Triumph Group (NYSE:TGI) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Triumph Group (NYSE:TGI) in a report issued on Sunday morning. The brokerage issued a hold rating on the aerospace company’s stock.

Other equities analysts have also issued research reports about the company. Wolfe Research lowered Triumph Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, February 10th. Robert W. Baird reiterated a “neutral” rating and issued a $26.00 price objective (up previously from $20.00) on shares of Triumph Group in a report on Tuesday, February 4th. Barclays downgraded Triumph Group from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $21.00 to $26.00 in a report on Thursday, February 6th. TD Cowen upgraded Triumph Group to a “hold” rating in a report on Thursday, December 19th. Finally, Baird R W downgraded Triumph Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Two analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. According to data from MarketBeat.com, Triumph Group currently has a consensus rating of “Hold” and an average target price of $18.78.

Triumph Group Stock Up 0.0 %

Shares of Triumph Group stock opened at $25.26 on Friday. Triumph Group has a 52 week low of $11.01 and a 52 week high of $25.41. The business’s fifty day simple moving average is $22.29 and its 200-day simple moving average is $18.04. The firm has a market cap of $1.95 billion, a PE ratio of 3.51 and a beta of 2.53.

Triumph Group (NYSE:TGI) last announced its quarterly earnings results on Monday, February 10th. The aerospace company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.24 by $0.03. Triumph Group had a negative return on equity of 55.18% and a net margin of 45.08%. As a group, equities analysts expect that Triumph Group will post 0.68 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Sterling Capital Management LLC increased its holdings in shares of Triumph Group by 804.2% in the 4th quarter. Sterling Capital Management LLC now owns 2,351 shares of the aerospace company’s stock valued at $44,000 after acquiring an additional 2,091 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. increased its holdings in shares of Triumph Group by 58.1% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 6,761 shares of the aerospace company’s stock valued at $126,000 after acquiring an additional 2,484 shares during the last quarter. Brevan Howard Capital Management LP increased its holdings in shares of Triumph Group by 17.1% in the 4th quarter. Brevan Howard Capital Management LP now owns 12,306 shares of the aerospace company’s stock valued at $230,000 after acquiring an additional 1,798 shares during the last quarter. Capula Management Ltd purchased a new position in shares of Triumph Group in the 4th quarter valued at about $297,000. Finally, Cornerstone Wealth Management LLC increased its holdings in shares of Triumph Group by 3.8% in the 4th quarter. Cornerstone Wealth Management LLC now owns 15,964 shares of the aerospace company’s stock valued at $298,000 after acquiring an additional 580 shares during the last quarter. Hedge funds and other institutional investors own 94.53% of the company’s stock.

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.