Trinity Industries, Inc (NYSE:TRN) shares, rose in value on Friday, February 14, with price down by -2.22% to the previous day’s close as strong demand from buyers drove the stock to $34.39.
Actively observing the price movement in the last trading, the stock closed the session at $35.17, falling within a range of $34.12 and $35.495. The value of beta (5-year monthly) was 1.389 whereas the PE ratio was 16.73 over 12-month period. Referring to stock’s 52-week performance, its high was $39.83, and the low was $23.67. On the whole, TRN has fluctuated by -8.68% over the past month.
With the market capitalization of Trinity Industries, Inc currently standing at about $2.83 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.14, with its dividend yield at 3.31%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.04B, with a low estimate of 570M and a high estimate of 608.61M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 589.3M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TRN’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0.99, with the price of TRN currently trading nearly -8.22% and -6.68% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.25, while the 7-day volatility ratio is showing 2.69% which for the 30-day chart, stands at 2.44%. Furthermore, Trinity Industries, Inc (TRN)’s beta value is 1.46, and its average true range (ATR) is 1.04.
A comparison of Trinity Industries, Inc (TRN) with its peers suggests the former has fared considerably weaker in the market. TRN showed an intraday change of -2.22% in last session, and over the past year, it grew by 33.50%%.
Data on historical trading for Trinity Industries, Inc (NYSE:TRN) indicates that the trading volumes over the past 10 days have averaged 0.44 and over the past 3 months, they’ve averaged 469.51K. According to company’s latest data on outstanding shares, there are 82.40 million shares outstanding.
Nearly 1.29% of Trinity Industries, Inc’s shares belong to company insiders and institutional investors own 87.75% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.96 million shares as on 2025-01-31, resulting in a short ratio of 4.11. According to the data, the short interest in Trinity Industries, Inc (TRN) stood at 403.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 2.21 million. The stock has fallen by -2.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TRN stock heading into the next quarter.