Trainline (LON:TRN) Trading 0.8% Higher – What’s Next?

Trainline Plc (LON:TRN)’s stock price traded up 0.8% during trading on Monday . The company traded as high as GBX 221.98 and last traded at GBX 219. 1,284,902 shares were traded during mid-day trading, a decline of 76% from the average session volume of 5,293,467 shares. The stock had previously closed at GBX 217.20.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Shore Capital Group reissued a “buy” rating on shares of Trainline in a research note on Friday, March 20th. Canaccord Genuity Group cut their price target on shares of Trainline from GBX 330 to GBX 311 and set a “buy” rating on the stock in a report on Monday, May 11th. Berenberg Bank reiterated a “buy” rating and set a GBX 350 price target on shares of Trainline in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 580 price target on shares of Trainline in a report on Thursday, May 7th. Finally, JPMorgan Chase & Co. cut their price target on shares of Trainline from GBX 230 to GBX 220 and set an “underweight” rating on the stock in a report on Thursday, May 7th. Six investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 397.67.

Trainline Price Performance

The company has a market capitalization of £784.93 million, a P/E ratio of 11.43 and a beta of 0.39. The firm’s fifty day moving average is GBX 227.45 and its 200 day moving average is GBX 216.04. The company has a debt-to-equity ratio of 128.17, a quick ratio of 0.52 and a current ratio of 0.63.

Trainline (LON:TRN) last issued its quarterly earnings results on Wednesday, May 6th. The company reported GBX 23.60 EPS for the quarter. The company had revenue of £452.68 million for the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. As a group, analysts predict that Trainline Plc will post 16.8458781 earnings per share for the current fiscal year.

About Trainline

Trainline’s ambition is to bring together rail, coach and other travel services into one simple mobile experience so travellers can easily find the best prices for their journey and access smart, real-time travel information on the go. By making rail and coach travel easier, our aim is to encourage people all over the world to make more environmentally sustainable travel choices.

As most rail and coach tickets continue to be sold offline at the station, and as customers and governments commit to more environmentally friendly modes of travel, we see significant growth opportunities for Trainline over the long term.