Triton International Limited (TRTN) Given Daily Coverage Optimism Rating of 0.21
News coverage about Triton International Limited (NASDAQ:TRTN) has trended somewhat positive on Friday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Triton International Limited earned a news impact score of 0.21 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.3866139900976 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Triton International Ltd. breached its 50 day moving average in a Bearish Manner : TRTN-US : August 11, 2017 (finance.yahoo.com)
- Triton International Ltd (TRTN) CEO Brian Sondey on Q2 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Triton International Limited Announces Quarterly Dividend of $0.45 (TRTN) (americanbankingnews.com)
- Triton International Limited (TRTN) Given “Buy” Rating at SunTrust Banks, Inc. (americanbankingnews.com)
- Triton International Limited’s (TRTN) “Buy” Rating Reaffirmed at Cowen and Company (americanbankingnews.com)
Several research firms have recently issued reports on TRTN. Cowen and Company reaffirmed a “buy” rating and issued a $44.00 price target (up previously from $40.00) on shares of Triton International Limited in a research report on Thursday. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $35.00 price target on shares of Triton International Limited in a research report on Thursday. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $40.00 price target (up previously from $35.00) on shares of Triton International Limited in a research report on Thursday. Zacks Investment Research lowered Triton International Limited from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, Bank of America Corporation reaffirmed a “buy” rating and issued a $36.00 price target (up previously from $32.00) on shares of Triton International Limited in a research report on Monday, May 15th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $37.50.
Shares of Triton International Limited (TRTN) traded up 1.01% during trading on Friday, reaching $33.92. The company’s stock had a trading volume of 444,940 shares. The firm’s 50-day moving average is $34.54 and its 200-day moving average is $28.83. Triton International Limited has a 12-month low of $11.50 and a 12-month high of $37.82.
Triton International Limited (NASDAQ:TRTN) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. The company had revenue of $281.90 million for the quarter, compared to the consensus estimate of $281.09 million. During the same period in the previous year, the business earned $0.88 EPS. Triton International Limited’s revenue for the quarter was up 78.1% compared to the same quarter last year. On average, equities analysts anticipate that Triton International Limited will post $2.57 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 1st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date is Wednesday, August 30th.
In other Triton International Limited news, Director Robert W. Alspaugh sold 5,525 shares of the stock in a transaction dated Monday, June 5th. The stock was sold at an average price of $29.91, for a total value of $165,252.75. Following the completion of the sale, the director now directly owns 28,487 shares in the company, valued at $852,046.17. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Kevin Valentine sold 2,000 shares of the stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $35.00, for a total value of $70,000.00. Following the completion of the sale, the insider now owns 61,705 shares of the company’s stock, valued at $2,159,675. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,525 shares of company stock valued at $470,233.
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