Niall McBride Acquires 23,084 Shares of Trainline (LON:TRN) Stock

Trainline Plc (LON:TRNGet Free Report) insider Niall McBride acquired 23,084 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was acquired at an average price of GBX 206 per share, with a total value of £47,553.04.

Trainline Trading Up 4.9%

Shares of TRN traded up GBX 10 on Wednesday, reaching GBX 214. 1,210,425 shares of the company’s stock were exchanged, compared to its average volume of 5,853,600. The stock has a market capitalization of £768.17 million, a P/E ratio of 11.19 and a beta of 0.39. The business has a 50 day moving average price of GBX 223.17 and a two-hundred day moving average price of GBX 215.55. The company has a current ratio of 0.63, a quick ratio of 0.52 and a debt-to-equity ratio of 128.17. Trainline Plc has a 12 month low of GBX 178 and a 12 month high of GBX 307.60.

Trainline (LON:TRNGet Free Report) last announced its earnings results on Wednesday, May 6th. The company reported GBX 23.60 EPS for the quarter. The business had revenue of £452.68 million during the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. Research analysts anticipate that Trainline Plc will post 16.8458781 earnings per share for the current year.

Analyst Upgrades and Downgrades

TRN has been the subject of several research reports. Shore Capital Group restated a “buy” rating on shares of Trainline in a research report on Friday, March 20th. Canaccord Genuity Group decreased their price objective on shares of Trainline from GBX 330 to GBX 311 and set a “buy” rating for the company in a report on Monday, May 11th. JPMorgan Chase & Co. reduced their price objective on Trainline from GBX 230 to GBX 220 and set an “underweight” rating for the company in a report on Thursday, May 7th. Berenberg Bank restated a “buy” rating and set a GBX 350 target price on shares of Trainline in a research note on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 580 price target on shares of Trainline in a report on Thursday, May 7th. Six equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 397.67.

Read Our Latest Stock Analysis on TRN

Trainline Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Trainline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trainline and related companies with MarketBeat.com's FREE daily email newsletter.