Triumph Group - TGI Stock Forecast, Price & News

Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. It operates in two segments, Triumph Systems & Support, and Triumph Aerospace Structures. The company offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, control system valve bodies, landing gear actuation systems, electronic engine controls, landing gear components and assemblies, exhaust nozzles and ducting, main engine gearbox assemblies, geared transmissions and drive train components, main fuel pumps, fuel-metering units, primary and secondary flight control systems, and vibration absorbers. It also designs, manufactures, and repairs composite and metal bonding, flight control surfaces, engine nacelles, empennages, wing flaps, acoustic and thermal insulation systems, and composite ducts and floor panels, as well as provides integrated testing and certification services; and fuselage panels, horizontal and vertical tails, and floor grids. In addition, the company offers air cycle machines, blades and vanes, auxiliary power units, constant speed drives, combustors, engine and airframe accessories, stators, flight control surfaces, transition ducts, integrated drive generators, sidewalls, nacelles, light assemblies, remote sensors, overhead bins, thrust reversers, and fuel bladder cells, as well as cabin panes, shades, light lenses, and other components. It serves original equipment manufacturers of commercial, regional, and military aircraft; and aircraft components, as well as business jets and regional airlines, and air cargo carriers. Triumph Group, Inc. was incorporated in 1993 and is headquartered in Berwyn, Pennsylvania.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TGI shares. UBS Group cut their price target on Triumph Group to $24.00 and set a "hold" rating for the company in a report on Thursday, May 19th. Robert W. Baird cut their price target on Triumph Group from $36.00 to $26.00 and set an "outperform" rating for the company in a report on Thursday, May 19th. StockNews.com downgraded Triumph Group from a "hold" rating to a "sell" rating in a report on Thursday, August 4th. The Goldman Sachs Group cut their price target on Triumph Group from $18.00 to $16.00 and set a "neutral" rating for the company in a report on Tuesday, July 12th. Finally, Barclays cut their price target on Triumph Group from $20.00 to $13.00 in a report on Tuesday, June 21st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Triumph Group presently has an average rating of "Hold" and a consensus price target of $20.83.

Triumph Group Stock Down 0.4 %

TGI Stock opened at $15.46 on Wednesday. The company has a market cap of $1.00 billion, a PE ratio of -44.17, a price-to-earnings-growth ratio of 18.12 and a beta of 2.66. The business has a 50-day simple moving average of $13.94 and a 200 day simple moving average of $19.24. Triumph Group has a 52 week low of $11.47 and a 52 week high of $27.85.

Triumph Group (NYSE:TGI - Get Rating) last posted its quarterly earnings results on Wednesday, May 18th. The aerospace company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.41 by ($0.02). Triumph Group had a negative net margin of 1.61% and a negative return on equity of 6.61%. The company had revenue of $386.70 million during the quarter, compared to analyst estimates of $405.19 million. During the same period last year, the firm earned $0.10 EPS. The firm's revenue for the quarter was down 17.2% compared to the same quarter last year. On average, analysts anticipate that Triumph Group will post 0.33 EPS for the current fiscal year.

Insider Buying and Selling at Triumph Group

In other Triumph Group news, Director Neal J. Keating bought 8,000 shares of the firm's stock in a transaction on Friday, May 27th. The shares were purchased at an average price of $15.47 per share, for a total transaction of $123,760.00. Following the completion of the transaction, the director now directly owns 9,080 shares in the company, valued at approximately $140,467.60. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.90% of the company's stock.