We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
We have recently updated a report on Trinity Industries, Inc. (TRN - Free Report) .
Trinity’s operations are being hurt by supply chain disruptions as well as labor shortages and turnover. Lower deliveries and a shift in the mix of railcar products and services sold are affecting revenues in the Rail Products Group. Revenues in the unit declined 10.8% year over year in the third quarter.
Higher selling, engineering, and administrative expenses are denting the company’s bottom line. During the third quarter, selling, engineering, and administrative expenses rose to $54.3 million from $51.2 million in the year-ago period due to employee-related cost increases like incentive-based compensation.
An improvement in cash and cash equivalents bodes well for Trinity. At the end of the third quarter, the company’s cash and cash equivalents was $221.8 million, higher than $132 million at the end of December 2020.
The long-term expected earnings per share (three to five years) growth rate for J.B. Hunt is pegged at 15%. JBHT is benefiting from strong performances across all its segments. The Dedicated Contract Services (DCS) unit is being aided by fleet-productivity improvement and a rise in average revenue-producing trucks. The Integrated Capacity Solutions (ICS) unit is gaining from a favorable customer freight mix as well as higher contractual and spot rates.
JBHT’s measures to reward its shareholders are encouraging. Driven by the tailwinds, the stock has increased 32.9% in the past year. J.B. Hunt currently carries a Zacks Rank #2 (Buy).
The long-term expected earnings per share (three to five years) growth rate for FedEx is pegged at 12%. FDX is benefitting from a surge in e-commerce demand amid the pandemic.
FDX exited first-quarter fiscal 2022 with cash and equivalents of $6,853 million, higher than its current debt of $125 million. Driven by the tailwinds, the stock has moved up 3% in the past year. FedEx currently carries a Zacks Rank #2.
The long-term expected earnings per share (three to five years) growth rate for Schneider is pegged at 20.7%. SNDR benefits from strong performance in the Intermodal and Logistics units.
SNDR’s third-quarter cash balance is also encouraging. Driven by the tailwinds, the stock has moved up 16.1% in the past year. Schneider carries a Zacks Rank #2.
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Shutterstock
Trinity (TRN) Faces Supply Chain Disruptions & Higher Expenses
We have recently updated a report on Trinity Industries, Inc. (TRN - Free Report) .
Trinity’s operations are being hurt by supply chain disruptions as well as labor shortages and turnover. Lower deliveries and a shift in the mix of railcar products and services sold are affecting revenues in the Rail Products Group. Revenues in the unit declined 10.8% year over year in the third quarter.
Higher selling, engineering, and administrative expenses are denting the company’s bottom line. During the third quarter, selling, engineering, and administrative expenses rose to $54.3 million from $51.2 million in the year-ago period due to employee-related cost increases like incentive-based compensation.
An improvement in cash and cash equivalents bodes well for Trinity. At the end of the third quarter, the company’s cash and cash equivalents was $221.8 million, higher than $132 million at the end of December 2020.
Zacks Rank & Stocks to Consider
Trinity currently carries a Zacks Rank #5 (Strong Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Some better-ranked stocks in the broader Zacks Transportation sector are J.B. Hunt Transport Services (JBHT - Free Report) , FedEx Corporation (FDX - Free Report) and Schneider National (SNDR - Free Report) .
The long-term expected earnings per share (three to five years) growth rate for J.B. Hunt is pegged at 15%. JBHT is benefiting from strong performances across all its segments. The Dedicated Contract Services (DCS) unit is being aided by fleet-productivity improvement and a rise in average revenue-producing trucks. The Integrated Capacity Solutions (ICS) unit is gaining from a favorable customer freight mix as well as higher contractual and spot rates.
JBHT’s measures to reward its shareholders are encouraging. Driven by the tailwinds, the stock has increased 32.9% in the past year. J.B. Hunt currently carries a Zacks Rank #2 (Buy).
The long-term expected earnings per share (three to five years) growth rate for FedEx is pegged at 12%. FDX is benefitting from a surge in e-commerce demand amid the pandemic.
FDX exited first-quarter fiscal 2022 with cash and equivalents of $6,853 million, higher than its current debt of $125 million. Driven by the tailwinds, the stock has moved up 3% in the past year. FedEx currently carries a Zacks Rank #2.
The long-term expected earnings per share (three to five years) growth rate for Schneider is pegged at 20.7%. SNDR benefits from strong performance in the Intermodal and Logistics units.
SNDR’s third-quarter cash balance is also encouraging. Driven by the tailwinds, the stock has moved up 16.1% in the past year. Schneider carries a Zacks Rank #2.