Triumph Group (NYSE:TGI) Announces Earnings Results, Misses Estimates By $0.01 EPS

Triumph Group (NYSE:TGI) announced its earnings results on Wednesday. The aerospace company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01), RTT News reports. Triumph Group had a net margin of 39.09% and a negative return on equity of 0.78%. The company had revenue of $281.00 million during the quarter, compared to the consensus estimate of $274.64 million. During the same quarter in the prior year, the company earned ($0.10) EPS. The business’s quarterly revenue was up 6.5% on a year-over-year basis. Triumph Group updated its FY25 guidance to $0.52 EPS and its FY 2025 guidance to 0.520-0.520 EPS.

Triumph Group Stock Down 0.6 %

Triumph Group stock opened at $13.48 on Friday. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 2.03, a price-to-earnings-growth ratio of 18.71 and a beta of 2.53. Triumph Group has a 12 month low of $7.00 and a 12 month high of $17.87. The business has a 50 day moving average price of $15.46 and a two-hundred day moving average price of $14.75.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised Triumph Group from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $13.00 to $17.00 in a research report on Monday, April 15th. TD Cowen restated a “hold” rating and set a $14.00 price objective (down from $19.50) on shares of Triumph Group in a research report on Tuesday, May 28th. StockNews.com downgraded Triumph Group from a “buy” rating to a “hold” rating in a report on Saturday, June 1st. Barclays lowered their target price on Triumph Group from $20.00 to $18.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 29th. Finally, The Goldman Sachs Group increased their target price on Triumph Group from $18.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $18.13.

Insider Transactions at Triumph Group

In other Triumph Group news, Director Cynthia M. Egnotovich purchased 10,000 shares of the stock in a transaction on Thursday, June 6th. The shares were purchased at an average price of $15.14 per share, with a total value of $151,400.00. Following the completion of the transaction, the director now directly owns 32,561 shares in the company, valued at $492,973.54. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.31% of the stock is owned by corporate insiders.

About Triumph Group

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aircraft, aircraft components, accessories, subassemblies, and systems worldwide. It operates in two segments, Triumph Systems & Support, and Triumph Interiors. The company offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, control system valve bodies, landing gear actuation systems, electronic engine controls, landing gear components and assemblies, cyber protected process controllers, main engine gearbox assemblies, geared transmissions and drive train components, main fuel pumps, fuel-metering units, primary and secondary flight control systems, and vibration absorbers.