Trinity Industries (TRN) Gets a Buy Rating from Mizuho Securities

By Austin Angelo

Mizuho Securities analyst Kristine Kubacki reiterated a Buy rating on Trinity Industries (TRNResearch Report) on February 25 and set a price target of $32. The company’s shares closed yesterday at $23.63.

Kubacki observed:

“We reiterate our Buy rating on TRN shares and maintain our PT at $32 after TRN’s FY4Q18 earnings release. We are also holding our EPS estimates at $1.30 and $1.80, respectively. We continue to believe this cycle will be much more measured than the boom earlier this decade, but we believe improving fundamentals in 2019 along with the unique repositioning of the TRN story post the Arcosa spin still represents notable upside to the shares.”

According to, Kubacki is a 3-star analyst with an average return of 6.7% and a 53.8% success rate. Kubacki covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings Inc, Westinghouse Air, and WABCO Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trinity Industries with a $24.67 average price target, implying a 4.4% upside from current levels. In a report issued on February 20, Cowen & Co. also maintained a Buy rating on the stock with a $30 price target.

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Trinity Industries’ market cap is currently $3.53B and has a P/E ratio of 22.04. The company has a Price to Book ratio of 0.81.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TRN in relation to earlier this year.

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Trinity Industries, Inc. engages in the provision of products and services to the energy, transportation, chemical, and construction sectors. It operates through the following segments: Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other.