Susquehanna Forecasts Strong Price Appreciation for Trinity Industries (NYSE:TRN) Stock

Trinity Industries (NYSE:TRNGet Free Report) had its price target upped by equities research analysts at Susquehanna from $34.00 to $35.00 in a report released on Friday,Benzinga reports. The firm currently has a “neutral” rating on the transportation company’s stock. Susquehanna’s price objective indicates a potential upside of 7.23% from the stock’s current price.

Several other equities analysts have also recently commented on the stock. The Goldman Sachs Group restated a “neutral” rating and set a $36.00 price target on shares of Trinity Industries in a report on Thursday. Wall Street Zen cut shares of Trinity Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Weiss Ratings upgraded shares of Trinity Industries from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 17th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $35.50.

View Our Latest Analysis on Trinity Industries

Trinity Industries Trading Up 6.1%

Trinity Industries stock opened at $32.64 on Friday. The company’s fifty day simple moving average is $32.33 and its 200-day simple moving average is $29.52. The company has a quick ratio of 1.08, a current ratio of 1.90 and a debt-to-equity ratio of 4.75. Trinity Industries has a 12 month low of $22.38 and a 12 month high of $35.62. The stock has a market cap of $2.60 billion, a P/E ratio of 10.60 and a beta of 1.46.

Trinity Industries (NYSE:TRNGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.28 by $0.04. Trinity Industries had a net margin of 11.73% and a return on equity of 21.02%. The business had revenue of $492.00 million for the quarter, compared to analysts’ expectations of $538.87 million. During the same period in the previous year, the company posted $0.29 EPS. Trinity Industries’s revenue was down 16.0% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. As a group, sell-side analysts forecast that Trinity Industries will post 1.98 EPS for the current fiscal year.

Institutional Investors Weigh In On Trinity Industries

Large investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC boosted its holdings in Trinity Industries by 24.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,538 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 298 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in Trinity Industries by 2.5% during the third quarter. Atlantic Union Bankshares Corp now owns 17,656 shares of the transportation company’s stock valued at $495,000 after acquiring an additional 423 shares during the period. Royal Bank of Canada boosted its holdings in Trinity Industries by 0.6% during the first quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company’s stock valued at $2,069,000 after acquiring an additional 457 shares during the period. Fiduciary Financial Group LLC boosted its holdings in Trinity Industries by 3.4% during the fourth quarter. Fiduciary Financial Group LLC now owns 14,014 shares of the transportation company’s stock valued at $371,000 after acquiring an additional 465 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Trinity Industries by 94.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,016 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 494 shares during the period. 86.57% of the stock is currently owned by institutional investors.

Trinity Industries Company Profile

(Get Free Report)

Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.

In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.

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