Trinity Industries Inc.
), a manufacturer of rail cars and other industrial products, could
be an interesting play for investors. That is because, not only
does the stock have decent short-term momentum, but it is seeing
solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts
are becoming more optimistic on TRN's earnings for the coming
quarter and year. In fact, consensus estimates have moved sharply
higher for both of these time frames over the past four weeks,
suggesting that Trinity Industries could be a solid choice for
Current Quarter Estimates for TRN
In the past 30 days, 5 estimates have gone higher for Trinity
Industries while none moved lower in the same time period. The
trend has been pretty favorable too, with estimates increasing from
$1.32 a share 30 days ago to $1.40 today, a move of 6%.
Current Year Estimates for TRN
Meanwhile, Trinity Industries' current year figures are also
looking quite promising, with 5 estimates moving higher in the past
month, compared to no lower. The consensus estimate trend has also
seen a boost for this time frame, increasing from $4.55 per share
30 days ago to $4.64 per share today, an increase of 2%.
The stock has also started to move higher lately, adding 10.9% over
the past four weeks, suggesting that investors are starting to take
note of this impressive story. So investors may definitely want to
consider this Zacks Rank #1 (Strong Buy) stock to profit in the
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TRINITY INDS IN (TRN): Free Stock Analysis
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