Brokerages Set Triumph Group Inc (NYSE:TGI) PT at $24.38

Share on StockTwits

Shares of Triumph Group Inc (NYSE:TGI) have been given a consensus recommendation of “Hold” by the eight ratings firms that are covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $24.38.

A number of equities research analysts recently issued reports on TGI shares. Zacks Investment Research upgraded shares of Flagstar Bancorp from a “hold” rating to a “buy” rating and set a $38.00 target price for the company in a research report on Monday, July 8th. ValuEngine upgraded shares of Zogenix from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 27th.

Shares of TGI stock opened at $23.15 on Friday. Triumph Group has a 52-week low of $11.16 and a 52-week high of $26.00. The firm has a market cap of $1.16 billion, a PE ratio of 9.30, a price-to-earnings-growth ratio of 1.88 and a beta of 2.76. The firm has a fifty day simple moving average of $20.95.

Triumph Group (NYSE:TGI) last announced its quarterly earnings data on Wednesday, May 8th. The aerospace company reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.47. Triumph Group had a negative net margin of 9.56% and a negative return on equity of 35.34%. The company had revenue of $869.03 million during the quarter, compared to analysts’ expectations of $842.57 million. During the same quarter in the prior year, the company posted $1.01 EPS. The business’s revenue was down 3.1% on a year-over-year basis. On average, equities research analysts expect that Triumph Group will post 2.58 earnings per share for the current fiscal year.

A number of large investors have recently modified their holdings of TGI. Advisor Group Inc. boosted its stake in shares of Triumph Group by 312.6% in the 4th quarter. Advisor Group Inc. now owns 2,393 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 1,813 shares during the last quarter. Citigroup Inc. grew its stake in shares of Triumph Group by 1,567.6% in the fourth quarter. Citigroup Inc. now owns 5,653 shares of the aerospace company’s stock valued at $65,000 after buying an additional 5,314 shares in the last quarter. Flinton Capital Management LLC boosted its position in Triumph Group by 18.7% during the fourth quarter. Flinton Capital Management LLC now owns 6,608 shares of the aerospace company’s stock worth $76,000 after purchasing an additional 1,040 shares during the period. Public Employees Retirement System of Ohio boosted its position in Triumph Group by 7.6% during the fourth quarter. Public Employees Retirement System of Ohio now owns 7,204 shares of the aerospace company’s stock worth $83,000 after purchasing an additional 507 shares during the period. Finally, NumerixS Investment Technologies Inc bought a new stake in shares of Triumph Group in the first quarter valued at about $86,000.

Triumph Group Company Profile

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. The company operates in three segments: Integrated Systems, Aerospace Structures, and Product Support. It offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, landing gear actuation systems, control system valve bodies, landing gear components and assemblies, electronic engine controls, main engine gear box assemblies, exhaust nozzles and ducting, fuel pumps, geared transmissions and drive train components, secondary flight control systems, fuel metering units, and vibration absorbers.

Further Reading: The Discount Rate – What You Need to Know

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.



Latest News

Zions Bancorporation NA  Downgraded by BidaskClub
Zions Bancorporation NA Downgraded by BidaskClub
Peel Hunt Reaffirms Hold Rating for Admiral Group
Peel Hunt Reaffirms Hold Rating for Admiral Group
York Water  Lifted to Hold at BidaskClub
York Water Lifted to Hold at BidaskClub
Admiral Group  Earns “Sell” Rating from Shore Capital
Admiral Group Earns “Sell” Rating from Shore Capital
West Bancorporation  Upgraded at BidaskClub
West Bancorporation Upgraded at BidaskClub
Extraction Oil & Gas  Lifted to “Sell” at BidaskClub
Extraction Oil & Gas Lifted to “Sell” at BidaskClub


© 2006-2019 Ticker Report