Wall Street brokerages expect Triton International Ltd (NYSE:TRTN) to post earnings per share of $1.14 for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Triton International’s earnings. Triton International reported earnings of $1.25 per share in the same quarter last year, which would indicate a negative year over year growth rate of 8.8%. The firm is expected to report its next quarterly earnings report before the market opens on Friday, February 14th.

According to Zacks, analysts expect that Triton International will report full year earnings of $4.60 per share for the current financial year. For the next financial year, analysts anticipate that the company will post earnings of $4.65 per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Triton International.

A number of analysts recently weighed in on the stock. ValuEngine cut shares of Triton International from a “hold” rating to a “sell” rating in a report on Tuesday, February 4th. Compass Point cut shares of Triton International from a “buy” rating to a “neutral” rating and set a $38.00 price objective on the stock. in a report on Friday, October 25th. Cowen dropped their price objective on shares of Triton International from $47.00 to $46.00 and set an “outperform” rating on the stock in a report on Monday, October 28th. TheStreet raised shares of Triton International from a “c” rating to a “b-” rating in a report on Thursday, October 24th. Finally, Zacks Investment Research cut shares of Triton International from a “hold” rating to a “sell” rating and set a $39.00 price objective on the stock. in a report on Monday, October 28th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. Triton International presently has an average rating of “Hold” and an average price target of $41.25.

Shares of TRTN stock traded up $0.67 during trading hours on Friday, reaching $39.43. The stock had a trading volume of 362,600 shares, compared to its average volume of 225,221. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.64 and a quick ratio of 1.64. Triton International has a twelve month low of $29.50 and a twelve month high of $40.81. The firm has a 50-day simple moving average of $38.97 and a 200-day simple moving average of $36.05. The firm has a market capitalization of $2.72 billion, a PE ratio of 9.11, a price-to-earnings-growth ratio of 0.81 and a beta of 2.30.

Several hedge funds have recently added to or reduced their stakes in TRTN. McIlrath & Eck LLC increased its holdings in shares of Triton International by 111.1% in the 3rd quarter. McIlrath & Eck LLC now owns 760 shares of the company’s stock worth $26,000 after acquiring an additional 400 shares during the period. Point72 Hong Kong Ltd acquired a new position in Triton International during the 4th quarter valued at about $30,000. Allred Capital Management LLC acquired a new position in Triton International during the 4th quarter valued at about $32,000. DekaBank Deutsche Girozentrale acquired a new position in Triton International during the 4th quarter valued at about $58,000. Finally, Coastal Investment Advisors Inc. acquired a new position in Triton International during the 3rd quarter valued at about $104,000. 61.44% of the stock is currently owned by institutional investors and hedge funds.

About Triton International

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry, refrigerated, special, and tank containers; and chassis used for the transportation of intermodal containers, as well as provides container management services.

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