Triumph Group Inc. [TGI] Revenue clocked in at $2.90 billion, down -56.83% YTD: What’s Next?

Triumph Group Inc. [NYSE: TGI] stock went on an upward path that rose over 25.26% on Friday, amounting to a one-week price decrease of less than -2.42%. Over the last 12 months, TGI stock dropped by -46.62%. The one-year Triumph Group Inc. stock forecast points to a potential downside of -17.31. The average equity rating for TGI stock is currently 3.10, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $452.00 million, with 51.75 million shares outstanding and 51.11 million shares in the current float. Compared to the average trading volume of 2.42M shares, TGI stock reached a trading volume of 5439312 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Guru’s Opinion on Triumph Group Inc. [TGI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TGI shares is $9.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TGI stock is a recommendation set at 3.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA/Merrill have made an estimate for Triumph Group Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on March 20, 2020. While these analysts kept the previous recommendation, Barclays dropped their target price from $23 to $20. The new note on the price target was released on August 23, 2019, representing the official price target for Triumph Group Inc. stock. Previously, the target price had yet another raise to $35, while BofA/Merrill analysts kept a Buy rating on TGI stock.

The Average True Range (ATR) for Triumph Group Inc. is set at 1.47, with the Price to Sales ratio for TGI stock in the period of the last 12 months amounting to 0.16. Price to Free Cash Flow for TGI in the course of the last twelve months was 9.26 with Quick ratio for the last quarter at 1.10.

TGI Stock Performance Analysis:

Triumph Group Inc. [TGI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.42. With this latest performance, TGI shares gained by 124.02% in over the last four-week period, additionally sinking by -62.24% over the last 6 months – not to mention a drop of -46.62% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TGI stock in for the last two-week period is set at 60.04, with the RSI for the last a single of trading hit 59.43, and the three-weeks RSI is set at 57.65 for Triumph Group Inc. [TGI]. The present Moving Average for the last 50 days of trading for this stock 6.94, while it was recorded at 11.11 for the last single week of trading, and 18.05 for the last 200 days.

Insight into Triumph Group Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Triumph Group Inc. [TGI] shares currently have an operating margin of +6.79 and a Gross Margin at +15.67. Triumph Group Inc.’s Net Margin is presently recorded at -0.97.

Triumph Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.60.

TGI Stock EPS

With the latest financial reports released by the company, Triumph Group Inc. posted 0.46/share EPS, while the average EPS was predicted by analysts to be reported at 0.44/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TGI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Triumph Group Inc. go to -1.07%.

Triumph Group Inc. [TGI] Insider Position Details

There are presently around $564 million, in the hands of institutional investors. The top three institutional holders of TGI stocks are: BLACKROCK INC. with ownership of 7,637,360, which is approximately -6.612% of the company’s market cap and around 0.80% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 7,157,239 shares of the stock with an approximate value of $78.08 million in TGI stocks shares; and VANGUARD GROUP INC, currently with $67.58 million in TGI stock with ownership of nearly 5.91% of the company’s market capitalization.

Positions in Triumph Group Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 88 institutional holders increased their position in Triumph Group Inc. [NYSE:TGI] by around 6,117,899 shares. Additionally, 103 investors decreased positions by around 7,406,863 shares, while 24 investors held positions by with 38,213,728 shares. The mentioned changes placed institutional holdings at 51,738,490 shares, according to the latest SEC report filing. TGI stock had 30 new institutional investments in for a total of 1,942,138 shares, while 44 institutional investors sold positions of 1,984,326 shares during the same period.

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