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

Trainline Plc (LON:TRN) insider Niall McBride bought 23,084 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was bought at an average price of GBX 206 per share, with a total value of £47,553.04.

Trainline Stock Performance

Trainline stock traded up GBX 10 during mid-day trading on Wednesday, reaching GBX 214. The company’s stock had a trading volume of 1,210,425 shares, compared to its average volume of 5,853,600. The business has a 50 day moving average price of GBX 223.17 and a 200-day moving average price of GBX 215.55. The firm has a market cap of £768.17 million, a price-to-earnings ratio of 11.19 and a beta of 0.39. 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 twelve month low of GBX 178 and a twelve month high of GBX 307.60.

Trainline (LON:TRN) last released 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 for the quarter. Trainline had a net margin of 17.63% and a return on equity of 35.11%. Sell-side analysts predict that Trainline Plc will post 16.8458781 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

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.

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.