Trinity Industries, Inc (TRN) stock poised to deliver a potential drop of -9.88%

At the time of writing, Trinity Industries, Inc [TRN] stock is trading at $26.63, down -0.60%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TRN shares have gain 10.45% over the last week, with a monthly amount glided 4.19%, and 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 $23.01 and $39.83. Currently, Wall Street analysts expect the stock to reach $24 within the next 12 months. Trinity Industries, Inc [NYSE: TRN] shares were valued at $26.63 at the most recent close of the market. An investor can expect a potential drop of -9.88% based on the average TRN price forecast.

Analyzing the TRN fundamentals

According to Trinity Industries, Inc [NYSE:TRN], the company’s sales were 2.85B for trailing twelve months, which represents an -27.69% plunge. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.08%, 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 0.12 and Total Capital is 0.06.

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 26.50 points at the first support level, and at 26.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.87, and for the 2nd resistance point, it is at 27.11.

Ratios To Look Out For

It is important to note that Trinity Industries, Inc [NYSE:TRN] has a current ratio of 1.97. Further, the Quick Ratio stands at 1.13, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 2.06 and price to earnings (TTM) ratio is 16.38.

Transactions by insiders

Recent insider trading involved Mitchell Gregory B, EVP Leasing and Services, that happened on Mar 03 ’25 when 9286.0 shares were sold. Officer, GREGORY B MITCHELL completed a deal on Mar 03 ’25 to buy 9286.0 shares. Meanwhile, EVP Leasing and Services Mitchell Gregory B sold 20510.0 shares on Nov 15 ’24.

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