Trainline (LON:TRN) Releases Quarterly Earnings Results

Trainline (LON:TRN - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported GBX 19.20 ($0.26) earnings per share for the quarter, Digital Look Earnings reports. Trainline had a net margin of 8.57% and a return on equity of 10.88%.

Trainline Stock Up 0.2%

Trainline stock traded up GBX 0.57 ($0.01) during midday trading on Friday, hitting GBX 250.37 ($3.33). 3,472,100 shares of the stock were exchanged, compared to its average volume of 3,013,867. Trainline has a 1 year low of GBX 247.80 ($3.29) and a 1 year high of GBX 452.40 ($6.01). The firm has a market cap of £1.09 billion, a P/E ratio of 34.32 and a beta of 1.64. The company has a debt-to-equity ratio of 49.07, a current ratio of 0.68 and a quick ratio of 0.52. The company has a 50 day moving average price of GBX 282.16 and a two-hundred day moving average price of GBX 350.15.

Analyst Upgrades and Downgrades

TRN has been the topic of a number of research analyst reports. Canaccord Genuity Group decreased their price target on shares of Trainline from GBX 500 ($6.64) to GBX 485 ($6.44) and set a "buy" rating on the stock in a report on Thursday, March 13th. Shore Capital reiterated a "buy" rating on shares of Trainline in a report on Wednesday. Berenberg Bank reissued a "buy" rating and issued a GBX 490 ($6.51) target price on shares of Trainline in a research note on Wednesday, February 12th. Finally, JPMorgan Chase & Co. downgraded shares of Trainline to a "neutral" rating and set a GBX 400 ($5.31) target price on the stock. in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 457.50 ($6.08).

Insider Buying and Selling

In related news, insider Jody Ford sold 446,488 shares of Trainline stock in a transaction on Wednesday, May 7th. The shares were sold at an average price of GBX 264 ($3.51), for a total transaction of £1,178,728.32 ($1,566,208.24). 4.08% of the stock is currently owned by insiders.

Trainline Company Profile

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.