Triumph Group (TGI) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Triumph Group in the last year. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" TGI shares.
View TGI analyst ratings or view top-rated stocks.

4 Wall Street research analysts have issued 1-year target prices for Triumph Group's stock. Their TGI share price forecasts range from $8.00 to $14.00. On average, they predict the company's share price to reach $10.80 in the next year. This suggests a possible upside of 40.9% from the stock's current price.
View analysts price targets for TGI or view top-rated stocks among Wall Street analysts.

Triumph Group's stock was trading at $10.52 on January 1st, 2023. Since then, TGI shares have decreased by 27.1% and is now trading at $7.6650.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our TGI earnings forecast.

Triumph Group, Inc. (NYSE:TGI) issued its quarterly earnings results on Wednesday, August, 2nd. The aerospace company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.06. The aerospace company had revenue of $327.15 million for the quarter, compared to analysts' expectations of $322.57 million. Triumph Group had a negative trailing twelve-month return on equity of 5.53% and a net margin of 6.43%. The company's revenue was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 EPS.

ETFs with the largest weight of Triumph Group (NYSE:TGI) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), SPDR S&P Aerospace & Defense ETF (XAR), AdvisorShares Let Bob AI Powered Momentum ETF (LETB), First Trust Indxx Aerospace & Defense ETF (MISL), Invesco Aerospace & Defense ETF (PPA) and iShares U.S. Aerospace & Defense ETF (ITA).Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN).

Triumph Group updated its FY 2024 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.39 billion-$1.43 billion, compared to the consensus revenue estimate of $1.43 billion.

85 employees have rated Triumph Group Chief Executive Officer Daniel Crowley on Glassdoor.com. Daniel Crowley has an approval rating of 39% among the company's employees. This puts Daniel Crowley in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Triumph Group investors own include Walt Disney (DIS), Intel (INTC), RTX (RTX), AT&T (T), Exxon Mobil (XOM), Pfizer (PFE), Cisco Systems (CSCO), Micron Technology (MU), Occidental Petroleum (OXY) and Boeing (BA).

Triumph Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGI."

Shares of TGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TGI stock can currently be purchased for approximately $7.67.

Triumph Group (NYSE:TGI) has a market capitalization of $587.98 million and generates $1.38 billion in revenue each year. The aerospace company earns $89.59 million in net income (profit) each year or $1.25 on an earnings per share basis.

The company employs 4,937 workers across the globe.

Triumph Group's mailing address is 899 CASSATT ROAD SUITE 210, BERWYN PA, 19312. The official website for the company is www.triumphgroup.com. The aerospace company can be reached via phone at (610) 251-1000, via email at tquigley@triumphgroup.com, or via fax at 610-251-1555.