Triumph Group, Inc. (NYSE:TGI) is scheduled to be releasing its earnings data before the market opens on Wednesday, November 1st. Analysts expect Triumph Group to post earnings of $0.32 per share for the quarter.
Triumph Group (NYSE:TGI) last posted its quarterly earnings data on Wednesday, July 26th. The aerospace company reported $0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.87 by ($0.63). The company had revenue of $781.70 million for the quarter, compared to analyst estimates of $804.26 million. Triumph Group had a positive return on equity of 28.96% and a negative net margin of 1.89%. The business’s revenue was down 12.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.04 earnings per share. On average, analysts expect Triumph Group to post $2.37 EPS for the current fiscal year and $2.82 EPS for the next fiscal year.
Triumph Group, Inc. (NYSE TGI) opened at 31.90 on Wednesday. Triumph Group, Inc. has a 52-week low of $19.65 and a 52-week high of $34.80. The firm’s market capitalization is $1.58 billion. The firm’s 50-day moving average is $29.66 and its 200-day moving average is $28.75.
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Several brokerages have commented on TGI. ValuEngine upgraded shares of Triumph Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Credit Suisse Group decreased their target price on shares of Triumph Group from $40.00 to $37.00 and set an “outperform” rating on the stock in a research report on Monday, August 21st. BidaskClub lowered shares of Triumph Group from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. SunTrust Banks, Inc. restated a “hold” rating and set a $28.00 target price on shares of Triumph Group in a research report on Thursday, October 12th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $33.00 target price on shares of Triumph Group in a research report on Friday, July 28th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $30.00.
Triumph Group Company Profile
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