Triton International (TRTN) Set to Announce Earnings on Thursday

Triton International (NYSE:TRTN) is scheduled to be releasing its earnings data after the market closes on Thursday, February 22nd. Analysts expect Triton International to post earnings of $0.80 per share for the quarter.

Triton International (NYSE:TRTN) opened at $33.07 on Thursday. The company has a market capitalization of $2,520.00 and a price-to-earnings ratio of 70.36. Triton International has a fifty-two week low of $21.77 and a fifty-two week high of $43.85. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 3.34.

A number of research analysts have recently issued reports on the company. Cowen lifted their price target on Triton International from $46.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, November 10th. SunTrust Banks lifted their price target on Triton International from $40.00 to $50.00 and gave the company a “buy” rating in a report on Monday, November 13th. They noted that the move was a valuation call. BidaskClub upgraded Triton International from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 7th. Wells Fargo & Co lifted their price target on Triton International from $42.00 to $45.00 and gave the company an “outperform” rating in a report on Tuesday, November 14th. Finally, Zacks Investment Research upgraded Triton International from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a report on Tuesday, November 14th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Triton International presently has an average rating of “Buy” and a consensus target price of $44.00.

In other news, Director Claude Germain sold 1,500 shares of Triton International stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $38.18, for a total value of $57,270.00. Following the transaction, the director now directly owns 30,080 shares in the company, valued at approximately $1,148,454.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kenneth Hanau sold 10,000 shares of Triton International stock in a transaction on Friday, November 17th. The shares were sold at an average price of $40.31, for a total value of $403,100.00. Following the completion of the transaction, the director now owns 31,580 shares in the company, valued at $1,272,989.80. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

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About Triton International

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various intermodal containers and chassis to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry freight containers, refrigerated containers, special containers, tank containers, and chassis, as well as manages containers owned by third parties.

Earnings History for Triton International (NYSE:TRTN)

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