Research Analysts’ Weekly Ratings Changes for Trinity Industries (TRN)

Several analysts have recently updated their ratings and price targets for Trinity Industries (NYSE: TRN):

  • 2/10/2018 – Trinity Industries was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $37.00 price target on the stock. According to Zacks, “Trinity Industries, Inc., is a diversified industrial company that owns complementary market-leading businesses providing products and services to the energy, chemical, agriculture, transportation, and construction sectors, among others. The company, Trinity Industries, Inc., operates in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the Energy Equipment Group. Trinity is engaged in the manufacture, marketing, and leasing of a wide variety of products. Trinity Industries, Inc., is traded on the New York Stock Exchange under the symbol TRN. The company is headquartered is Dallas, Texas. “
  • 2/9/2018 – Trinity Industries was given a new $40.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 2/8/2018 – Trinity Industries was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/3/2018 – Trinity Industries was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $38.00 price target on the stock. According to Zacks, “Trinity Industries, Inc., is a diversified industrial company that owns complementary market-leading businesses providing products and services to the energy, chemical, agriculture, transportation, and construction sectors, among others. The company, Trinity Industries, Inc., operates in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the Energy Equipment Group. Trinity is engaged in the manufacture, marketing, and leasing of a wide variety of products. Trinity Industries, Inc., is traded on the New York Stock Exchange under the symbol TRN. The company is headquartered is Dallas, Texas. “
  • 2/2/2018 – Trinity Industries was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Trinity Industries, Inc., is a diversified industrial company that owns complementary market-leading businesses providing products and services to the energy, chemical, agriculture, transportation, and construction sectors, among others. The company, Trinity Industries, Inc., operates in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the Energy Equipment Group. Trinity is engaged in the manufacture, marketing, and leasing of a wide variety of products. Trinity Industries, Inc., is traded on the New York Stock Exchange under the symbol TRN. The company is headquartered is Dallas, Texas. “
  • 1/4/2018 – Trinity Industries is now covered by analysts at Seaport Global Securities. They set a “neutral” rating on the stock.
  • 1/2/2018 – Trinity Industries was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $42.00 price target on the stock. According to Zacks, “Trinity Industries, Inc., is a diversified industrial company that owns complementary market-leading businesses providing products and services to the energy, chemical, agriculture, transportation, and construction sectors, among others. The company, Trinity Industries, Inc., operates in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the Energy Equipment Group. Trinity is engaged in the manufacture, marketing, and leasing of a wide variety of products. Trinity Industries, Inc., is traded on the New York Stock Exchange under the symbol TRN. The company is headquartered is Dallas, Texas. “
  • 12/31/2017 – Trinity Industries was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 12/22/2017 – Trinity Industries had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $43.00 price target on the stock.

Shares of Trinity Industries Inc (TRN) traded up $0.02 during trading hours on Tuesday, hitting $32.42. 76,602 shares of the company were exchanged, compared to its average volume of 1,136,288. The company has a current ratio of 3.70, a quick ratio of 2.62 and a debt-to-equity ratio of 0.75. Trinity Industries Inc has a twelve month low of $25.01 and a twelve month high of $38.25. The company has a market cap of $4,930.00, a P/E ratio of 21.61, a PEG ratio of 2.31 and a beta of 2.07.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, January 12th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date was Thursday, January 11th. Trinity Industries’s dividend payout ratio is presently 34.67%.

In other news, major shareholder Valueact Capital Master Fund, bought 425,000 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was purchased at an average price of $32.88 per share, for a total transaction of $13,974,000.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP William A. Mcwhirter sold 20,000 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $36.90, for a total transaction of $738,000.00. Following the completion of the transaction, the senior vice president now owns 191,339 shares of the company’s stock, valued at approximately $7,060,409.10. The disclosure for this sale can be found here. 2.00% of the stock is owned by corporate insiders.

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.

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