$0.32 EPS Expected for Trinity Industries Inc (TRN)

October 12, 2017 - By Clifton Ray


Investors sentiment decreased to 0.9 in 2017 Q2. Its down 0.07, from 0.97 in 2017Q1. It is negative, as 39 investors sold Trinity Industries Inc shares while 115 reduced holdings. 46 funds opened positions while 92 raised stakes. 120.64 million shares or 0.23% less from 120.92 million shares in 2017Q1 were reported.
Hanseatic Mgmt Serv Inc accumulated 966 shares or 0.01% of the stock. The Texas-based Wfg Advisors Ltd Partnership has invested 0% in Trinity Industries Inc (NYSE:TRN). Howe Rusling reported 0.09% stake. Janney Montgomery Scott Ltd reported 15,037 shares stake. Commonwealth Of Pennsylvania School Empls Retrmt has 0.01% invested in Trinity Industries Inc (NYSE:TRN). Bridges owns 8,000 shares. Cambridge Inv Rech Advsrs Inc owns 23,751 shares or 0.01% of their US portfolio. Bokf Na has 57,024 shares. Ubs Asset Mngmt Americas owns 131,929 shares for 0% of their portfolio. Camarda Fincl Advsrs Ltd Liability Company holds 0.01% or 512 shares. Quantitative Mngmt Ltd Liability Com invested in 123,100 shares or 0.05% of the stock. Dimensional Fund Advsr L P, Texas-based fund reported 4.86 million shares. Retirement Systems Of Alabama has 0.05% invested in Trinity Industries Inc (NYSE:TRN). Amer Asset Management Inc stated it has 9,397 shares or 0.15% of all its holdings. Pacad Inv Ltd holds 0.03% or 7,100 shares.

Since June 5, 2017, it had 0 buys, and 1 insider sale for $724,344 activity.

Wall Street await Trinity Industries Inc (NYSE:TRN) to release earnings on October, 25. Analysts forecast EPS of $0.32, down exactly $0.23 or 41.82 % from 2014’s $0.55 EPS. The expected TRN’s profit could reach $48.42 million giving the stock 27.05 P/E in the case that $0.32 earnings per share is reported. After posting $0.33 EPS for the previous quarter, Trinity Industries Inc’s analysts now forecast -3.03 % negative EPS growth. It closed at $34.63 lastly. It is down 58.76% since October 12, 2016 and is uptrending. It has outperformed by 42.06% the S&P500.

Trinity Industries Inc (NYSE:TRN) Ratings Coverage

Among 12 analysts covering Trinity Industries (NYSE:TRN), 7 have Buy rating, 3 Sell and 2 Hold. Therefore 58% are positive. Trinity Industries has $42.0 highest and $10 lowest target. $30.88’s average target is -10.83% below currents $34.63 stock price. Trinity Industries had 29 analyst reports since September 4, 2015 according to SRatingsIntel. The stock of Trinity Industries Inc (NYSE:TRN) has “Buy” rating given on Monday, September 4 by Stifel Nicolaus. The rating was initiated by CLSA with “Underperform” on Friday, September 30. The firm earned “Buy” rating on Thursday, July 27 by Stifel Nicolaus. The firm has “Hold” rating given on Tuesday, April 19 by Stifel Nicolaus. As per Monday, February 22, the company rating was maintained by Cowen & Co. The stock of Trinity Industries Inc (NYSE:TRN) earned “Underweight” rating by BB&T Capital on Friday, February 19. The firm earned “Outperform” rating on Friday, February 12 by Cowen & Co. Stifel Nicolaus maintained it with “Hold” rating and $22 target in Wednesday, November 30 report. The company was initiated on Monday, December 14 by Cowen & Co. The firm has “Sell” rating by Axiom Capital given on Thursday, February 18.

Trinity Industries, Inc. is a diversified industrial firm that owns businesses providing services and products to the energy, chemical, agriculture, transportation and construction sectors. The company has market cap of $5.24 billion. The Company’s services and products include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; construction aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products. It has a 21.37 P/E ratio. The Company’s divisions include the Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other.

More notable recent Trinity Industries Inc (NYSE:TRN) news were published by: Bloomberg.com which released: “Trinity Wins Reversal of $663 Million Guardrail Judgment” on September 30, 2017, also Nasdaq.com with their article: “Trinity Industries, Inc. (TRN) Ex-Dividend Date Scheduled for October 12, 2017” published on October 11, 2017, Seekingalpha.com published: “Trinity Soars After-Hours: Vindication At Last” on October 02, 2017. More interesting news about Trinity Industries Inc (NYSE:TRN) were released by: Dallasnews.com and their article: “Dallas-based Trinity Industries wins appeal of massive $600 million guardrail …” published on September 29, 2017 as well as Businesswire.com‘s news article titled: “Trinity Industries, Inc. Announces its Subsidiary Acts as Advisor and Arranger …” with publication date: October 04, 2017.

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