Trinity Industries (TRN)
Trinity Industries Beneish M-Score: -1.808
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TRN Beneish M-Score Rankings
| Overall | 11th percentile | 3330 of 3771 |
| Sector | 10th percentile | 706 of 786 in Services |
| Industry | 14th percentile | 12 of 14 in Railroads |
TRN Beneish M-Score Range, Past 5 Years
| Minimum | -3.783 | Dec 2009 |
| Maximum | -1.808 | Dec 2011 |
| Average | -2.608 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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TRN News
$TRN long term bullish, but in short term not out of the woods yet, today's action awesome! Trade looming from here.
about 11 days ago by woowtrading
about 11 days ago by woowtrading
$TRN Downside Blowoff - 15 Minute Up Reversal - Green bar after 6 red bars with lower highs and lower lows
about 15 days ago by TradeIdeasQuant
about 15 days ago by TradeIdeasQuant
Trinity Industries Gives Shareholders a 22% Raise: http://stks.co/3aNH $TRN
about 32 days ago by DynamicDividend
about 32 days ago by DynamicDividend
Trinity Industries, Inc. (TRN) Raises Quarterly Dividend 22.2% to $0.11; 1.5% Yield
Apr 30, 2:52PM Street Insider
Apr 30, 2:52PM Street Insider
Trinity Industries, Inc. (TRN) Tops Q1 EPS by 14c; Guides Above the Street
Apr 25, 4:31PM Street Insider
Apr 25, 4:31PM Street Insider
@1nvestor Our old buddy $TRN is coming back. Nice volume trend, and cup with handle trigger 36.19 $TRN
about 78 days ago by chartsmarter
about 78 days ago by chartsmarter
RT @tlmontana RT @OptionsHawk: Posted some great Option Freebies for today $CROX $TRN $ANR $AEM http://stks.co/2lU8
about 84 days ago by traderstewie
about 84 days ago by traderstewie
Trinity Industries, Inc. (TRN) Approves Quarterly Dividend of $0.09; 1.1% Yield
Mar 08, 4:23PM Street Insider
Mar 08, 4:23PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TRN | 23.72 | -0.98 | -3.97% | 1.981B |
| TRMD | 0.3373 | +0.05 | +18.77% | 24.56M |
| TRMB | 45.60 | -1.56 | -3.32% | 5.883B |
| TRLG | 28.50 | -0.83 | -2.83% | 747.33M |
| TOF | 1.68 | +0.12 | +7.69% | 8.702M |
| TNS | 17.59 | -0.29 | -1.62% | 463.27M |
| TNP | 5.09 | -0.26 | -4.86% | 246.90M |
| TNK | 4.03 | -0.04 | -0.98% | 262.03M |
| TM | 75.03 | -1.86 | -2.42% | 120.55B |
| TLT | 129.53 | +1.93 | +1.51% |
