Top 4 Undervalued Stocks to Watch in 2024
Smart investors are always trying to get the best possible deal on whatever security or asset they are buying. The better the deal, the higher the chance of generating a substantial ROI. To do so, we use a wide array of tools to try and analyze today's top undervalued stocks. Within this report you'll find 4 stocks selling below intrinsic value with growth potential.
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| Open | 31.39 | Prev Close | 30.9 |
| High | 31.52 | Low | 30.83 |
| Volume | 494,198 | Volume (Avg) | 534,098 |
| 52 Week High | 33.77 | 52 Week Low | 14.00 |
| Market Cap | 3.2B | PE Ratio | 20.18 |
General
| Name | Trinity Industries, Inc |
| Ticker | TRN |
| Exchange | NYSE |
| Sector | Industrials |
| Industry | Railroads |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 6,375 |
About Trinity Industries, Inc
Trinity Industries, Inc. provides rail transportation products and services in North America. It operates through three segments: Railcar Leasing and Management Services Group, Rail Products Group, and All Other. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investor-owned fund; and provides fleet maintenance and management services to industrial shippers. As of December 31, 2020, it had a fleet of 107,045 owned or leased railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The All Other segment manufactures guardrail, crash cushions, and other highway barriers. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.
Highlights
| Analyst Target | 31.38 |
| Market Cap | 3,162,702,080 |
| PE Ratio | 20.18 |
| PEG Ratio | 2.78 |
| EBITDA | 527,500,000 |
Valuation
| Trailing PE | 2,926.36 |
| Forward PE | 51.81 |
| Price/Sales (Trailing 12 Mt.) | 1.80 |
| Price/Book (Most Recent Quarter) | 1.98 |
Technicals
| Beta | 1.50 |
| 52 Week High | 33.77 |
| 52 Week Low | 14.00 |
| 50 Day Average | 30.45 |
| 200 Day Average | 24.78 |
Dividend
Trinity Industries, Inc pays out a dividend of $0.78 per share, with a dividend yield of 3.44%.
TRN's last dividend payment was made to shareholders on April 30, 2021.
They pay out 235.29% of their earnings out as a dividend.
Recent Dividends
| Apr 30, 2024 | $0.28 |
| Jan 31, 2024 | $0.28 |
| Oct 31, 2023 | $0.26 |
| Jul 31, 2023 | $0.26 |
| Apr 28, 2023 | $0.26 |
| Jan 31, 2023 | $0.26 |
| Oct 31, 2022 | $0.23 |
| Jul 29, 2022 | $0.23 |
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