Trinity Industries (NYSE:TRN) Downgraded to Hold Rating by Wall Street Zen

Trinity Industries (NYSE:TRNGet Free Report) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

A number of other analysts also recently issued reports on TRN. The Goldman Sachs Group restated a “neutral” rating and set a $36.00 price objective on shares of Trinity Industries in a report on Thursday, April 30th. Susquehanna raised their price objective on shares of Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Finally, Weiss Ratings upgraded shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $35.50.

Check Out Our Latest Analysis on TRN

Trinity Industries Stock Performance

Shares of TRN stock opened at $34.77 on Friday. Trinity Industries has a one year low of $22.38 and a one year high of $37.36. The firm has a 50-day moving average of $33.42 and a 200-day moving average of $31.00. The company has a debt-to-equity ratio of 4.70, a current ratio of 1.87 and a quick ratio of 0.94. The company has a market cap of $2.76 billion, a P/E ratio of 11.14 and a beta of 1.37.

Trinity Industries (NYSE:TRNGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. Trinity Industries had a net margin of 12.37% and a return on equity of 21.86%. The business had revenue of $492.00 million during the quarter, compared to the consensus estimate of $538.87 million. During the same quarter last year, the company posted $0.29 earnings per share. The firm’s quarterly revenue was down 16.0% compared to the same quarter last year. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. Equities research analysts forecast that Trinity Industries will post 2.3 EPS for the current fiscal year.

Hedge Funds Weigh In On Trinity Industries

Large investors have recently modified their holdings of the business. Strs Ohio purchased a new position in shares of Trinity Industries in the first quarter worth about $25,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Trinity Industries by 94.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 494 shares during the period. Whittier Trust Co. boosted its position in shares of Trinity Industries by 880.7% in the first quarter. Whittier Trust Co. now owns 863 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 775 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Trinity Industries by 117.4% in the third quarter. Hantz Financial Services Inc. now owns 1,287 shares of the transportation company’s stock valued at $36,000 after acquiring an additional 695 shares during the period. Finally, Smartleaf Asset Management LLC boosted its position in shares of Trinity Industries by 24.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 298 shares during the period. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Trinity Industries Company Profile

(Get Free Report)

Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.

In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.

Further Reading

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