After finishing at $11.77 in the prior trading day, Triumph Group Inc. (NYSE: TGI) closed at $11.68, down -0.76%. On the day, 783102 shares were traded. TGI stock price reached its highest trading level at $11.84 during the session, while it also had its lowest trading level at $11.64.
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Our goal is to gain a better understanding of TGI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.20.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 when Keating Neal J bought 10,000 shares for $10.93 per share. The transaction valued at 109,300 led to the insider holds 29,933 shares of the business.
Crowley Daniel J bought 6,018 shares of TGI for $66,258 on Mar 13. The Chairman, President and CEO now owns 694,959 shares after completing the transaction at $11.01 per share. On Mar 10, another insider, Crowley Daniel J, who serves as the Chairman, President and CEO of the company, bought 3,982 shares for $11.28 each. As a result, the insider paid 44,917 and bolstered with 688,941 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGI now has a Market Capitalization of 770.31M and an Enterprise Value of 2.25B. As of this moment, Triumph’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.57, and their Forward P/E ratio for the next fiscal year is 13.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56. Its current Enterprise Value per Revenue stands at 1.63 whereas that against EBITDA is 8.38.
Stock Price History:
Over the past 52 weeks, TGI has reached a high of $16.87, while it has fallen to a 52-week low of $7.84. The 50-Day Moving Average of the stock is 10.99, while the 200-Day Moving Average is calculated to be 11.14.
The stock has traded on average 1.09M shares per day over the past 3-months and 1.64M shares per day over the last 10 days, according to various share statistics. A total of 65.07M shares are outstanding, with a floating share count of 63.48M. Insiders hold about 0.50% of the company’s shares, while institutions hold 98.30% stake in the company. Shares short for TGI as of Apr 27, 2023 were 6.8M with a Short Ratio of 5.87M, compared to 7.68M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 10.46% and a Short% of Float of 14.80%.
Dividends & Splits
The current Payout Ratio is 0.00% for TGI, which recently paid a dividend on Mar 15, 2020 with an ex-dividend date of Feb 27, 2020. Stock splits for the company last occurred on Jul 14, 2011 when the company split stock in a 2:1 ratio.
Its stock is currently analyzed by 7 different market analysts. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of $0.02 and a low estimate of -$0.1, while EPS last year was $0.12. The consensus estimate for the next quarter is $0.01, with high estimates of $0.04 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.55 and $0.23 for the fiscal current year, implying an average EPS of $0.41. EPS for the following year is $0.8, with 7 analysts recommending between $1.05 and $0.6.
6 analysts predict $320.31M in revenue for the current quarter. It ranges from a high estimate of $338M to a low estimate of $300M. As of the current estimate, Triumph Group Inc.’s year-ago sales were $349.38M, an estimated decrease of -8.30% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $333.57M, an increase of 12.00% over than the figure of -$8.30% in the same quarter last year. There is a high estimate of $345M for the next quarter, whereas the lowest estimate is $329M.
A total of 7 analysts have provided revenue estimates for TGI’s current fiscal year. The highest revenue estimate was $1.45B, while the lowest revenue estimate was $1.4B, resulting in an average revenue estimate of $1.42B. In the same quarter a year ago, actual revenue was $1.38B, up 3.00% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.53B in the next fiscal year. The high estimate is $1.56B and the low estimate is $1.51B. The average revenue growth estimate for next year is up 8.00% from the average revenue estimate for this year.