Trinity Capital Inc [NASDAQ:TRIN] reported sales of 193.13M for trailing twelve months, representing a surge of 147.78%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.84%, Pretax Profit Margin comes in at 0.52%, and Net Profit Margin reading is 0.51%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.14 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.71 points at the first support level, and at 13.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.01, and for the 2nd resistance point, it is at 14.12.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.84, the price to book ratio is 1.06 and price to earnings (TTM) ratio is 8.46.
Transactions by insiders
Recent insider trading involved Estes Ronald E., Director, that happened on Aug 26 ’24 when 1500.0 shares were purchased. Director, Estes Ronald E. completed a deal on Aug 22 ’24 to buy 597.0 shares. Meanwhile, CEO, President and CIO Brown Kyle Steven bought 3500.0 shares on Aug 13 ’24.