Market Highlights: Triumph Group Inc. (TGI) Ends on a Low Note at 12.77

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The price of Triumph Group Inc. (NYSE: TGI) closed at $12.77 in the last session, down -1.39% from day before closing price of $12.95. In other words, the price has decreased by -$1.39 from its previous closing price. On the day, 0.63 million shares were traded. TGI stock price reached its highest trading level at $13.01 during the session, while it also had its lowest trading level at $12.695.

Ratios:

We take a closer look at TGI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 2.47.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on September 24, 2024, Downgraded its rating to Underperform and sets its target price to $12 from $17 previously.

On August 21, 2024, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $17 to $15.

Goldman Downgraded its Buy to Neutral on August 13, 2024, whereas the target price for the stock was revised from $19 to $15.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 06 ’24 when EGNOTOVICH CYNTHIA M bought 10,000 shares for $15.14 per share. The transaction valued at 151,351 led to the insider holds 32,561 shares of the business.

Keating Neal J bought 10,000 shares of TGI for $141,275 on Jun 04 ’24. The Director now owns 68,987 shares after completing the transaction at $14.13 per share. On Feb 09 ’24, another insider, Keating Neal J, who serves as the Director of the company, bought 7,200 shares for $14.53 each. As a result, the insider paid 104,616 and bolstered with 58,987 shares of the company.

Valuation Measures:

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 987467136 and an Enterprise Value of 1795044736. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77. Its current Enterprise Value per Revenue stands at 1.484 whereas that against EBITDA is 12.108.

Stock Price History:

Over the past 52 weeks, TGI has reached a high of $17.87, while it has fallen to a 52-week low of $7.00. The 50-Day Moving Average of the stock is -11.11%, while the 200-Day Moving Average is calculated to be -11.97%.

Shares Statistics:

According to the various share statistics, TGI traded on average about 835.78K shares per day over the past 3-months and 911960 shares per day over the past 10 days. A total of 76.92M shares are outstanding, with a floating share count of 75.68M. Insiders hold about 2.13% of the company’s shares, while institutions hold 96.36% stake in the company. Shares short for TGI as of 1724976000 were 6894827 with a Short Ratio of 8.70, compared to 1722384000 on 5491295. Therefore, it implies a Short% of Shares Outstanding of 6894827 and a Short% of Float of 10.9.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.81.

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