Many Trinity Industries, Inc.(TRN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Trinity Industries Inc was Initiated by Citigroup to Neutral on Dec 20, 2016. Company shares were Reiterated by Stifel on Nov 30, 2016 to Hold, Raises Price Target to $ 22 from a previous price target of $19 .
Company has reported several Insider transactions to the SEC, on Aug 11, 2016, Mary E Henderson (Vice President & CAO) sold 5,000 shares at 23.24 per share price.On Aug 10, 2016, William A Mcwhirter (Senior Vice President) sold 50,000 shares at 23.19 per share price.On Nov 3, 2015, D Stephen Menzies (Senior Vice President) sold 101,296 shares at 27.46 per share price.
Trinity Industries Inc Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.53. The company had revenue of $1111.70 million for the quarter, compared to analysts expectations of $1217.52 million. The companys revenue was down -27.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.31 EPS.
Trinity Industries, Inc. (NYSE:TRN) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.43 by 7 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.
Trinity Industries, Inc. (NYSE:TRN): The stock price is expected to reach $ 26.4 in the short term. The number of analysts agreeing with this consensus is 5. The higher estimate for the short term price target is at $32 while the lower estimate is at $23. The standard deviation of the price stands at $4.28.
Trinity Industries, Inc. (NYSE:TRN) witnessed a decline in the market cap on Tuesday as its shares dropped 0.14% or 0.04 points. After the session commenced at $28.07, the stock reached the higher end at $28.14 while it hit a low of $27.6. With the volume soaring to 590,444 shares, the last trade was called at $28.11. The company has a 52-week high of $29.4. The company has a market cap of $4,280 million and there are 152,256,730 shares in outstanding. The 52-week low of the share price is $14.94.
Trinity Industries, Inc. is engaged in the manufacture, marketing, and leasing of a wide variety of products consisting of the following business segments or groups: Railcar Group, Inland Barge Group, Parts and Services Group, Highway Construction Product Group, Concrete & Aggregate Group, Industrial Group, and others. Others includes transportation services, the companys captive insurance company, and other peripheral businesses.