How The Pieces Add Up: VIG Targets $180 Wednesday, August 9, 11:17 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Notable Thursday Option Activity: MOV, PINC, TRN Thursday, August 24, 4:12 PM ET, by Market News Video Staff Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...
SPSM's Underlying Holdings Imply 21% Gain Potential Tuesday, September 12, 7:13 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
TRN Crosses Above Key Moving Average Level Thursday, September 21, 4:01 PM ET, by Market News Video Staff In trading on Thursday, shares of Trinity Industries, Inc. (TRN) crossed above their 200 day ...
Analyst Favorites With Strong Buyback Activity: Trinity Industries Ranks As a Top Pick
By Market News Video Staff, Friday, October 22, 2:22 PM ET
A study of analyst recommendations at the major brokerages shows that Trinity Industries, Inc. (NYSE:TRN) is the #94 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
Investors are often keenly interested in knowing which companies are buying back their own stock, because companies often will only make such a move if they feel their stock is undervalued. Trinity Industries, Inc. is a company with strong buyback activity that is also considered a compelling buy by analysts; a bullish investor could take this to mean that sharp analyst minds came to the same bullish conclusion as the company itself that the stock is a good value, and therefore the stock should do well in the future.
Analysts studying companies buying back their own stock will also factor into their analysis that future earnings will now be spread over a smaller share count, thereby increasing the per-share earnings the remaining shares will enjoy, versus what that same number would have been absent the stock buyback activity.
TRN operates in the Railroads sector, among companies like Union Pacific Corp (UNP) which is up about 3.5% today, and Canadian National Railway Co (CNI) trading higher by about 2.5%. Below is a three month price history chart comparing the stock performance of TRN, versus UNP and CNI.
TRN is currently trading up about 3.3% midday Friday.
This Article's Word Cloud:ActivityAnalystAnalystsBelowBuybackCanadianCorpFridayIndustriesInvestorInvestorsNYSENationalOnlinePacificTrinityaboutactivityalsoamonganalystbackbullishbuybackbuyingcompaniescompanyearningsfuturehavelistmajormakemonthoftenoversamesharesharesstockstocksstrongthattheirthosetradingversuswhichwillwith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.
Play Video:
The Importance of ETFs
Free Email Alerts By Stock:
Start slideshow: