Advertisement
Canada markets close in 2 hours 14 minutes

  • S&P/TSX

    21,974.35
    +88.97 (+0.41%)
     

  • S&P 500

    5,111.35
    +62.93 (+1.25%)
     

  • DOW

    38,301.86
    +216.06 (+0.57%)
     

  • CAD/USD

    0.7315
    -0.0008 (-0.11%)
     

  • CRUDE OIL

    83.79
    +0.22 (+0.26%)
     

  • Bitcoin CAD

    87,284.93
    -943.73 (-1.07%)
     

  • CMC Crypto 200

    1,328.24
    -68.30 (-4.89%)
     

  • GOLD FUTURES

    2,348.50
    +6.00 (+0.26%)
     

  • RUSSELL 2000

    2,004.28
    +23.16 (+1.17%)
     

  • 10-Yr Bond

    4.6750
    -0.0310 (-0.66%)
     

  • NASDAQ

    15,967.85
    +356.09 (+2.28%)
     

  • VOLATILITY

    15.07
    -0.30 (-1.95%)
     

  • FTSE

    8,139.83
    +60.97 (+0.75%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6837
    +0.0016 (+0.23%)
     
MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Latest stubborn U.S. inflation reading will bring about more 'wait and see' from the Fed

Why Triton International (TRTN) is a Top Value Stock for the Long-Term

Zacks Equity Research
·2 min read

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

ADVERTISEMENT

Triton International (TRTN)

Triton International Limited was formed following the Jul 12, 2016 all-stock merger between Triton Container International Limited and TAL International Group. Triton International, based in Hamilton, Bermuda, is the largest lessor of intermodal containers (large steel boxes that are used for transporting freight by ship/rail/truck). The company also focuses on leasing chassis, which are used for transporting containers.

TRTN sits at a Zacks Rank #3 (Hold), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Transportation - Equipment and Leasing industry's P/E of 15.2X, shares of Triton International are trading at a forward P/E of 5.6X. TRTN also has a PEG Ratio of 0.6, a Price/Cash Flow ratio of 3.1X, and a Price/Sales ratio of 2.4X.

A company's earnings performance is important for value investors as well. For fiscal 2022, one analyst revised their earnings estimate higher in the last 60 days for TRTN, while the Zacks Consensus Estimate has increased $0.10 to $10.76 per share. TRTN also holds an average earnings surprise of 6.3%.

TRTN should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Triton International Limited (TRTN) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.