What is the best trade option for Trinity Capital Inc (TRIN) stock?

Trinity Capital Inc [TRIN] stock is trading at $14.80, up 1.02%. An important factor to consider is whether the stock is rising or falling in short-term value. The TRIN shares have gain 2.63% over the last week, with a monthly amount glided 3.34%, 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 December 02, 2024, when Wells Fargo downgraded its rating to a Underweight but kept the price target unchanged to $13 for it. Previously, Compass Point upgraded its rating to Buy on August 22, 2023, and kept the price target unchanged to $15.50. On August 07, 2023, upgrade upgraded it’s rating to Mkt Perform but maintained its price target of $15 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $15 on July 05, 2023. Keefe Bruyette downgraded its rating to a Underperform and reduced its price target to $11 on March 13, 2023. Susquehanna downgraded its rating to Neutral for this stock on November 07, 2022, but kept the price target unchanged to $30. In a note dated November 04, 2022, Keefe Bruyette downgraded an Mkt Perform rating on this stock and revised its target price from $16 to $12.50.

Trinity Capital Inc [TRIN] stock has fluctuated between $13.05 and $15.41 over the past year. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Trinity Capital Inc [NASDAQ: TRIN] shares were valued at $14.80 at the most recent close of the market. An investor can expect a potential drop of -12.16% based on the average TRIN price forecast.

Analyzing the TRIN fundamentals

Trinity Capital Inc [NASDAQ:TRIN] reported sales of 196.58M for the trailing twelve months, which represents a growth of 7.72%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.83%, Pretax Profit Margin comes in at 0.48%, and Net Profit Margin reading is 0.48%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.13 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.

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 14.67 points at the first support level, and at 14.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.87, and for the 2nd resistance point, it is at 14.95.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 4.44, the price to book ratio is 1.13 and price to earnings (TTM) ratio is 8.75.

Transactions by insiders

Recent insider trading involved Zacharia Michael, Director, that happened on Dec 10 ’24 when 5560.0 shares were purchased. Executive Chairman, Brown Steve Louis completed a deal on Nov 04 ’24 to buy 19350.0 shares. Meanwhile, Director Zacharia Michael bought 790.0 shares on Nov 04 ’24.

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