This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Why Trinity Industries (TRN) Hit An All-Time High Today

NEW YORK (TheStreet) -- Trinity Industries (TRN - Get Report) hit an all-time high of $67.62 Thursday after the rail car manufacturer reported fourth-quarter results and issued guidance that surpassed analysts' expectations.

Net income surged in the fourth quarter to $112.8 million, or $1.44 per share, from $71.3 million, or 90 cents per share, in the same period one year earlier. Net income from continuing operations also spiked year over year to $118.9 million, or $1.43 a share, from $71 million, or 90 cents a share. Revenue increased 24% year over year to $1.26 billion from $1.01 billion.

Analysts polled by Thomson Reuters expected earnings per share of $1.41 on revenue of $1.22 billion.

For first quarter of the fiscal year 2014, the company expects EPS of $2.45 to $2.65, which easily beats analysts' estimates of $2.05. For the full year, Trinity anticipates EPS of $6.30 to $7.00, while analysts expect $6.02.

Must Read: Why Quanta Services (PWR) Is Popping on Thursday

TheStreet Ratings team rates TRINITY INDUSTRIES as a "buy" with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate TRINITY INDUSTRIES (TRN) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

  • The revenue growth greatly exceeded the industry average of 17.4%. Since the same quarter one year prior, revenues rose by 22.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Powered by its strong earnings growth of 59.49% and other important driving factors, this stock has surged by 43.24% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, TRN should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • TRINITY INDUSTRIES reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, TRINITY INDUSTRIES increased its bottom line by earning $3.17 versus $1.77 in the prior year. This year, the market expects an improvement in earnings ($4.67 versus $3.17).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Machinery industry. The net income increased by 57.6% when compared to the same quarter one year prior, rising from $63.20 million to $99.60 million.
  • You can view the full analysis from the report here: TRN Ratings Report

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TRN $26.98 0.00%
AAPL $117.81 0.00%
FB $105.45 0.00%
GOOG $750.26 0.00%
TSLA $231.61 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs