Shares of Trinity Industries Inc (NYSE:TRN) have been given a consensus recommendation of “Hold” by the twelve analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $25.78.

A number of research analysts recently issued reports on TRN shares. Buckingham Research cut their price target on Trinity Industries from $22.00 to $20.00 and set a “neutral” rating for the company in a report on Friday. ValuEngine raised Trinity Industries from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.

Shares of NYSE TRN traded down $0.25 during midday trading on Friday, reaching $18.05. 892,269 shares of the company traded hands, compared to its average volume of 1,589,100. The firm has a market cap of $2.38 billion, a PE ratio of 22.56, a PEG ratio of 1.37 and a beta of 1.99. The stock’s 50-day simple moving average is $18.38 and its 200-day simple moving average is $19.83. Trinity Industries has a 12 month low of $16.03 and a 12 month high of $36.74. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.84 and a current ratio of 1.91.

Trinity Industries (NYSE:TRN) last issued its quarterly earnings data on Wednesday, July 24th. The transportation company reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.02). The company had revenue of $736.00 million for the quarter, compared to the consensus estimate of $796.00 million. Trinity Industries had a net margin of 4.06% and a return on equity of 5.40%. The firm’s revenue was up 16.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 earnings per share. On average, equities research analysts expect that Trinity Industries will post 1.34 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a $0.17 dividend. The ex-dividend date is Friday, October 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.77%. Trinity Industries’s dividend payout ratio is 85.00%.

In other news, Director Brandon B. Boze acquired 108,796 shares of the company’s stock in a transaction on Wednesday, July 31st. The stock was purchased at an average cost of $19.84 per share, with a total value of $2,158,512.64. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Brandon B. Boze acquired 250,000 shares of the company’s stock in a transaction on Monday, July 29th. The shares were purchased at an average cost of $18.81 per share, with a total value of $4,702,500.00. The disclosure for this purchase can be found here. Insiders own 18.50% of the company’s stock.

Large investors have recently made changes to their positions in the business. FTB Advisors Inc. bought a new stake in Trinity Industries during the 2nd quarter worth about $42,000. Point72 Hong Kong Ltd acquired a new position in shares of Trinity Industries during the 2nd quarter worth about $119,000. Holocene Advisors LP acquired a new position in shares of Trinity Industries during the 2nd quarter worth about $204,000. Cutter & CO Brokerage Inc. acquired a new position in shares of Trinity Industries during the 2nd quarter worth about $212,000. Finally, Janney Capital Management LLC grew its position in shares of Trinity Industries by 9.9% during the 2nd quarter. Janney Capital Management LLC now owns 10,896 shares of the transportation company’s stock worth $226,000 after buying an additional 982 shares during the period. 86.46% of the stock is owned by hedge funds and other institutional investors.

Trinity Industries Company Profile

Trinity Industries, Inc provides rail transportation products and services in North America. It operates through three segments: Railcar Leasing and Management Services Group, Rail Products Group, and All Other. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investor-owned fund; and provides fleet maintenance and management services to industrial shippers.

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Analyst Recommendations for Trinity Industries (NYSE:TRN)

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