Cowen & Co. analyst Matt Elkott maintained a Buy rating on Trinity Industries (NYSE:TRN) on Monday, setting a price target of $21, which is approximately 8.58% above the present share price of $19.34.
Elkott expects Trinity Industries to post earnings per share (EPS) of $1.36 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Trinity Industries, with an average price target of $20.
The analysts price targets range from a high of $21 to a low of $19.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $615.2 million and a net profit of $68.9 million. The company's market cap is $2.29 billion.
According to TipRanks.com, Cowen & Co. analyst Matt Elkott is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.9% and a 46.75% success rate.
Trinity Industries, Inc. engages in the provision of rail transportation products and services in North America. It operates through the following segments: Railcar Leasing and Management Services Group, Rail Products Group and All Other. The Railcar Leasing and Management Services Group segment provides railcar industry services. The Rail Products Group segment includes the results of heads business. The All Other segment includes the results of highway products business. The company was founded in 1933 and is headquartered in Dallas, TX.