Investment firm Susquehanna has adjusted its price target for Trinity Industries (TRN, Financial), reducing it from $35 to $24. The firm maintained a Neutral rating on the stock, reflecting their cautious outlook on the company’s prospects in the near term.
The revision follows concerns over the railcar manufacturing sector, where challenges appear more pronounced than the benefits seen in leasing operations. The ongoing economic uncertainties and trade tensions have contributed to a decline in new railcar orders, affecting the anticipated recovery timeline for the industry. While earlier forecasts predicted a significant recovery by 2026, the current market conditions suggest this may be postponed.
Investors in Trinity Industries are advised to consider the broader macroeconomic factors and their potential impact on the company’s performance and the railcar sector as a whole.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Trinity Industries Inc (TRN, Financial) is $33.00 with a high estimate of $35.00 and a low estimate of $31.00. The average target implies an upside of 32.00% from the current price of $25.00. More detailed estimate data can be found on the Trinity Industries Inc (TRN) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Trinity Industries Inc's (TRN, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Trinity Industries Inc (TRN, Financial) in one year is $29.60, suggesting a upside of 18.4% from the current price of $25. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Trinity Industries Inc (TRN) Summary page.
