Loading...
Docoh

Trinity Industries (TRN)

Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North America. Its rail-related businesses market their railcar products and services under the trade name TrinityRail®. The TrinityRail platform provides railcar leasing and management services, as well as railcar manufacturing, maintenance and modifications. Trinity also owns businesses engaged in the manufacture of products used on the nation's roadways and in traffic control. Trinity reports its financial results in three principal business segments: the Railcar Leasing and Management Services Group, the Rail Products Group, and the All Other Group.

Company profile

Ticker
TRN
Exchange
Website
CEO
E. Jean Savage
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Subsidiaries
CJB Prime Property, LLC • Heritage Aviation Services LLC • International Industrial Indemnity Company • K2Share LLC • RailPulse LLC • Reunion General Agency, Inc. • Trinity Argentina S.R.L. • TRN Services, LLC • HLA Engineers, Inc. • Vigilant Systems, Inc. ...
IRS number
750225040

TRN stock data

Analyst ratings and price targets

Last 3 months
Current price
Average target
$30.00
Low target
$27.00
High target
$33.00
Wells Fargo
Maintains
Overweight
$33.00
28 Jul 22
Stephens & Co.
Maintains
Equal-Weight
$27.00
28 Jul 22

Calendar

27 Jul 22
19 Aug 22
31 Dec 22
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 306.5M 306.5M 306.5M 306.5M 306.5M 306.5M
Cash burn (monthly) 14.97M (no burn) (no burn) (no burn) 31.27M (no burn)
Cash used (since last report) 25.15M n/a n/a n/a 52.54M n/a
Cash remaining 281.35M n/a n/a n/a 253.96M n/a
Runway (months of cash) 18.8 n/a n/a n/a 8.1 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
30 Jun 22 Echols Leldon E Trinity Phantom Stock Units Common Stock Grant Acquire A No No 24.22 612 14.82K 65,040
30 Jun 22 Todd Maclin Trinity Phantom Stock Units Common Stock Grant Acquire A No No 24.22 1,192 28.87K 8,184
15 May 22 Gregory B Mitchell Common Stock Payment of exercise Dispose F No No 24.58 3,561 87.53K 104,153
15 May 22 Gregory B Mitchell Common Stock Grant Acquire A No No 0 6,496 0 107,714
15 May 22 Teachout Sarah Common Stock Payment of exercise Dispose F No No 24.58 4,578 112.53K 80,013
15 May 22 Teachout Sarah Common Stock Grant Acquire A No No 0 12,065 0 84,591
15 May 22 Madison Brian D Common Stock Payment of exercise Dispose F No No 24.58 3,933 96.67K 77,370
15 May 22 Madison Brian D Common Stock Grant Acquire A No No 0 7,425 0 81,303
90.1% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 252 288 -12.5%
Opened positions 38 42 -9.5%
Closed positions 74 42 +76.2%
Increased positions 71 85 -16.5%
Reduced positions 91 101 -9.9%
13F shares Current Prev Q Change
Total value 1.9B 2.47B -23.2%
Total shares 73.92M 72.25M +2.3%
Total puts 279.6K 97.7K +186.2%
Total calls 240.5K 258.8K -7.1%
Total put/call ratio 1.2 0.4 +208.0%
Largest owners Shares Value Change
Capital International Investors 12.77M $309.15M -0.2%
BLK Blackrock 12.29M $297.75M +34.7%
Vanguard 8.67M $209.9M +4.5%
Dimensional Fund Advisors 5.82M $140.96M -2.0%
VA Partners I 3.87M $116.9M 0.0%
Jennison Associates 3.45M $83.56M +27.4%
STT State Street 2.66M $64.32M +2.0%
Jacobs Levy Equity Management 1.4M $33.98M +11.7%
Geode Capital Management 1.35M $32.69M -3.0%
BK Bank Of New York Mellon 1.26M $30.41M -7.8%
Largest transactions Shares Bought/sold Change
BLK Blackrock 12.29M +3.17M +34.7%
Kempen Capital Management 0 -748.67K EXIT
Jennison Associates 3.45M +742.72K +27.4%
Millennium Management 10.79K -606.25K -98.3%
Weiss Multi-Strategy Advisers 457.27K +457.27K NEW
Vanguard 8.67M +373.09K +4.5%
MS Morgan Stanley 804.55K +315.49K +64.5%
Parametric Portfolio Associates 0 -250.15K EXIT
Arrowstreet Capital, Limited Partnership 220.5K +220.5K NEW
Balyasny Asset Management 0 -206.86K EXIT

Financial report summary

?
Competition
BroadwindFreightCar America
Risks
  • The COVID-19 pandemic has had and continues to have a material adverse effect on our results of operations and could have a material adverse effect on our ability to operate, financial condition, liquidity, access to capital, payment of dividends, and capital investments.
  • Shortages of skilled labor and/or qualified employees have adversely impacted and could continue to impact our operations.
  • The limited number of customers for certain of our products, the variable purchase patterns of our customers, and the timing of completion, delivery, and customer acceptance of orders may cause our revenues and income from operations to vary substantially each quarter, potentially resulting in significant fluctuations in our quarterly results.
  • We face risks related to cybersecurity attacks and other breaches of our systems and information technology.
  • We have indebtedness, which could have negative consequences on our business or results of operations.
  • Some of our employees belong to labor unions, and strikes or work stoppages could adversely affect our operations.
  • We may be unable to effectively implement organizational redesigns, cost reductions, or restructuring efforts and our business might be adversely affected.
  • The Company could potentially fail to successfully integrate new businesses or products into its current business.
  • Our inability to sufficiently protect our intellectual property rights could adversely affect our business.
  • Volatility in the global markets or in industries that our products serve may adversely affect our business and operating results.
  • The phaseout of the London Interbank Offered Rate (LIBOR) and the replacement of LIBOR with a different reference rate may have an adverse effect on our business.
  • Violations of or changes in the regulatory requirements applicable to the industries in which we operate may increase our operating costs, reduce the demand for our products and services, or negatively affect our ability to implement our strategic and operational plans.
  • U.S. government actions relative to the federal budget, taxation policies, government expenditures, U.S. borrowing/debt ceiling limits, and trade policies could adversely affect our business and operating results.
  • There can be no assurance that we will continue to pay dividends or repurchase shares of our common stock at current levels.
  • A small number of stockholders could significantly influence our business.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: Chase, Domestic, earlier, encumbered, entirety, exceed, Exhibit, Fargo, hearing, hereto, intangible, JPMorgan, network, past, PNC, precisely, purport, resolution, seller, software, stipulation, swap, translation, Tribute, Truist, uncertainty, unchanged, undamaged, universe, unrelated, working
Removed: choose, served, wholly