Triton International (TRTN) Receiving Somewhat Favorable Media Coverage, Report Shows
Headlines about Triton International (NYSE:TRTN) have been trending somewhat positive on Saturday, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Triton International earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.3883577871 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern’s analysis:
- Triton International Limited Announces Dates for Fourth Quarter and Full Year 2017 Earnings Release and Conference … – Business Wire (press release) (businesswire.com)
- Triton International Limited Announces Dates for Fourth Quarter and Full Year 2017 Earnings Release and Conference Call (finance.yahoo.com)
- Focus on Technical Insights: Triton International Limited (TRTN) – Wall Street Morning (wallstreetmorning.com)
- How much this stock is Risky? Triton International Limited (TRTN)’s Beta value is at 2.57 – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Triton International Limited (TRTN) In State to Counters Short-Term Obligation – Stock News Stop (stockmarketstop.com)
Shares of Triton International (NYSE:TRTN) opened at $30.98 on Friday. Triton International has a 1 year low of $21.77 and a 1 year high of $43.85. The stock has a market cap of $2,520.00 and a P/E ratio of 65.91. The company has a debt-to-equity ratio of 3.34, a quick ratio of 1.33 and a current ratio of 1.33.
A number of brokerages recently issued reports on TRTN. Cowen raised their target price on shares of Triton International from $46.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. SunTrust Banks raised their target price on shares of Triton International from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, November 13th. They noted that the move was a valuation call. BidaskClub upgraded shares of Triton International from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, November 7th. Wells Fargo & Co raised their target price on shares of Triton International from $42.00 to $45.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 14th. Finally, Zacks Investment Research upgraded shares of Triton International from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research report on Tuesday, November 14th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $44.00.
In other Triton International news, Director Kenneth Hanau sold 10,000 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $40.31, for a total transaction of $403,100.00. Following the transaction, the director now owns 31,580 shares of the company’s stock, valued at $1,272,989.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Claude Germain sold 1,500 shares of the stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $38.18, for a total transaction of $57,270.00. Following the transaction, the director now directly owns 30,080 shares in the company, valued at approximately $1,148,454.40. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.
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Triton International Company Profile
Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various intermodal containers and chassis to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry freight containers, refrigerated containers, special containers, tank containers, and chassis, as well as manages containers owned by third parties.
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