Triumph Financial (NASDAQ:TFIN) Reaches New 1-Year Low - Time to Sell?

Triumph Financial, Inc. (NASDAQ:TFIN - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $42.90 and last traded at $48.62, with a volume of 1033324 shares traded. The stock had previously closed at $49.95.

Analysts Set New Price Targets

TFIN has been the subject of a number of research reports. B. Riley restated a "neutral" rating and issued a $55.00 price objective (down previously from $65.00) on shares of Triumph Financial in a report on Wednesday. Stephens reaffirmed an "equal weight" rating and set a $109.00 price objective on shares of Triumph Financial in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods reduced their price objective on Triumph Financial from $68.00 to $56.00 and set a "market perform" rating on the stock in a research note on Monday. Finally, DA Davidson lowered their target price on Triumph Financial from $68.00 to $56.00 and set a "neutral" rating for the company in a research note on Monday. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $68.20.

Triumph Financial Stock Up 3.6 %

The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.18 billion, a PE ratio of 92.93 and a beta of 1.18. The firm's fifty day moving average is $59.63 and its 200-day moving average is $79.77.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 16th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). The company had revenue of $101.57 million for the quarter, compared to analysts' expectations of $104.49 million. Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. During the same quarter in the prior year, the business posted $0.14 EPS. On average, equities research analysts predict that Triumph Financial, Inc. will post 1.08 earnings per share for the current year.

Institutional Investors Weigh In On Triumph Financial

Several hedge funds and other institutional investors have recently modified their holdings of TFIN. Precision Wealth Strategies LLC raised its holdings in shares of Triumph Financial by 9.7% during the first quarter. Precision Wealth Strategies LLC now owns 5,871 shares of the company's stock worth $339,000 after purchasing an additional 517 shares during the period. GAMMA Investing LLC grew its position in shares of Triumph Financial by 84.7% during the 1st quarter. GAMMA Investing LLC now owns 698 shares of the company's stock valued at $40,000 after buying an additional 320 shares during the last quarter. NBC Securities Inc. raised its stake in Triumph Financial by 88,233.3% during the first quarter. NBC Securities Inc. now owns 2,650 shares of the company's stock worth $153,000 after acquiring an additional 2,647 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Triumph Financial by 11.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,234 shares of the company's stock worth $5,201,000 after acquiring an additional 5,782 shares during the last quarter. Finally, Sovereign s Capital Management LLC acquired a new position in Triumph Financial in the fourth quarter valued at approximately $637,000. Institutional investors own 91.11% of the company's stock.

Triumph Financial Company Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.