Trainline (LON:TRN) Sets New 1-Year Low – What’s Next?

Trainline Plc (LON:TRN) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 198.40 and last traded at GBX 204.40, with a volume of 724125 shares trading hands. The stock had previously closed at GBX 202.20.

Analyst Ratings Changes

Several brokerages recently weighed in on TRN. JPMorgan Chase & Co. cut their price objective on shares of Trainline from GBX 230 to GBX 215 and set an “underweight” rating on the stock in a report on Monday, January 12th. Shore Capital Group reissued a “buy” rating on shares of Trainline in a research note on Wednesday, November 5th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 421 price objective on shares of Trainline in a research note on Thursday, November 6th. Berenberg Bank upped their price objective on Trainline from GBX 490 to GBX 500 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Peel Hunt restated a “buy” rating and set a GBX 460 target price on shares of Trainline in a report on Thursday, November 13th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Trainline has an average rating of “Moderate Buy” and a consensus price target of GBX 412.20.

Trainline Price Performance

The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07. The company has a fifty day moving average price of GBX 215.04 and a two-hundred day moving average price of GBX 248.86. The firm has a market cap of £784.56 million, a P/E ratio of 12.33 and a beta of 1.64.

Trainline (LON:TRN) last announced its earnings results on Wednesday, November 5th. The company reported GBX 12.58 EPS for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. Equities analysts anticipate that Trainline Plc will post 16.8458781 earnings per share for the current year.

Trainline Company Profile

Trainline’s ambition is to bring together rail, coach and other travel services into one simple mobile experience so travellers can easily find the best prices for their journey and access smart, real-time travel information on the go. By making rail and coach travel easier, our aim is to encourage people all over the world to make more environmentally sustainable travel choices.

As most rail and coach tickets continue to be sold offline at the station, and as customers and governments commit to more environmentally friendly modes of travel, we see significant growth opportunities for Trainline over the long term.