Trinity Industries Inc. [NYSE: TRN] loss -5.55% or -1.57 points to close at $26.72 with a heavy trading volume of 1202435 shares. The company report on April 22, 2021 that Trinity Industries, Inc. Announces First Quarter 2021 Results.
Reports quarterly GAAP and adjusted earnings from continuing operations of $0.03 and $0.07 per diluted share, respectively.
Generates year-to-date operating and total free cash flow after dividends and investments of $70 million and $90 million, respectively.
It opened the trading session at $27.91, the shares rose to $28.57 and dropped to $26.65, the range by which the price of stock traded the whole day. The daily chart for TRN points out that the company has recorded 25.21% gains over the past six months. However, it is still -71.83% lower than its most recent low trading price.
If we look at the average trading volume of 934.33K shares, TRN reached to a volume of 1202435 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Trinity Industries Inc. [TRN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TRN shares is $31.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TRN stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cowen have made an estimate for Trinity Industries Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 10, 2021. The new note on the price target was released on December 14, 2020, representing the official price target for Trinity Industries Inc. stock. Previously, the target price had yet another drop from $24 to $21, while Cowen kept a Outperform rating on TRN stock.
The Average True Range (ATR) for Trinity Industries Inc. is set at 0.97, with the Price to Sales ratio for TRN stock in the period of the last 12 months amounting to 1.48. The Price to Book ratio for the last quarter was 1.72, with the Price to Cash per share for the same quarter was set at 1.20. Price to Free Cash Flow for TRN in the course of the last twelve months was 6.45.
Trading performance analysis for TRN stock
Trinity Industries Inc. [TRN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.03. With this latest performance, TRN shares dropped by -1.00% in over the last four-week period, additionally plugging by 25.21% over the last 6 months – not to mention a rise of 70.19% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TRN stock in for the last two-week period is set at 37.63, with the RSI for the last a single of trading hit 33.24, and the three-weeks RSI is set at 40.83 for Trinity Industries Inc. [TRN]. The present Moving Average for the last 50 days of trading for this stock 29.53, while it was recorded at 27.99 for the last single week of trading, and 24.40 for the last 200 days.
Trinity Industries Inc. [TRN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Trinity Industries Inc. [TRN] shares currently have an operating margin of +13.29 and a Gross Margin at +24.72. Trinity Industries Inc.’s Net Margin is presently recorded at -7.36.
Return on Total Capital for TRN is now 3.68, given the latest momentum, and Return on Invested Capital for the company is -2.17. Return on Equity for this stock declined to -7.81, with Return on Assets sitting at -1.69. When it comes to the capital structure of this company, Trinity Industries Inc. [TRN] has a Total Debt to Total Equity ratio set at 294.11. Additionally, TRN Total Debt to Total Capital is recorded at 74.63, with Total Debt to Total Assets ending up at 58.77. Long-Term Debt to Equity for the company is recorded at 280.62, with the Long-Term Debt to Total Capital now at 71.21.
Reflecting on the efficiency of the workforce at the company, Trinity Industries Inc. [TRN] managed to generate an average of -$23,090 per employee. Receivables Turnover for the company is 4.35 with a Total Asset Turnover recorded at a value of 0.23.
Trinity Industries Inc. [TRN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Trinity Industries Inc. posted 0.02/share EPS, while the average EPS was predicted by analysts to be reported at 0.1/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -80.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TRN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Trinity Industries Inc. go to 10.00%.
An analysis of insider ownership at Trinity Industries Inc. [TRN]
There are presently around $2,904 million, or 98.80% of TRN stock, in the hands of institutional investors. The top three institutional holders of TRN stocks are: VALUEACT HOLDINGS, L.P. with ownership of 27,005,855, which is approximately 0% of the company’s market cap and around 0.30% of the total institutional ownership; CAPITAL INTERNATIONAL INVESTORS, holding 12,416,814 shares of the stock with an approximate value of $331.78 million in TRN stocks shares; and VANGUARD GROUP INC, currently with $199.95 million in TRN stock with ownership of nearly -1.819% of the company’s market capitalization.
Positions in Trinity Industries Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 111 institutional holders increased their position in Trinity Industries Inc. [NYSE:TRN] by around 7,425,079 shares. Additionally, 143 investors decreased positions by around 9,899,684 shares, while 44 investors held positions by with 91,354,870 shares. The mentioned changes placed institutional holdings at 108,679,633 shares, according to the latest SEC report filing. TRN stock had 31 new institutional investments in for a total of 411,363 shares, while 29 institutional investors sold positions of 1,967,351 shares during the same period.