Triumph Group - TGI Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Triumph Group in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TGI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TGI, but not buy additional shares or sell existing shares.
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5 brokers have issued 12-month price objectives for Triumph Group's stock. Their TGI share price forecasts range from $9.00 to $24.00. On average, they predict the company's stock price to reach $13.83 in the next twelve months. This suggests a possible upside of 26.3% from the stock's current price.
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Triumph Group's stock was trading at $10.52 on January 1st, 2023. Since then, TGI shares have increased by 4.1% and is now trading at $10.95.
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Triumph Group saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 6,070,000 shares, an increase of 43.2% from the January 31st total of 4,240,000 shares. Based on an average trading volume of 890,600 shares, the short-interest ratio is currently 6.8 days. Approximately 9.5% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 17th 2023.
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Triumph Group, Inc. (NYSE:TGI) issued its quarterly earnings data on Wednesday, February, 1st. The aerospace company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. The aerospace company had revenue of $328.86 million for the quarter, compared to the consensus estimate of $308.13 million. Triumph Group had a net margin of 7.04% and a negative trailing twelve-month return on equity of 6.20%. The company's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.21 earnings per share.

ETFs with the largest weight of Triumph Group (NYSE:TGI) stock in their portfolio include SPDR S&P Aerospace & Defense ETF (XAR), Invesco S&P SmallCap Industrials ETF (PSCI), First Trust Indxx Aerospace & Defense ETF (MISL), iShares U.S. Aerospace & Defense ETF (ITA) and Invesco Aerospace & Defense ETF (PPA).Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) and

Triumph Group issued an update on its FY 2023 earnings guidance on Wednesday, February, 1st. The company provided earnings per share guidance of $0.48-$0.68 for the period, compared to the consensus estimate of $0.50. The company issued revenue guidance of $1.30 billion-$1.35 billion, compared to the consensus revenue estimate of $1.31 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), Raytheon Technologies (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."

Triumph Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (13.45%), Maple Rock Capital Partners Inc. (3.71%), Morgan Stanley (2.22%), Geode Capital Management LLC (1.81%), Penn Capital Management Company LLC (1.34%) and Fisher Asset Management LLC (1.26%). Insiders that own company stock include Daniel J Crowley, Neal J Keating, Peter K A Wick and Richard A Goglia.
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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 $10.95.

Triumph Group (NYSE:TGI) has a market capitalization of $711.86 million and generates $1.46 billion in revenue each year. The aerospace company earns $-42,760,000.00 in net income (profit) each year or $1.39 on an earnings per share basis.

The company employs 6,041 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.