Trn stock

Trinity Industries, Inc. (TRN) is a transportation company listed on the New York Stock Exchange (NYSE). Here is a comprehensive analysis of the stock:

1. Recent Institutional Activity:
   • American Century Companies Inc. raised its position in TRN by 136.2% in the 2nd quarter, owning 1,047,663 shares after acquiring an additional 604,050 shares.
   • Commonwealth Equity Services LLC increased its stake by 1.4% during the same quarter, owning 36,223 shares.
   • However, Los Angeles Capital Management LLC lowered its holdings by 71.1% in the 2nd quarter.
   • Arizona State Retirement System boosted its stake by 7.2% in the 2nd quarter.
   • Charles Schwab Investment Management Inc. lifted its holdings by 7.0% in the 4th quarter.
   • TFO Wealth Partners LLC significantly increased its holdings by 22,360.0% in the 4th quarter.
2. Stock Performance and Financial Metrics:
   • TRN stock closed at $34 on September 23, 2024, with a percentage change of -0.58%.
   • The company reported a total revenue of $841.4 million, a net income of $56.4 million, and a diluted EPS of $0.65 as of June 30, 2024.
   • Revenue growth rate was 16.47%, net income growth rate was 166.04%, and diluted EPS growth rate was 132.14%.

3. Technical Analysis and Moving Averages:
   • The stock's 20-day moving average was $32.33, the 50-day moving average was $32.42, and the 200-day moving average was $28.74 as of September 23, 2024.
   • These indicators suggest that the stock price is currently above its short-term and medium-term moving averages but below its long-term moving average, which could indicate a potential trend reversal or consolidation.

4. Valuation and Analyst Ratings:
   • The company's stock has been given a price target of $33 by TD Cowen, $34 by Susquehanna, and $26 by Stephens.
   • The stock's P/E ratio is 14.4, which is lower than the market average, suggesting that it may be undervalued or that investors have lower growth expectations.
   • Analysts have upgraded TRN from a "hold" to a "buy" rating, indicating potential confidence in the stock's future performance.

5. Risk Considerations:
   • The stock has a low Altman Z-score of 0.79, which suggests that it may be vulnerable to financial distress or a potential value trap.
   • However, the company's recent earnings growth and the upgrades from "hold" to "buy" ratings may mitigate some of these concerns.

In conclusion, TRN appears to be a company with recent institutional interest, positive financial metrics, and potential for growth based on the upgrades and low P/E ratio. However, the low Altman Z-score and market performance indicate that investors should exercise caution and consider both the potential upside and downside before making investment decisions.