Ultime notizie per Trinity Indus (NYSE:TRN) Azioni

Trinity Industries

Trinity Industries Inc. sells and leases railroad products and railcar maintenance services in North America. The company operates under the name TrinityRail in three main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. Customers include railroads, leasing companies, and shipping companies in agriculture, construction, consumer products, energy, and chemicals.

Trinity Industries Inc

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Susquehanna analyst Bascome Majors maintains Trinity Indus (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>) with a Neutral and raises the price target from $34 to $35.

News

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Susquehanna Maintains Neutral on Trinity Indus, Raises Price Target to $35

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Trinity Industries shares are trading lower after the company reported worse-than-expected Q1 sales results.

Guidance

Trinity Industries Sees FY25 EPS Of $1.50 - $1.80 Vs. $1.67 Est; Net Fleet Investment Of $300M - $400M.

Trinity Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>) reported quarterly adjusted earnings of $0.39 per share which beat the analyst consensus estimate of $0.36 by 8.33 percent. This is a 18.18 percent increase over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $629.40 million which missed the analyst consensus estimate of $676.87 million by 7.01 percent. This is a 22.26 percent decrease over sales of $809.60 million the same period last year.

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Trinity Industries Q1 Adj $0.39 Beats $0.36 Estimate, Sales $629.40M Miss $676.87M Estimate

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Earnings Scheduled For February 20, 2025

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Shares of machine companies are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

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Trinity Industries Raises Quarterly Dividend From $0.28 To $0.30 Per Share

Goldman Sachs initiates coverage on Trinity Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>) with a Neutral rating and announces Price Target of $39.

Initiation

Goldman Sachs Initiates Coverage On Trinity Industries with Neutral Rating, Announces Price Target of $39

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Shares of machinery companies are trading higher. Investors may be reacting to the US presidential election and its impact on the industry.

Trinity Industries Raises 2024 Guidance: Now Expects EPS To $1.70-$1.80 (Prior $1.55-$1.75) Vs. $1.75 Estimate; Sees Industry Deliveries Of ~40,000 Railcars

Trinity Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.38 by 13.16 percent. The company reported quarterly sales of $798.800 million which beat the analyst consensus estimate of $696.000 million by 14.77 percent. This is a 2.74 percent decrease over sales of $821.300 million the same period last year.

Trinity Industries Q3 2024 Adj. EPS $0.43 Beats $0.38 Estimate, Sales $798.800M Beat $696.000M Estimate

Susquehanna analyst Bascome Majors downgrades Trinity Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>) from Positive to Neutral and raises the price target from $34 to $35.

Downgrades

Susquehanna Downgrades Trinity Industries to Neutral, Raises Price Target to $35

Shares of machinery companies are trading lower amid overall market weakness following weak US data.

Trinity Industries shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 EPS guidance above estimates.

2024&nbsp;Guidance
<ul>
<li>Industry deliveries of approximately 40,000 railcars</li>
<li>Net fleet investment of&nbsp;$300 million&nbsp;to&nbsp;$400 million</li>
<li>Operating and administrative capital expenditures of&nbsp;$50 million&nbsp;to&nbsp;$60 million</li>
<li>EPS of&nbsp;$1.55&nbsp;to&nbsp;$1.75
<ul>
<li>Excludes items outside of our core business operations</li>
</ul>
</li>
</ul>

Trinity Industries Raises 2024 Guidance: Now Expects EPS Of $1.55 to $1.75 (Prior $1.35-$1.55) Vs. $1.51 Estimate; Sees Industry Deliveries Of ~40,000 Railcars

Trinity Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.34 by 94.12 percent. This is a 186.96 percent increase over earnings of $0.23 per share from the same period last year. The company reported quarterly sales of $841.400 million which beat the analyst consensus estimate of $769.400 million by 9.36 percent. This is a 16.47 percent increase over sales of $722.400 million the same period last year.

Trinity Industries Q2 2024 Adj. EPS $0.66 Beats $0.34 Estimate, Sales $841.400M Beat $769.400M Estimate

Trinity Industries's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>) short percent of float has fallen 12.12% since its last report. The company recently reported that it has 1.40 million shares sold short, which is 2.9% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.38 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Trinity Industries Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721066423_0_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Trinity Industries has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Trinity Industries's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Trinity Industries's peer group average for short interest as a percentage of float is 5.79%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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How Is The Market Feeling About Trinity Industries?

