Trinity Industries, Inc (NYSE: TRN) is -10.66% lower on its value in year-to-date trading and has touched a low of $23.67 and a high of $39.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TRN stock was last observed hovering at around $34.21 in the last trading session, with the day’s loss setting it -2.85%.
Currently trading at $31.36, the stock is -14.61% and -14.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -8.33% at the moment leaves the stock -7.22% off its SMA200. TRN registered 18.16% gain for a year compared to 6-month gain of -4.04%.
The stock witnessed a -18.57% loss in the last 1 month and extending the period to 3 months gives it a -15.74%, and is -11.61% 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 4.13% over the week and 2.84% over the month.
Trinity Industries, Inc (TRN) has around 9480 employees, a market worth around $2.58B and $3.08B in sales. Current P/E ratio is 19.05. Profit margin for the company is 4.49%. Distance from 52-week low is 32.47% and -21.27% from its 52-week high. The company has generated returns on investments over the last 12 months (2.05%).
with sales reaching $676.87M over the same period., but quarterly earnings will post -11.28% year-over-year. Quarterly sales are estimated to shrink -16.39% in year-over-year returns.
The shares outstanding are 82.16M, and float is at 81.09M with Short Float at 2.42%.
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 8.7653 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).
