Trinity Industries Inc (NYSE: TRN) has reported E.P.S. of $0.30 for its third fiscal quarter (ending September 30) versus $0.36 for the same period a year ago — a decline of -17%. Relative to the consensus estimate of $0.28, this was a premium of $0.02. For the latest four quarters through September 30, E.P.S. were $1.10 compared to $0.75 a year ago — an increase of 47%.
Recent Price Action
On 11/2/23, Trinity Industries Inc (NYSE: TRN) stock enjoyed a very large increase of 9.9%, closing at $22.75. The stock has performed in line with the market over the last nine months and has risen 13.1% during the last week.
Current PriceTarget Research Rating
TRN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Trinity Industries has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Trinity Industries has a neutral Appreciation Score of 49 and a neutral Power Rating of 42, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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