Ryanair Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ryaay#NASDAQ">RYAAY</a>) reported solid traffic numbers for June 2024, driven by upbeat air-travel demand.
The number of passengers transported on Ryanair flights was 19.3 million in June 2024, reflecting an 11% year-over-year increase. RYAAY&#39;s traffic in June was much more than the May reading of 18.9 million, April reading of 17.3 million and March reading of 13.6 million.
The June load factor (percentage of seats filled by passengers) of 95% remained flat sequentially as well as on a year-over-year basis. The figure was higher than the load factor of 92% reported in April 2024 and 93% reported in March 2024.
Notably, RYAAY operated more than 106,000 flights in June 2024. This marks an improvement from 105,000 operated flights in May 2024, 98,400 flights operated in April 2024 and 77,000 flights operated in March 2024. However, almost 400 flights got canceled due to the ATC (air traffic control) delays.
Ryanair continues to benefit from improved traffic growth. Traffic increased 9% in fiscal 2024. Management expects fiscal 2025 traffic to grow 8%, subject to Boeing deliveries returning to contracted levels before the year-end.
<h3>Zacks Rank and Stocks to Consider</h3>
RYAAY currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks for investors&#39; consideration in the Zacks Transportation sector include SkyWest, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/skyw#NASDAQ">SKYW</a>) and Trinity Industries, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/trn#NYSE">TRN</a>). Each stock currently carries a Zacks Rank #2 (Buy).
SKYW flaunts a VGM Score of A and has a market capitalization of $3.28 billion. The Zacks Consensus Estimate for SKYW&#39;s 2024 earnings per share has moved up 6.9% in the past 90 days.
SKYW&#39;s expected growth rate for 2024 is more than 100%. SKYW has a trailing four-quarter earnings surprise of 128.09%, on average.&nbsp;
TRN raised 2024 earnings per share guidance to the range of $1.35 to $1.55 (which excludes items outside of the company&#39;s core business operations) from $1.30 to $1.50 guided previously.
Over the past 30 days, the Zacks Consensus Estimate for TRN&#39;s 2024 earnings has been revised 2.7% upward. For 2024, TRN&#39;s earnings are expected to grow 8.70% year over year.
<a href="https://www.zacks.com/stock/news/2296268/ryanair-ryaay-posts-impressive-june-2024-traffic-numbers?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2296268">To read this article on Zacks.com click here.</a>

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Ryanair Posts Impressive June 2024 Traffic Numbers

Editor&#8217;s note: This story has been updated with additional details.
Multiple stocks on the New York Stock Exchange experienced sudden trading halts after 9:40 a.m. ET Monday <a href="https://www.benzinga.com/topic/nyse">due to technical issues.</a>
The unexpected pauses in trading were triggered by a technical issue categorized under the &#8220;Limit Up/Limit Down&#8221; code, which is typically used to curb excessive volatility in a single stock.
The NYSE said it is investigating the reported technical issue. &#8220;Additional information will follow as soon as possible,&#8221; NYSE-owner Intercontinental Exchange Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE">ICE</a>) stated. 
Among the largest companies halted on Monday were Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) at 9:50:52 a.m. ET and Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) at 9:44:58 a.m. ET. 
Chipotle shares experienced a sudden and dramatic decline of 66%, plummeting from $3,097 to $1,047. The stock resumed trading at 10:21 a.m.
At 9:49 a.m., ET shares of Berkshire Hathaway faced an even more severe downturn, nearly being wiped out with a staggering 99.7% collapse from $622,375 to $185.10. As of this update, trading has not yet resumed for the company owned by Warren Buffett.
Monday&#8217;s technical malfunctions on the NYSE occur just one week after U.S. stock exchanges transitioned to a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39039375/t-1-settlement-era-on-trading-begins-what-you-need-to-know">one-day settlement period.</a>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-1024x500.png" alt="" class="wp-image-368052" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-1536x750.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-1024x500.png" alt="" class="wp-image-368067" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-1536x750.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Other Stocks Impacted </h3>
Other stocks affected by the sudden technical glitch on the New York Stock Exchange in Monday trading include:
<ul>
<li>Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>)</li>
<li>Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>)</li>
<li>Franco-Nevada Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>)</li>
<li>Essex Property Trust, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>)</li>
<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>)</li>
<li>Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>)</li>
<li>Ault Disruptive Technologies Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADRT#NYSE">ADRT</a>)</li>
<li>Nouveau Monde Graphite Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMG#NYSE">NMG</a>)</li>
<li>Bowhead Specialty Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOW#NYSE">BOW</a>)</li>
<li>Banco Santander-Chile (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSAC#NYSE">BSAC</a>)</li>
<li>Logistic Properties of the Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPA#NYSE">LPA</a>)</li>
<li>Xperi Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPER#NYSE">XPER</a>)</li>
<li>ICL Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>)</li>
<li>Telefonica, S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEF#NYSE">TEF</a>)</li>
<li>Trinity Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>)</li>
</ul>
The technical fallout also impacted trading on the following NYSE-Arca listed exchange traded funds:
<ul>
<li>Direxion Daily Aerospace &amp; Defense Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFEN#NYSE">DFEN</a>)</li>
<li>MAX S&amp;P 500 4x Leveraged ETN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPRO#NYSE">UPRO</a>)</li>
<li>JPMorgan Core Plus Bond ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCPB#NYSE">JCPB</a>)</li>
<li>Global X MSCI Argentina ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARGT#NYSE">ARGT</a>)</li>
<li>Nationwide Nasdaq-100 Risk-Managed Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUSI#NYSE">NUSI</a>)</li>
<li>SPDR S&amp;P Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XSD#NYSE">XSD</a>)</li>
</ul>
Read now: <a href="https://www.benzinga.com/news/24/06/39136240/koss-corp-tupperware-blackberry-shares-are-moving-monday-whats-going-on">Koss Corp, Tupperware, BlackBerry Shares Are Moving Monday: What&#8217;s Going On?</a>
Photo via Shutterstock.

