Trinity Industries Stock Today
| TRN Stock | USD 26.76 0.33 1.25% |
Performance3 of 100
| Odds Of DistressLess than 9
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Trinity Industries is selling at 26.76 as of the 24th of April 2024; that is 1.25 percent increase since the beginning of the trading day. The stock's open price was 26.43. Trinity Industries has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Trinity Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 30th of December 1987 | Category Industrials |
Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas. Trinity Industries operates under Railroads classification in the United States and is traded on New York Stock Exchange. The company has 81.86 M outstanding shares of which 1.74 M shares are at this time shorted by investors with about 3.21 days to cover. More on Trinity Industries
Moving together with Trinity Stock
| 0.69 | FIP | FTAI Infrastructure Earnings Call This Week | PairCorr |
Moving against Trinity Stock
| 0.53 | CYD | China Yuchai Interna | PairCorr |
| 0.45 | FBYDW | Falcons Beyond Global | PairCorr |
Trinity Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Trinity Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Trinity Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Jean Savage | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Shipbuilding Railroad Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Torrens Mining Limited | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Construction Machinery & Heavy Transportation Equipment, Capital Goods, Industrials, NYSE Composite, WSE WIG INDEX, SP Small-Cap 600, Shipbuilding Railroad Equipment, Industrials, Machinery, Railroads, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Trinity Industries report their recommendations after researching Trinity Industries' financial statements, talking to executives and customers, or listening in on Trinity Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Trinity Industries. The Trinity consensus assessment is calculated by taking the average forecast from all of the analysts covering Trinity Industries. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Trinity Industries' liquidity, profitability, solvency, and operating efficiency, Trinity Industries is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Trinity Industries is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Trinity Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Trinity Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Trinity Industries' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Trinity Industries' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Trinity Industries' financial leverage. It provides some insight into what part of Trinity Industries' total assets is financed by creditors.
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Trinity Industries (TRN) is traded on New York Stock Exchange in USA. It is located in 14221 North Dallas Parkway, Dallas, TX, United States, 75254-2957 and employs 9,480 people. Trinity Industries is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trinity Industries's market, we take the total number of its shares issued and multiply it by Trinity Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Trinity Industries runs under Machinery sector within Industrials industry. The entity has 81.86 M outstanding shares of which 1.74 M shares are at this time shorted by investors with about 3.21 days to cover.
Trinity Industries has about 79.6 M in cash with 295.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.72.
Check Trinity Industries Probability Of Bankruptcy
Ownership AllocationTrinity Industries maintains a total of 81.86 Million outstanding shares. The majority of Trinity Industries outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Trinity Industries to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Trinity Industries. Please pay attention to any change in the institutional holdings of Trinity Industries as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Trinity Ownership Details
Trinity Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Trinity Industries jumping above the current price in 90 days from now is about 18.49%. The Trinity Industries probability density function shows the probability of Trinity Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5392. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Trinity Industries will likely underperform. Additionally, trinity Industries has an alpha of 0.0567, implying that it can generate a 0.0567 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Trinity Industries to move above the current price in 90 days from now is about 18.49 (This Trinity Industries probability density function shows the probability of Trinity Stock to fall within a particular range of prices over 90 days) .
Trinity Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Trinity Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Trinity Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Trinity Industries' value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 942.7 K | |
| Northern Trust Corp | 2023-12-31 | 900.3 K | |
| Bb&t Corp. | 2023-12-31 | 820.2 K | |
| Gabelli Funds Llc | 2023-12-31 | 624.5 K | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 565.8 K | |
| Tctc Holdings, Llc | 2023-12-31 | 532.6 K | |
| Raymond James & Associates | 2023-12-31 | 479.4 K | |
| Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 453.7 K | |
| Principal Financial Group Inc | 2023-12-31 | 426.4 K | |
| Blackrock Inc | 2023-12-31 | 14 M | |
| Vanguard Group Inc | 2023-12-31 | 9.7 M |
Trinity Industries Historical Income Statement
Trinity Industries Income Statement is one of the three primary financial statements used for reporting Trinity's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Trinity Industries revenue and expense. Trinity Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Trinity Industries' Selling General Administrative is very stable compared to the past year. As of the 24th of April 2024, Net Income From Continuing Ops is likely to grow to about 223.2 M, while Depreciation And Amortization is likely to drop about 147.2 M. View More FundamentalsTrinity Stock Against Markets
Picking the right benchmark for Trinity Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Trinity Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Trinity Industries is critical whether you are bullish or bearish towards Trinity Industries at a given time. Please also check how Trinity Industries' historical prices are related to one of the top price index indicators.
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Trinity Industries Corporate Directors
Trinity Industries corporate directors refer to members of a Trinity Industries board of directors. The board of directors generally takes responsibility for the Trinity Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Trinity Industries' board members must vote for the resolution. The Trinity Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Douglas Rock | Independent Director | Profile | |
| William Ainsworth | Independent Director | Profile | |
| David Biegler | Independent Director | Profile | |
| Dunia Shive | Independent Director | Profile |
How to buy Trinity Stock?
Before investing in Trinity Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Trinity Industries. To buy Trinity Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Trinity Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Trinity Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Trinity Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Trinity Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Trinity Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Trinity Stock please use our How to Invest in Trinity Industries guide.
Already Invested in Trinity Industries?
The danger of trading Trinity Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Trinity Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Trinity Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Trinity Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Trinity Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trinity Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Trinity Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trinity Industries Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinity Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Industries guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Trinity Stock analysis
When running Trinity Industries' price analysis, check to measure Trinity Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trinity Industries is operating at the current time. Most of Trinity Industries' value examination focuses on studying past and present price action to predict the probability of Trinity Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinity Industries' price. Additionally, you may evaluate how the addition of Trinity Industries to your portfolios can decrease your overall portfolio volatility.
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Is Trinity Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trinity Industries. If investors know Trinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trinity Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.985 | Dividend Share 1.06 | Earnings Share 1.43 | Revenue Per Share 36.74 | Quarterly Revenue Growth 0.35 |
The market value of Trinity Industries is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Industries' value that differs from its market value or its book value, called intrinsic value, which is Trinity Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trinity Industries' market value can be influenced by many factors that don't directly affect Trinity Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trinity Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.