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Last €22.75 EUR
Change Today -0.362 / -1.57%
Volume 0.0
TTA On Other Exchanges
Symbol
Exchange
New York
Berlin
Mexico
As of 1:42 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

trinity industries inc (TTA) Snapshot

Open
€22.82
Previous Close
€23.12
Day High
€23.24
Day Low
€22.58
52 Week High
09/19/14 - €39.13
52 Week Low
12/16/14 - €20.33
Market Cap
3.5B
Average Volume 10 Days
58.7
EPS TTM
--
Shares Outstanding
154.9M
EX-Date
07/13/15
P/E TM
--
Dividend
€0.44
Dividend Yield
1.45%
Current Stock Chart for TRINITY INDUSTRIES INC (TTA)

trinity industries inc (TTA) Related Businessweek News

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trinity industries inc (TTA) Details

Trinity Industries, Inc. provides various products and services for the energy, transportation, chemical, and construction sectors in the United States and internationally. Its Rail Group segment offers railcars, including autorack, box, covered hopper, gondola, intermodal, tank, and open hopper cars; and couplers, axles, and other equipment, as well as railcar maintenance services. This segment serves railroads, leasing companies, and industrial shippers of various products. The company’s Railcar Leasing and Management Services Group segment leases tank and freight railcars to industrial shippers and railroads; provides management, maintenance, and administrative services; and manages railcar fleets on behalf of third parties. As of December 31, 2014, this segment had a fleet of 75,930 owned or leased railcars. Its Construction Products Group segment offers highway products, such as guardrail, crash cushions, and other protective barriers; and aggregates, including expanded shale and clay, crushed stone, sand and gravel, asphalt rock, and other products, as well as other steel products for infrastructure-related projects. This segment also provides hot-dip galvanizing services to fabricated steel materials manufacturers; and trench shields and shoring products for the construction industry, as well as construction equipment for the mining industry. The company’s Energy Equipment Group segment manufactures structural wind towers; utility steel structures for electricity transmission and distribution; ambient and cryogenic storage and distribution containers; and tank heads for pressure and non-pressure vessels. Its Inland Barge Group segment provides deck barges, and open or covered hopper barges to transport grain, coal, and aggregates; and tank barges to transport crude oil, chemicals, and petroleum products, as well as fiberglass reinforced lift covers for grain barges. The company was founded in 1933 and is headquartered in Dallas, Texas.

22,070 Employees
Last Reported Date: 02/19/15
Founded in 1933

trinity industries inc (TTA) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.0M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $500.0K
Senior Vice President and Group President of ...
Total Annual Compensation: $615.0K
Senior Vice President and Group President of ...
Total Annual Compensation: $575.0K
Chief Legal Officer and Senior Vice President
Total Annual Compensation: $416.0K
Compensation as of Fiscal Year 2014.

trinity industries inc (TTA) Key Developments

Glancy Prongay & Murray Files Additional Class Action Lawsuit against Trinity Industries, Inc

Glancy Prongay & Murray announced that an additional class action lawsuit has been filed in the United States District Court for the Eastern District of Texas against Trinity Industries Inc. for alleged violations of federal securities laws. Investors who purchased, or otherwise acquired shares, between February 16, 2012 and April 29, 2015, inclusive, have until June 29, 2015 to file a lead plaintiff motion in the class action. The complaint alleges that, among other allegations, Trinity Industries Inc. provides products and services to companies in the transportation, chemical, and industrial sectors. The complaint alleges that during the Class Period Trinity made false and/or misleading statements and/or failed to disclose that: Trinity modified certain dimensions of the ET-Plus in 2005 without notifying the Federal Highway Administration, the federal agency that certifies the safety of roadside hardware; and as a result, Trinity’s public statements were materially false and misleading at all relevant times.

Trinity Industries, Inc. Announces Executive Appointments

Trinity Industries Inc. announced that Jared Richardson has been named Vice President and General Counsel of TrinityRail, that Jack Todd has been promoted to Vice President, Public Affairs, and that Bryan P. Stevenson has joined the company as its Associate General Counsel and Secretary. As Vice President and General Counsel of TrinityRail, Mr. Richardson has assumed responsibility for all legal matters for Trinity’s railcar manufacturing and railcar leasing businesses. Mr. Richardson joined the company in 2010, most recently serving as its Vice President, Associate General Counsel and Secretary. Prior to the company, Mr. Richardson served as Senior Counsel and Assistant Secretary for Energy Future Holdings Corp. Mr. Todd joined the company in 2006, initially serving as Director of Public Affairs for the Construction, Energy, Marine and Components Group. Since 2009, Mr. Todd has held several leadership positions at the company overseeing competitive analysis, community relations, public affairs, government relations and external media relations. Prior to joining the company, Mr. Todd had a distinguished 20-year career in the U.S. Navy retiring as a Lieutenant Commander. Mr. Stevenson was most recently Vice President, General Counsel and Secretary for U.S. Auto Parts Network Inc., from 2011 to 2015. At U.S. Auto Parts, he oversaw all of the company’s legal efforts.

Trinity Industries Inc. Addresses Judgment in the Federal False Claims Act Case

Trinity Industries Inc. announced that the United States District Court for the Eastern District of Texas, Marshall Division, has entered judgment in the federal False Claims Act case filed against the company by Joshua Harman involving the ET Plus System. Trinity Highway Products, LLC manufactures the ET Plus pursuant to exclusive licensing granted by the Texas A&M University System. The judgment was expected after post-verdict, court-ordered mediation failed to resolve the numerous legal issues involved. In October 2014, a jury awarded $175.0 million in damages in this case which alleged certain violations of the Act. Under the Act, the award is automatically trebled to $525.0 million. In addition, the District Court imposed civil penalties in the amount of $138.4 million and awarded attorney’s fees, expenses and costs to the relator in the amount of $19.0 million. The amount of the total judgment is $682.4 million. To appeal the case, the company may be required to post a supersedeas bond that could equal the amount of the judgment entered plus interest, which the Company expects to obtain on an unsecured basis. The company believes the evidence clearly shows that no fraud was committed. Trinity also believes that the trial court made significant errors in applying the federal law to Mr. Harman’s allegations and, therefore, the judgment is erroneous and should be reversed in its entirety. Trinity intends to file certain post-judgment motions and, depending upon the District Court’s rulings on those motions, to appeal to the United States Court of Appeals for the Fifth Circuit. The Federal Highway Administration has repeatedly confirmed that the ET Plus is fully compliant with all applicable federal safety regulations—and that the ET Plus is and has always been eligible for reimbursement under the Federal-aid highway program. In a Mandamus Order preceding the second trial in this case, the Fifth Circuit made clear that it had concerns with the trial court proceedings, and that the company has a 'strong' legal argument that it has made no false claims to the United States government, based on previous statements by the FHWA that the ET Plus is compliant with federal safety standards and therefore fully eligible, in the past, present and future, for federal reimbursement claims. After the trial, in December 2014 and January 2015, the ET Plus was again tested and again passed the applicable safety standard, the National Cooperative Highway Research Program Report 350 testing criteria, in eight additional independent crash tests by the Southwest Research Institute. The FHWA, in consultation with its independent consulting expert, confirmed that the ET Plus passed the Report 350 criteria for all eight crash tests. The ET Plus has been successfully crash tested more times than any other highway product of its kind.

 

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Industry Analysis

TTA

Industry Average

Valuation TTA Industry Range
Price/Earnings 6.6x
Price/Sales 0.6x
Price/Book 1.3x
Price/Cash Flow 6.3x
TEV/Sales NM Not Meaningful
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