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Berkshire Hathaway, Chipotle, More NYSE Stocks Hit With Trading Halts Triggered By Technical Issues (UPDATED)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a <a href="https://www.benzinga.com/yield-investments">high dividend payout</a>. 
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
<h3 class="wp-block-heading">Genco Shipping &amp; Trading Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNK#NYSE">GNK</a>)</h3>
<ul>
<li>Dividend Yield: 4.95%</li>
<li>Jefferies analyst Omar Nokta maintained a Buy rating and increased the price target from $26 to $27 on May 9. This analyst has an accuracy rate of 80%.</li>
<li>Stifel analyst Benjamin Nolan maintained a Buy rating and raised the price target from $22 to $23 on April 19. This analyst has an accuracy rate of 75%.</li>
<li>Recent News: On May 8, Genco Shipping &amp; Trading posted downbeat quarterly earnings.</li>
</ul>
<h3 class="wp-block-heading">Star Bulk Carriers Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBLK#NASDAQ">SBLK</a>)</h3>
<ul>
<li>Dividend Yield: 5.53%</li>
<li>Stifel analyst Benjamin Nolanmaintained a Buy rating and raised the price target from $76 to $83 on Feb. 14. This analyst has an accuracy rate of 75%.</li>
<li>Jefferies analyst Omar Noktamaintained a Buy rating and boosted the price target from $22 to $24 on Nov. 30, 2023. This analyst has an accuracy rate of 80%.</li>
<li>Recent News: On April 9, Star Bulk completed merger with Eagle Bulk.</li>
</ul>
<h3 class="wp-block-heading">Trinity Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>)</h3>
<ul>
<li>Dividend Yield: 3.59%</li>
<li>TD Cowen analyst Matt Elkott maintained a Buy rating and raised the price target from $30 to $33 on May 2. This analyst has an accuracy rate of 74%.</li>
<li>Wells Fargo analyst Allison Poliniak maintained an Overweight rating and raised the price target from $27 to $31 on Aug. 2, 2023. This analyst has an accuracy rate of 68%.</li>
<li>Recent News: On May 1, Trinity Industries reported better-than-expected first-quarter financial results.</li>
</ul>
Read More: <a href="https://www.benzinga.com/news/24/05/38759538/how-to-earn-500-a-month-from-home-depot-stock-ahead-of-q1-earnings">How To Earn $500 A Month From Home Depot Stock Ahead Of Q1 Earnings</a>

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Press Releases

Trinity Industries, Inc. Announces Date for Earnings Release

Trinity Industries, Inc. Announces Second Quarter 2024 Results

Trinity Industries, Inc. Declares Quarterly Dividend

Trinity Industries, Inc. Announces Third Quarter 2024 Results

Trinity Industries, Inc. to Present at the 2024 Stephens Annual Investment Conference

Trinity Industries, Inc. Increases Quarterly Dividend to $0.30 / Share

Trinity Industries, Inc. Announces Fourth Quarter and Full Year 2024 Results

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