Triumph Group Inc. [TGI] stock Downgrade by BofA Securities analyst, price target now $12

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Triumph Group Inc. [NYSE: TGI] closed the trading session at $14.12.

The stocks have a year to date performance of -14.84 percent and weekly performance of 15.08 percent. The stock has been moved at 2.62 percent over the last six months. The stock has performed 7.21 percent around the most recent 30 days and changed -12.79 percent over the most recent 3-months.

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If compared to the average trading volume of 863.32K shares, TGI reached to a volume of 5526258 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $15.11 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 2.67. 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 Securities have made an estimate for Triumph Group Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on September 24, 2024. While these analysts kept the previous recommendation, Truist dropped their target price from $17 to $15. The new note on the price target was released on August 21, 2024, representing the official price target for Triumph Group Inc. stock. Previously, the target price had yet another drop from $19 to $15, while Goldman kept a Neutral rating on TGI stock. On August 12, 2024, analysts decreased their price target for TGI shares from 20 to 14.

The Average True Range (ATR) for Triumph Group Inc. is set at 0.77, with the Price to Sales ratio for TGI stock in the period of the last 12 months amounting to 0.85.

TGI stock trade performance evaluation

Triumph Group Inc. [TGI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.08. With this latest performance, TGI shares gained by 7.21% in over the last four-week period, additionally plugging by 2.62% over the last 6 months – not to mention a rise of 84.33% 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 59.43, with the RSI for the last a single of trading hit 65.00, and the three-weeks RSI is set at 55.63 for Triumph Group Inc. [TGI]. The present Moving Average for the last 50 days of trading for this stock 13.40, while it was recorded at 12.49 for the last single week of trading, and 14.51 for the last 200 days.

Triumph Group Inc. [TGI]: An insightful look at the core fundamentals

Triumph Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.29 and a Current Ratio set at 2.47.

Earnings per share (EPS) analysis for Triumph Group Inc. [TGI] stock

With the latest financial reports released by the company, Triumph Group Inc. posted 0.01/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. 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 1.70%.

Triumph Group Inc. [TGI]: Institutional Ownership

There are presently around $97.29%, or 99.42%% of TGI stock, in the hands of institutional investors. The top three institutional holders of TGI stocks are: BLACKROCK INC. with ownership of 11.93 million shares, which is approximately 16.0892%. VANGUARD GROUP INC, holding 6.82 million shares of the stock with an approximate value of $$105.03 million in TGI stocks shares; and VANGUARD GROUP INC, currently with $$91.71 million in TGI stock with ownership which is approximately 8.0263%.

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