News stories about Triumph Group (NYSE:TGI) have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Triumph Group earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the aerospace company an impact score of 46.1522937937426 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Triumph: Turnaround On Track – Seeking Alpha (seekingalpha.com)
- Triumph Group, Inc. :TGI-US: Earnings Analysis: Q2, 2018 By the Numbers : November 21, 2017 (finance.yahoo.com)
- Insider Selling: Triumph Group, Inc. (TGI) Director Sells 34,162 Shares of Stock (americanbankingnews.com)
- Triumph Group, Inc. (TGI) Receives Average Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- Triumph Group Declares Quarterly Dividend (finance.yahoo.com)
Shares of Triumph Group (NYSE:TGI) traded up $0.10 during mid-day trading on Wednesday, reaching $30.20. The company had a trading volume of 366,800 shares, compared to its average volume of 792,728. The company has a current ratio of 1.87, a quick ratio of 0.42 and a debt-to-equity ratio of 1.65. The firm has a market cap of $1,494.38, a price-to-earnings ratio of 6.19, a price-to-earnings-growth ratio of 0.74 and a beta of 1.76. Triumph Group has a twelve month low of $19.65 and a twelve month high of $34.80.
Triumph Group (NYSE:TGI) last announced its quarterly earnings results on Wednesday, November 8th. The aerospace company reported $0.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.20. The business had revenue of $745.16 million for the quarter, compared to analyst estimates of $787.90 million. Triumph Group had a positive return on equity of 27.18% and a negative net margin of 3.18%. Triumph Group’s quarterly revenue was down 14.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.00 EPS. research analysts anticipate that Triumph Group will post 2.48 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Thursday, November 30th. Triumph Group’s dividend payout ratio is -7.51%.
A number of research firms have recently issued reports on TGI. Royal Bank Of Canada set a $39.00 price objective on Triumph Group and gave the company a “buy” rating in a research report on Wednesday, November 15th. Canaccord Genuity restated a “hold” rating and set a $36.00 price objective (up from $30.00) on shares of Triumph Group in a research report on Thursday, November 9th. Cowen and Company restated a “hold” rating and set a $30.00 price objective on shares of Triumph Group in a research report on Thursday, November 9th. SunTrust Banks, Inc. boosted their price objective on Triumph Group to $34.00 and gave the company a “hold” rating in a research report on Thursday, November 9th. Finally, Robert W. Baird restated a “buy” rating and set a $34.00 price objective on shares of Triumph Group in a research report on Thursday, October 12th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $33.11.
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In other Triumph Group news, Director Joseph Silvestri sold 34,162 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $30.31, for a total value of $1,035,450.22. Following the transaction, the director now owns 109,078 shares of the company’s stock, valued at $3,306,154.18. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.80% of the stock is currently owned by insiders.
Triumph Group Company Profile
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