Stock Rating Upgrade
In recent days the Value Trend Rating for Trinity Industries Inc (NYSE: TRN) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 5/20/24, Trinity Industries Inc (NYSE: TRN) stock declined slightly by -0.9%, closing at $30.75. However, this decline was accompanied by unusually low trading volume at 66% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.6% during the last week.
Current PriceTarget Research Rating
TRN is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Trinity Industries has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Trinity Industries has a neutral Appreciation Score of 55 but a good Power Rating of 70, producing the Positive Value Trend Rating.
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