Trinity Industries, Inc (NYSE:TRN) currently has a daily average trading volume of 600.84K but it saw 389152 shares traded in last market. With a market cap of 2.37B USD, the company’s current market price of $29.03 came rising about 0.31 while comparing to the previous closing price of $28.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.83 and as low as $23.01. In the recent trading on the day, stock has struck highest price mark of $28.77 while lowest mark touched by it was $29.2911.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which initiated the stock as “Neutral” in its note to investors issued on November 18, 2024, recommending a price target of $39 for it. Susquehanna downgraded its recommendation for the stock as a “Neutral” from “Positive” on October 21, 2024 while assigning a price target range of $34-$35. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $30 and $33.
Over the week, TRN’s stock price is moving 6.89% up while it is 12.30% when we observe its performance for the past one month. Year-to-date it is -0.68% down and over the past year, the stock is showing a downside performance of -17.29%.
Currently, Trinity Industries, Inc’s total number of outstanding shares is 81.50M with 1.22% of that held by the insiders while 87.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.05% and return on equity (ROE) at 14.15%. It has a price to earnings ratio (P/E ratio) of 17.85 while having a 17.08 of forward P/E ratio. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 2.25 while price to sale or P/S ratio amounts to 0.83. Its return on asset (ROA) is 1.68% on average.
