Alert: Positive Investment/Fundamental Signals (11/17/23)-Trinity Industries Inc (NYSE: TRN)


Recent extremely meaningful positive changes in investment behavior have benefitted Trinity Industries Inc (NYSE: TRN): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Significant positive changes in fundamentals have recently occurred for Trinity Industries Inc (NYSE: TRN): significant quarterly sales acceleration occurred, and the consensus estimate for December, 2023 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

TRN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Trinity Industries has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Trinity Industries has a neutral Appreciation Score of 42 and a neutral Power Rating of 59, with the Neutral Value Trend Rating the result.

Recent Price Action

Trinity Industries Inc (NYSE: TRN) stock closed at $24.92 on 11/17/23 after a large increase of 2.0%. The stock has risen 8.0% during the last week and has been strong relative to the market over the last nine months.

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