Trainline (LON:TRN) Reaches New 12-Month Low – Time to Sell?

Trainline Plc (LON:TRN)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 245.80 and last traded at GBX 246.23, with a volume of 675532 shares. The stock had previously closed at GBX 250.20.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on TRN shares. UBS Group reiterated a “buy” rating and issued a GBX 465 price target on shares of Trainline in a research report on Friday, September 5th. Berenberg Bank boosted their price target on shares of Trainline from GBX 490 to GBX 500 and gave the company a “buy” rating in a report on Wednesday, November 5th. Peel Hunt restated a “buy” rating and issued a GBX 460 price objective on shares of Trainline in a research report on Thursday, November 13th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 421 price objective on shares of Trainline in a research note on Thursday, November 6th. Finally, Shore Capital reissued a “buy” rating on shares of Trainline in a research note on Wednesday, November 5th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 435.20.

Trainline Stock Up 0.4%

The company has a current ratio of 0.68, a quick ratio of 0.52 and a debt-to-equity ratio of 49.07. The firm has a market cap of £1.01 billion, a P/E ratio of 20.03 and a beta of 1.64. The stock’s fifty day moving average is GBX 268.48 and its two-hundred day moving average is GBX 270.93.

Trainline (LON:TRN) last announced its earnings results on Wednesday, November 5th. The company reported GBX 12.58 earnings per share for the quarter. Trainline had a net margin of 8.57% and a return on equity of 10.88%. As a group, research analysts anticipate that Trainline Plc will post 16.8458781 earnings per share for the current year.

Trainline declared that its Board of Directors has approved a share buyback program on Thursday, September 11th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Trainline Company Profile

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.