Trinity Industries Inc. (TRN): Today's Featured Transportation Laggard

Trinity Industries ( TRN) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day up 1.2%. By the end of trading, Trinity Industries fell $0.43 (-1.1%) to $38.01 on average volume. Throughout the day, 1,166,333 shares of Trinity Industries exchanged hands as compared to its average daily volume of 1,085,900 shares. The stock ranged in price between $37.94-$39.17 after having opened the day at $38.76 as compared to the previous trading day's close of $38.44. Other companies within the Transportation industry that declined today were: FreeSeas ( FREE), down 12.9%, Eagle Bulk Shipping ( EGLE), down 8.8%, Ultrapetrol Bahamas ( ULTR), down 6.3% and TOP Ships ( TOPS), down 5.4%.

Trinity Industries, Inc. provides products and services to the industrial, energy, transportation, and construction sectors primarily in the United States, Canada, Mexico, the United Kingdom, Singapore, and Sweden. Trinity Industries has a market cap of $3.1 billion and is part of the services sector. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are up 7.3% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Trinity Industries a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Trinity Industries as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, revenue growth, solid stock price performance, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Sino-Global Shipping America ( SINO), up 36.1%, Era Group ( ERA), up 25.3%, Newlead Holdings ( NEWL), up 18.8% and YRC Worldwide ( YRCW), up 10.0% , were all gainers within the transportation industry with United Continental Holdings ( UAL) being today's featured transportation industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation ( IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials ( SIJ).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Pure Storage Among Four Stocks Ready to Breakout

Cramer: These Stocks Look Like 'Easy Pickings'

Cramer: The Best Performers Show No Signs of Letting Up

This Stock's Big Gains Could Point to Strong Economic Growth Ahead

Tracking a Range-Bound Trinity Industries