Quarterly Metrics: Quick and Current Ratios for Triumph Group Inc (TGI)

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As of close of business last night, Triumph Group Inc’s stock clocked out at $19.18, up 2.24% from its previous closing price of $18.76. In other words, the price has increased by $2.24 from its previous closing price. On the day, 1.13 million shares were traded. TGI stock price reached its highest trading level at $19.18 during the session, while it also had its lowest trading level at $18.51.

Ratios:

To gain a deeper understanding of TGI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.19 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, JP Morgan on October 14, 2024, Downgraded its rating to Underweight and sets its target price to $12 from $15 previously.

On September 24, 2024, BofA Securities Downgraded its rating to Underperform which previously was Buy and also lowered its target price recommendation from $17 to $12.

Truist Downgraded its Buy to Hold on August 21, 2024, whereas the target price for the stock was revised from $17 to $15.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future 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 1483578880 and an Enterprise Value of 2344432384. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22. Its current Enterprise Value per Revenue stands at 1.934 whereas that against EBITDA is 14.955.

Stock Price History:

Over the past 52 weeks, TGI has reached a high of $19.71, while it has fallen to a 52-week low of $10.57. The 50-Day Moving Average of the stock is 31.70%, while the 200-Day Moving Average is calculated to be 32.34%.

Shares Statistics:

It appears that TGI traded 968.96K shares on average per day over the past three months and 1021070 shares per day over the past ten days. A total of 76.92M shares are outstanding, with a floating share count of 75.71M. Insiders hold about 2.13% of the company’s shares, while institutions hold 103.19% stake in the company. Shares short for TGI as of 1730332800 were 8719143 with a Short Ratio of 9.00, compared to 1727654400 on 8623432. Therefore, it implies a Short% of Shares Outstanding of 8719143 and a Short% of Float of 13.79.

Dividends & Splits

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

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