Triumph Group Inc (NYSE:TGI) has received an average recommendation of “Hold” from the fourteen research firms that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $29.25.
TGI has been the topic of several recent analyst reports. Zacks Investment Research lowered Triumph Group from a “hold” rating to a “sell” rating in a research note on Monday, April 23rd. Barclays initiated coverage on Triumph Group in a research note on Thursday, March 29th. They issued an “equal weight” rating and a $28.00 price target on the stock. Vertical Research upgraded Triumph Group from a “hold” rating to a “buy” rating in a research note on Wednesday, May 16th. ValuEngine lowered Triumph Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 26th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $27.00 price target on shares of Triumph Group in a research note on Monday, April 23rd.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Triumph Group during the 1st quarter valued at $217,000. Principal Financial Group Inc. boosted its holdings in shares of Triumph Group by 2.5% during the 1st quarter. Principal Financial Group Inc. now owns 380,726 shares of the aerospace company’s stock valued at $9,594,000 after acquiring an additional 9,209 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of Triumph Group by 1.4% during the 1st quarter. Royal Bank of Canada now owns 384,088 shares of the aerospace company’s stock valued at $9,679,000 after acquiring an additional 5,337 shares in the last quarter. Private Capital Group LLC boosted its holdings in shares of Triumph Group by 1,189.7% during the 1st quarter. Private Capital Group LLC now owns 6,255 shares of the aerospace company’s stock valued at $158,000 after acquiring an additional 5,770 shares in the last quarter. Finally, Foundry Partners LLC acquired a new stake in shares of Triumph Group during the 1st quarter valued at $5,649,000.
Triumph Group opened at $19.05 on Tuesday, MarketBeat Ratings reports. Triumph Group has a fifty-two week low of $18.30 and a fifty-two week high of $34.58. The company has a debt-to-equity ratio of 3.16, a quick ratio of 0.50 and a current ratio of 1.94. The firm has a market cap of $959.58 million, a PE ratio of 7.53, a P/E/G ratio of 0.91 and a beta of 1.71.
Triumph Group (NYSE:TGI) last posted its quarterly earnings data 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. Triumph Group had a positive return on equity of 17.23% and a negative net margin of 13.11%. The firm had revenue of $896.90 million for the quarter, compared to analyst estimates of $826.92 million. During the same quarter last year, the company earned $2.81 EPS. The company’s revenue was down 2.5% on a year-over-year basis. equities research analysts expect that Triumph Group will post 1.79 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 15th. Investors of record on Friday, June 1st were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Thursday, May 31st. Triumph Group’s dividend payout ratio (DPR) is 6.32%.
About Triumph Group
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.
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.