Trinity Industries, Inc (NYSE: TRN) is 34.75% higher on its value in year-to-date trading and has touched a low of $23.40 and a high of $39.00 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 $35.17 in the last trading session, with the day’s gains setting it 0.66%.
Currently trading at $35.83, the stock is -3.24% and -1.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 1.88% at the moment leaves the stock 11.87% off its SMA200. TRN registered 35.98% gain for a year compared to 6-month gain of 20.72%. The firm has a 50-day simple moving average (SMA 50) of $36.4814 and a 200-day simple moving average (SMA200) of $31.98055.
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The stock witnessed a -4.58% loss in the last 1 month and extending the period to 3 months gives it a 5.23%, and is -2.32% 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 3.74% over the week and 2.68% over the month.
Trinity Industries, Inc (TRN) has around 9480 employees, a market worth around $3.00B and $3.25B in sales. Current P/E ratio is 17.43 and Fwd P/E is 22.39. Profit margin for the company is 5.31%. Distance from 52-week low is 53.12% and -8.13% from its 52-week high. The company has generated returns on investments over the last 12 months (2.51%).
The EPS is expected to grow by 26.81% this year.
Trinity Industries, Inc (TRN) Top Institutional Holders
406.0 institutions hold shares in Trinity Industries, Inc (TRN), with institutional investors hold 89.04% of the company’s shares. The shares outstanding are 82.40M, and float is at 81.07M with Short Float at 3.55%. Institutions hold 88.09% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 13.39 million shares valued at $400.67 million. The investor’s holdings represent 16.4112% of the TRN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.65 million shares valued at $288.8 million to account for 11.829 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 7.22 million shares representing 8.8513% and valued at over $215.94 million, while DIMENSIONAL FUND ADVISORS LP holds 7.119 of the shares totaling 5.81 million with a market value of $173.81 million.
Trinity Industries, Inc (TRN) Insider Activity
The most recent transaction is an insider sale by Mitchell Gregory B, the company’s EVP Leasing and Services. SEC filings show that Mitchell Gregory B sold 20,510 shares of the company’s common stock on Nov 15 ’24 at a price of $37.15 per share for a total of $0.76 million. Following the sale, the insider now owns 0.12 million shares.
Still, SEC filings show that on May 02 ’24, Marchetto Eric R (EVP & CFO) disposed off 8,816 shares at an average price of $30.00 for $0.26 million. The insider now directly holds 224,888 shares of Trinity Industries, Inc (TRN).
