Trinity Industries, Inc. (NYSE: TRN) is 7.78% higher on its value in year-to-date trading and has touched a low of $20.04 and a high of $32.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TRN stock was last observed hovering at around $28.69 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $28.66, the stock is -3.10% and -4.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.48 million and changing -0.10% at the moment leaves the stock 8.72% off its SMA200. TRN registered 11.56% gain for a year compared to 6-month gain of 8.07%.
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The stock witnessed a -2.15% loss in the last 1 month and extending the period to 3 months gives it a 2.61%, and is -2.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.56% over the month.
Trinity Industries, Inc. (TRN) has around 9480 employees, a market worth around $2.35B and $3.15B in sales. Current P/E ratio is 19.10 and Fwd P/E is 13.52. Profit margin for the company is 3.98%. Distance from 52-week low is 43.01% and -10.44% from its 52-week high. The company has generated returns on investments over the last 12 months (1.78%).
The EPS is expected to grow by 9.78% this year
The shares outstanding are 81.80M, and float is at 80.60M with Short Float at 1.98%.
Trinity Industries, Inc. (TRN) Insider Activity
The most recent transaction is an insider sale by Marchetto Eric R, the company’s EVP & CFO. SEC filings show that Marchetto Eric R sold 8,816 shares of the company’s common stock on May 02 ’24 at a price of $30.00 per share for a total of $0.26 million. Following the sale, the insider now owns 0.22 million shares.
Trinity Industries, Inc. disclosed in a document filed with the SEC on Mar 27 ’24 that Marchetto Eric R (EVP & CFO) sold a total of 9,781 shares of the company’s common stock. The trade occurred on Mar 27 ’24 and was made at $28.00 per share for $0.27 million. Following the transaction, the insider now directly holds 0.23 million shares of the TRN stock.
Still, SEC filings show that on Mar 06 ’24, Poet Kevin (EVP Operations & Support Svcs) disposed off 6,000 shares at an average price of $25.45 for $0.15 million. The insider now directly holds 30,718 shares of Trinity Industries, Inc. (TRN).
