Shares of Trinity Industries, Inc. (NYSE:TRN) have been assigned an average rating of “Buy” from the thirteen analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $38.00.

Several research analysts have commented on TRN shares. UBS upgraded shares of Trinity Industries from a “neutral” rating to a “positive” rating in a report on Monday, November 6th. ValuEngine upgraded shares of Trinity Industries from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research cut shares of Trinity Industries from a “buy” rating to a “hold” rating in a report on Friday, September 29th. Cowen reiterated a “buy” rating and set a $31.00 price target on shares of Trinity Industries in a report on Sunday, October 1st. Finally, Susquehanna Bancshares upgraded shares of Trinity Industries from a “neutral” rating to a “positive” rating in a report on Monday, November 6th.

In related news, major shareholder Valueact Capital Master Fund, bought 54,055 shares of the stock in a transaction dated Friday, September 8th. The stock was acquired at an average price of $28.46 per share, for a total transaction of $1,538,405.30. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Holdings L.P. Valueact bought 125,000 shares of the stock in a transaction dated Monday, November 13th. The stock was bought at an average price of $32.89 per share, with a total value of $4,111,250.00. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 1,776,292 shares of company stock valued at $56,703,274. Company insiders own 2.00% of the company’s stock.

Several institutional investors have recently modified their holdings of TRN. First Mercantile Trust Co. boosted its holdings in shares of Trinity Industries by 10.9% in the 2nd quarter. First Mercantile Trust Co. now owns 5,800 shares of the transportation company’s stock valued at $163,000 after buying an additional 570 shares in the last quarter. Pacad Investment Ltd. boosted its holdings in shares of Trinity Industries by 36.5% in the 2nd quarter. Pacad Investment Ltd. now owns 7,100 shares of the transportation company’s stock valued at $199,000 after buying an additional 1,900 shares in the last quarter. Dearborn Partners LLC acquired a new position in shares of Trinity Industries in the 2nd quarter valued at $209,000. Sippican Capital Advisors purchased a new stake in Trinity Industries in the 3rd quarter valued at $211,000. Finally, Griffin Asset Management Inc. purchased a new stake in Trinity Industries in the 3rd quarter valued at $213,000. Institutional investors and hedge funds own 82.46% of the company’s stock.

Shares of Trinity Industries (TRN) traded up $0.41 on Thursday, reaching $36.01. 2,021,158 shares of the company traded hands, compared to its average volume of 1,282,219. Trinity Industries has a 1 year low of $25.01 and a 1 year high of $36.55. The stock has a market cap of $5,474.83, a P/E ratio of 24.05, a P/E/G ratio of 2.42 and a beta of 2.26. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.62 and a current ratio of 3.70.

Trinity Industries (NYSE:TRN) last posted its quarterly earnings results on Wednesday, October 25th. The transportation company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.32 by $0.11. Trinity Industries had a net margin of 5.97% and a return on equity of 5.32%. The company had revenue of $973.60 million during the quarter, compared to analysts’ expectations of $951.60 million. During the same quarter in the previous year, the business posted $0.55 EPS. The firm’s revenue was down 12.4% on a year-over-year basis. research analysts predict that Trinity Industries will post 1.49 earnings per share for the current year.

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Trinity Industries Company Profile

Trinity Industries, Inc is a diversified industrial company that owns businesses providing products and services to the energy, chemical, agriculture, transportation and construction sectors. The Company’s products and services include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; construction aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products.

Analyst Recommendations for Trinity Industries (NYSE:TRN)

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