Wall Street Positive on Trinity Industries Inc, Analysts Give Stock an Average Buy Rating

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Wall Street analysts have an overall positive outlook on Trinity Industries ($NYSE:TRN) Inc stock. Trinity Industries Inc is a diversified industrial company based in Dallas, Texas. It is a leading provider of railcars, barges, inland and offshore marine vessels, highway products, and construction aggregate products. Trinity Industries also provides innovative track and inspection solutions to the railroad industry.

The company’s products are used in transportation, energy, construction, and other industries. It has a strong presence in the Americas, Europe, and Asia.

Market Price

On Thursday, the stock opened at $23.5 and closed at $23.1, a 2.0% drop from its previous closing price of $23.6. Despite this fall, Wall Street remains bullish on the stock and are expecting it to rebound soon. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Trinity Industries. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Trinity Industries. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Trinity Industries. More…

Key Ratios Snapshot

Some of the financial key ratios for Trinity Industries are shown below. More…

Analysis

At GoodWhale, we recently conducted an analysis of TRINITY INDUSTRIES for our clients. According to our Risk Rating, TRINITY INDUSTRIES is a medium risk investment in terms of financial and business aspects. While there are some positive indicators in the company’s performance, we have detected three risk warnings in its income sheet, balance sheet, and cashflow statement. If you would like more information on our analysis of TRINITY INDUSTRIES, please register with us and we’ll be happy to provide it to you. More…

Peers

Trinity Industries Inc, a leading provider of transportation products and services, competes with FreightCar America Inc, Seaco Ltd, and GATX Corp. All four companies provide a variety of transportation products and services including railcars, barges, and ships. Trinity Industries Inc has a long history dating back to its founding in 1933. The company has a strong reputation for quality products and services.

– FreightCar America Inc ($NASDAQ:RAIL)

FreightCar America Inc. is a publicly traded company with a market capitalization of $73.48 million as of 2022. The company is involved in the design and manufacture of railcars for the transportation of freight. The company has a negative return on equity of 42.6%.

– Seaco Ltd ($OTCPK:SEAOF)

GATX Corporation is an American railcar leasing company. The company was founded in 1898 and is headquartered in Chicago, Illinois. As of 2018, GATX had a fleet of over 100,000 railcars and owned or managed nearly 200,000 more. The company operates in three segments: Rail North America, Rail International, and Portfolio Management.

Summary

Trinity Industries Inc. (TRN) has seen an overall positive sentiment among analysts, with most giving the stock a Buy rating. The company remains a key player in the transportation and industrial sectors, and is well known for its production of railcars, barges, and highway products. The stock has seen some inconsistent performance of late, but overall, investors remain optimistic about the company’s future prospects. Investing analysis suggests that TRN is a good buy for long-term investors looking for a reliable dividend-paying stock.