Triton International Ltd (NYSE:TRTN) Expected to Post Earnings of $1.14 Per Share
Wall Street brokerages expect Triton International Ltd (NYSE:TRTN) to post $1.14 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Triton International’s earnings. Triton International reported earnings per share of $1.25 in the same quarter last year, which suggests a negative year over year growth rate of 8.8%. The business is expected to report its next earnings report before the market opens on Friday, February 14th.
On average, analysts expect that Triton International will report full year earnings of $4.60 per share for the current fiscal year. For the next year, analysts expect that the firm will post earnings of $4.65 per share. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Triton International.
TRTN has been the subject of several recent research reports. TheStreet upgraded Triton International from a “c” rating to a “b-” rating in a research report on Thursday, October 24th. Cowen dropped their price target on Triton International from $47.00 to $46.00 and set an “outperform” rating for the company in a research report on Monday, October 28th. Compass Point lowered Triton International from a “buy” rating to a “neutral” rating and set a $38.00 price target for the company. in a research report on Friday, October 25th. Zacks Investment Research lowered Triton International from a “hold” rating to a “sell” rating and set a $39.00 price target for the company. in a research report on Monday, October 28th. Finally, ValuEngine lowered Triton International from a “hold” rating to a “sell” rating in a research report on Tuesday, February 4th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $41.25.
TRTN traded up $0.67 on Friday, hitting $39.43. The company had a trading volume of 362,600 shares, compared to its average volume of 225,221. The company has a market cap of $2.72 billion, a PE ratio of 9.11, a PEG ratio of 0.81 and a beta of 2.30. Triton International has a 12-month low of $29.50 and a 12-month high of $40.81. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 3.36. The business’s fifty day simple moving average is $38.97 and its 200 day simple moving average is $36.05.
Triton International Company Profile
Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry, refrigerated, special, and tank containers; and chassis used for the transportation of intermodal containers, as well as provides container management services.
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