Trinity Industries, Inc. [TRN] stock prices are up 2.88% to $35.76 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TRN shares have gain 1.59% over the last week, with a monthly amount glided 5.02%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Trinity Industries, Inc. [NYSE: TRN] stock has seen the most recent analyst activity on October 21, 2024, when Susquehanna downgraded its rating to a Neutral and also boosted its price target to $35 from $34. Previously, TD Cowen reaffirmed its Buy rating on May 02, 2024, and elevated its price target to $33. On October 16, 2023, upgrade upgraded it’s rating to Positive and revised its price target to $32 on the stock. Susquehanna downgraded its rating to a Neutral but stick to its price target of $30 on November 07, 2022. Susquehanna upgraded its rating to a Positive and raised its price target to $36 on July 26, 2021. Cowen reiterated a Outperform rating for this stock on February 10, 2021, and upped its price target to $34. In a note dated December 14, 2020, Wells Fargo upgraded an Overweight rating on this stock but restated the target price of $30.
The stock price of Trinity Industries, Inc. [TRN] has been fluctuating between $20.04 and $37.04 over the past year. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Trinity Industries, Inc. [NYSE: TRN] shares were valued at $35.76 at the most recent close of the market. An investor can expect a potential drop of -10.51% based on the average TRN price forecast.
Analyzing the TRN fundamentals
The Trinity Industries, Inc. [NYSE:TRN] reported sales of 3.27B for trailing twelve months, representing a surge of 16.47%. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.16 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.38.
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 35.25 points at the first support level, and at 34.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.03, and for the 2nd resistance point, it is at 36.30.
Ratios To Look Out For
It’s worth pointing out that Trinity Industries, Inc. [NYSE:TRN]’s Current Ratio is 2.07. In addition, the Quick Ratio stands at 1.14 and the Cash Ratio stands at 0.54. Considering the valuation of this stock, the price to sales ratio is 0.90, the price to book ratio is 2.77 and price to earnings (TTM) ratio is 18.40.
Transactions by insiders
Recent insider trading involved Marchetto Eric R, EVP & CFO, that happened on May 02 ’24 when 8816.0 shares were sold. EVP & CFO, Marchetto Eric R completed a deal on Mar 27 ’24 to sell 9781.0 shares. Meanwhile, EVP Operations & Support Svcs Poet Kevin sold 6000.0 shares on Mar 06 ’24.
