Triumph Group Inc (TGI) Given Consensus Rating of “Hold” by Analysts

Shares of Triumph Group Inc (NYSE:TGI) have been given a consensus recommendation of “Hold” by the fourteen research firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $29.25.

A number of equities analysts have recently commented on TGI shares. Royal Bank of Canada decreased their price target on shares of Triumph Group to $29.00 and set an “outperform” rating on the stock in a report on Friday, May 11th. Zacks Investment Research lowered shares of Triumph Group from a “hold” rating to a “sell” rating in a report on Monday, April 23rd. SunTrust Banks reissued a “hold” rating and issued a $27.00 price target on shares of Triumph Group in a report on Monday, April 23rd. Barclays started coverage on shares of Triumph Group in a report on Thursday, March 29th. They issued an “equal weight” rating and a $28.00 price target on the stock. Finally, ValuEngine lowered shares of Triumph Group from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd.

Shares of Triumph Group traded down $0.70, reaching $20.45, during trading on Friday, Marketbeat.com reports. The company had a trading volume of 1,892,665 shares, compared to its average volume of 669,497. The firm has a market capitalization of $1.07 billion, a price-to-earnings ratio of 8.08, a PEG ratio of 0.96 and a beta of 1.67. Triumph Group has a 12 month low of $19.65 and a 12 month high of $34.58. The company has a debt-to-equity ratio of 3.16, a current ratio of 1.94 and a quick ratio of 0.50.



Triumph Group (NYSE:TGI) last issued its quarterly earnings results on Thursday, May 10th. The aerospace company reported $1.01 EPS for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.04. The firm had revenue of $896.90 million for the quarter, compared to analyst estimates of $826.92 million. Triumph Group had a negative net margin of 13.11% and a positive return on equity of 17.23%. The business’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.81 EPS. equities research analysts expect that Triumph Group will post 1.89 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 15th. Stockholders of record on Friday, June 1st will be paid a $0.04 dividend. The ex-dividend date is Thursday, May 31st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.78%. Triumph Group’s dividend payout ratio (DPR) is 6.32%.

Several institutional investors have recently made changes to their positions in TGI. Private Capital Group LLC boosted its stake in shares of Triumph Group by 1,189.7% in the 1st quarter. Private Capital Group LLC now owns 6,255 shares of the aerospace company’s stock valued at $158,000 after purchasing an additional 5,770 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Triumph Group in the 1st quarter valued at $217,000. Meitav Dash Investments Ltd. purchased a new stake in Triumph Group during the 4th quarter valued at $304,000. Stone Ridge Asset Management LLC purchased a new stake in Triumph Group during the 4th quarter valued at $344,000. Finally, Crossmark Global Holdings Inc. boosted its position in Triumph Group by 47.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 15,128 shares of the aerospace company’s stock valued at $411,000 after buying an additional 4,889 shares during the period.

Triumph Group Company Profile

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aero structures, aircraft components, accessories, subassemblies, and systems worldwide. The company operates through four segments: Integrated Systems, Aerospace Structures, Precision Components, and Product Support.

Analyst Recommendations for Triumph Group (NYSE:TGI)

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

Leave a Reply