As of close of business last night, Triumph Group Inc.’s stock clocked out at $13.72, down -2.00% from its previous closing price of $14.00. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 759090 shares were traded.
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 1.65 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, BofA Securities on January 25, 2024, Upgraded its rating to Buy and sets its target price to $21 from $9 previously.
On January 16, 2024, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $13 to $20.
Barclays Upgraded its Equal Weight to Overweight on January 05, 2024, while the target price for the stock was maintained at $20.
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 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 1.05B and an Enterprise Value of 2.52B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78. Its current Enterprise Value per Revenue stands at 1.79 whereas that against EBITDA is 17.67.
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 15.12, while the 200-Day Moving Average is calculated to be 11.47.
Shares Statistics:
It appears that TGI traded 1.07M shares on average per day over the past three months and 886.5k 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 94.49% stake in the company. Shares short for TGI as of Feb 29, 2024 were 4.24M with a Short Ratio of 3.97, compared to 3.29M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.51% and a Short% of Float of 7.63%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.81. The current Payout Ratio is 0.00% for TGI, which recently paid a dividend on Mar 16, 2020 with an ex-dividend date of Feb 28, 2020. Stock splits for the company last occurred on Jul 15, 2011 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.24 for the current quarter, with a high estimate of $0.49 and a low estimate of -$0.04, while EPS last year was $0.39. The consensus estimate for the next quarter is $0.07, with high estimates of $0.14 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.05 and -$0.41 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is $0.72, with 7 analysts recommending between $0.95 and $0.42.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $354.94M. It ranges from a high estimate of $376.33M to a low estimate of $336M. As of the current estimate, Triumph Group Inc.’s year-ago sales were $393.29M, an estimated decrease of -9.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $312.4M, a decrease of -3.10% over than the figure of -$9.80% in the same quarter last year. There is a high estimate of $333.8M for the next quarter, whereas the lowest estimate is $291M.
A total of 5 analysts have provided revenue estimates for TGI’s current fiscal year. The highest revenue estimate was $1.34B, while the lowest revenue estimate was $1.17B, resulting in an average revenue estimate of $1.24B. In the same quarter a year ago, actual revenue was $1.38B, down -10.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.29B in the next fiscal year. The high estimate is $1.35B and the low estimate is $1.25B. The average revenue growth estimate for next year is up 4.30% from the average revenue estimate for this year.
