With 0.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.63 million shares. The 52-week range on TRN shows that it touched its highest point at $39.83 and its lowest point at $23.01 during that stretch. It currently has a 1-year price target of $27.50. With its current market cap of 1.97 billion, TRN has annualized dividend of $1.16 while the current yield stands at 4.81%. Beta for the stock currently stands at 1.48.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TRN was down-trending over the past week, with a drop of -3.94%, but this was down by -3.44% over a month. Three-month performance dropped to -35.96% while six-month performance fell -26.00%. The stock lost -20.80% in the past year, while it has lost -31.31% so far this year. A look at the trailing 12-month EPS for TRN yields 1.63 with Next year EPS estimates of 1.70. For the next quarter, that number is 0.27. This implies an EPS growth rate of -23.08% for this year and 21.43% for next year.
Float and Shares Shorts:
At present, 81.50 million TRN shares are outstanding with a float of 80.57 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TRN since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.8 being high and $1.7 being low. For TRN, this leads to a yearly average estimate of $1.75.
