Trinity Industries Inc. (NYSE:TRN) went up by 2.16% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Railroads giant went up by $22.67 to trade ended Tuesday trading at $22.19. This is up from the $22.19 price recorded on Monday’s trading session. Its performance from the start of the year has also been positive, with TRN up by 2.35% year-to-date.
Trinity Industries Inc. (TRN) started the day trading at $23.15 and recorded an intraday high of $23.47. It also recorded an intraday low of $22.575 during Tuesday’s trading session. Trinity Industries Inc. is a very active stock that recorded a trading volume that is less than -8.86% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 1313561, which is less than -8.86 of the total average daily trading volume of 1.43 million.
Trinity Industries Inc. (NYSE:TRN) 2020 Performance Impressive
The increase in TRN’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of TRN currently stands at $24.64, which is higher than the current trading price of the stock by 8.0%. However, TRN’s current trading price is -56.02% lower than the 52-week low price of $14.53. In terms of trading volume, Trinity Industries Inc. currently experienced healthy participation during the last trading session. 1313561 shares of Trinity Industries Inc. were traded on the stock exchange on Tuesday, which is less than -8.86% of the 1.43 million average trading volume of the stock.
The performance of the stock has been positive over the past year. TRN’s performance over the past one year has seen it surge by 18.07%, while the stock has gone down by -0.40% in the last six months. The quarterly performance of TRN currently stands at 29.54%, and it is up by 24.63% in the last month. The only negative figure was from the weekly performance, which currently reads -1.78%. At the time of writing TRN’s report, the company has a total market cap of $2.57B, making it one of the largest publicly-traded companies in the world.Trinity Industries Inc. also has over 11875 employees all over the world.
TRN Insider Activities
For Trinity Industries Inc., insiders hold 98.60% of all company shares. The insider transactions over the past six months are up by 710.70%. During that period, insiders bought 2,242,751 shares in 41 transactions. In that same period, insiders sold 51,029 of their shares in 8 transactions. After these transactions, insiders at Trinity Industries Inc. now hold 2.89M shares, which is over 103.78% of the total company stocks. Institutional investors currently hold a large chunk of the TRN shares, as they control 2.45% of the company’s total stock.
TRN Fundamental Analysis
For Trinity Industries Inc., the stock’s diluted earnings per share (EPS) stands at 0.90. In the coming year, analysts expect the EPS to be 0.63. The EPS growth will up over the next five years to 10.00% after plunging by -23.60% in the previous five years. In terms of revenue, Trinity Industries Inc.’s quarterly sales (YOY) is growing at 0.10, which is higher than the average annual revenue of -23.60% over the past half a decade.
The Return on Investment (ROI) on Trinity Industries Inc.’s stock currently stands at 5.10%, and it has a net profit margin of 8.80%. The operating margin of the company is 13.20%, and its gross margin is 20.90%.
TRN Analysts Prediction
Another analyst that has a Outperform rating for TRN is Cowen, which set a price target of between $29 and $26. Buckingham Research reiterate their Neutral position on the stock ($32 and $26)
Analysts at Cowen believe that TRN is Outperform, and they have a price target of between $47 and $29. Stifel and Buckingham Research also believe that Trinity Industries Inc.’s stock is outperforming at the moment.
At the moment, Trinity Industries Inc.’s Total Debt to Equity ratio stands at 2.30, and they have a long-term Debt to Equity ratio of 2.30.
TRN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of TRN currently stands at 7.11%, while the SMA50 is 20.22%. The biggest one is the SMA200, which is currently reading 15.09% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 62.30, while its price to earnings ratio (P/E) is 25.19.