Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Triumph Group Inc. (NYSE: TGI) was $13.01 for the day, down -4.27% from the previous closing price of $13.59. In other words, the price has decreased by -$4.27 from its previous closing price. On the day, 0.64 million shares were traded. TGI stock price reached its highest trading level at $13.68 during the session, while it also had its lowest trading level at $12.99.
Ratios:
Our analysis of TGI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 2.66.
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 April 15, 2024, Upgraded its rating to Neutral and sets its target price to $17 from $13 previously.
On March 28, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $18.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 09 ’24 when Keating Neal J bought 7,200 shares for $14.53 per share. The transaction valued at 104,616 led to the insider holds 58,987 shares of the business.
Quigley Thomas A. III bought 2,500 shares of TGI for $21,388 on Sep 08 ’23. The VP, IR, M&A & Treasurer now owns 36,766 shares after completing the transaction at $8.55 per share. On Aug 15 ’23, another insider, Keating Neal J, who serves as the Director of the company, bought 10,000 shares for $8.04 each. As a result, the insider paid 80,400 and bolstered with 51,787 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 1000027904 and an Enterprise Value of 2468280576. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74. Its current Enterprise Value per Revenue stands at 1.754 whereas that against EBITDA is 13.817.
Stock Price History:
Over the past 52 weeks, TGI has reached a high of $17.27, while it has fallen to a 52-week low of $7.00. The 50-Day Moving Average of the stock is -9.38%, while the 200-Day Moving Average is calculated to be 11.00%.
Shares Statistics:
TGI traded an average of 821.00K shares per day over the past three months and 525410 shares per day over the past ten days. A total of 76.87M shares are outstanding, with a floating share count of 75.43M. Insiders hold about 1.87% of the company’s shares, while institutions hold 94.46% stake in the company. Shares short for TGI as of 1711584000 were 5870973 with a Short Ratio of 7.15, compared to 1709164800 on 4236953. Therefore, it implies a Short% of Shares Outstanding of 5870973 and a Short% of Float of 10.569999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.81.
Earnings Estimates
The market rating of Triumph Group Inc. (TGI) is currently shaped by the ongoing analysis conducted by TGIF analysts closely monitoring its performance.The consensus estimate for the next quarter is $164.47, with high estimates of $1.83 and low estimates of $2.45.
Analysts are recommending an EPS of between $Healthcare and $Basic Materials for the fiscal current year, implying an average EPS of $Consumer Defensive.
