At the time of writing, Trinity Industries, Inc [TRN] stock is trading at $30.99, down -0.55%. 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 lost -1.18% over the last week, with a monthly amount drifted -17.93%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Trinity Industries, Inc [NYSE: TRN] stock has seen the most recent analyst activity on November 18, 2024, when Goldman initiated its Neutral rating and assigned the stock a price target of $39. Previously, Susquehanna downgraded its rating to Neutral on October 21, 2024, and elevated its price target to $35. On May 02, 2024, TD Cowen reiterated its Buy rating and revised its price target to $33 on the stock. Susquehanna upgraded its rating to a Positive and increased its price target to $32 on October 16, 2023. Susquehanna downgraded its rating to a Neutral but $30 remained the price target by the analyst firm on November 07, 2022. Susquehanna upgraded its rating to Positive for this stock on July 26, 2021, and upped its price target to $36. In a note dated February 10, 2021, Cowen reiterated an Outperform rating on this stock and boosted its target price from $30 to $34.
For the past year, the stock price of Trinity Industries, Inc fluctuated between $24.21 and $39.83. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Trinity Industries, Inc [NYSE: TRN] shares were valued at $30.99 at the most recent close of the market. An investor can expect a potential return of 12.94% based on the average TRN price forecast.
Analyzing the TRN fundamentals
According to Trinity Industries, Inc [NYSE:TRN], the company’s sales were 3.08B for trailing twelve months, which represents an -21.12% plunge. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.13 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 5.37.
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 30.51 points at the first support level, and at 30.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.41, and for the 2nd resistance point, it is at 31.83.
Ratios To Look Out For
It is important to note that Trinity Industries, Inc [NYSE:TRN] has a current ratio of 0.85. In addition, the Quick Ratio stands at 0.52 and the Cash Ratio stands at 0.38. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 2.39 and price to earnings (TTM) ratio is 18.83.
Transactions by insiders
Recent insider trading involved Mitchell Gregory B, EVP Leasing and Services, that happened on Nov 15 ’24 when 20510.0 shares were sold. Officer, GREGORY B MITCHELL completed a deal on Nov 15 ’24 to buy 20510.0 shares. Meanwhile, EVP & CFO Marchetto Eric R sold 8816.0 shares on May 02 ’24.
