Trinity Industries, Inc. (NYSE: TRN) on Tuesday, soared 0.24% from the previous trading day, before settling in for the closing price of $29.23. Within the past 52 weeks, TRN’s price has moved between $20.04 and $32.00.
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Annual sales at Industrials sector company grew by 9.19% over the past five years. The company achieved an average annual earnings per share of 10.63%. With a float of $80.60 million, this company’s outstanding shares have now reached $81.80 million.
Let’s look at the performance matrix of the company that is accounted for 9480 employees.
Trinity Industries, Inc. (TRN) Insider Updates
Observing investor behavior towards Railroads industry stocks is more important than anything else. The insider ownership of Trinity Industries, Inc. is 1.51%, while institutional ownership is 83.92%. The most recent insider transaction that took place on May 02 ’24, was worth 264,480. In this transaction EVP & CFO of this company sold 8,816 shares at a rate of $30.00, taking the stock ownership to the 224,888 shares. Before that another transaction happened on Mar 27 ’24, when Company’s EVP & CFO sold 9,781 for $28.00, making the entire transaction worth $273,868. This insider now owns 233,704 shares in total.
Trinity Industries, Inc. (TRN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 10.63% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to 3.52% growth over the previous five years of trading.
Trinity Industries, Inc. (NYSE: TRN) Trading Performance Indicators
Trinity Industries, Inc. (TRN) is currently performing well based on its current performance indicators. A quick ratio of 1.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.50, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 2.13 in one year’s time.
Technical Analysis of Trinity Industries, Inc. (TRN)
Trinity Industries, Inc. (NYSE: TRN) saw its 5-day average volume 1.24 million, a positive change from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 22.44%. Additionally, its Average True Range was 0.78.
During the past 100 days, Trinity Industries, Inc.’s (TRN) raw stochastic average was set at 67.58%, which indicates a significant increase from 45.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.93% in the past 14 days, which was higher than the 34.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.77, while its 200-day Moving Average is $26.27. Nevertheless, the first resistance level for the watch stands at $29.59 in the near term. At $29.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $30.12. If the price goes on to break the first support level at $29.06, it is likely to go to the next support level at $28.83. Assuming the price breaks the second support level, the third support level stands at $28.53.
Trinity Industries, Inc. (NYSE: TRN) Key Stats
Market capitalization of the company is 2.40 billion based on 81,836K outstanding shares. Right now, sales total 2,983 M and income totals 106,000 K. The company made 809,600 K in profit during its latest quarter, and 23,700 K in sales during its previous quarter.
