Triumph Group (TGI) Set to Announce Quarterly Earnings on Wednesday
Triumph Group (NYSE:TGI) is set to announce its Q314 earnings results on Wednesday, January 29th. Analysts expect the company to announce earnings of $1.20 per share and revenue of $966.33 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
Triumph Group (NYSE:TGI) opened at 77.53 on Tuesday. Triumph Group has a 1-year low of $67.90 and a 1-year high of $85.50. The stock’s 50-day moving average is $75.95 and its 200-day moving average is $74.7. The company has a market cap of $4.017 billion and a price-to-earnings ratio of 15.06.
Several analysts have recently commented on the stock. Analysts at Topeka Capital Markets initiated coverage on shares of Triumph Group in a research note to investors on Tuesday, January 21st. They set a “hold” rating on the stock. On a related note, analysts at JPMorgan Chase & Co. initiated coverage on shares of Triumph Group in a research note to investors on Tuesday, December 17th. They set an “overweight” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Triumph Group in a research note to investors on Thursday, October 31st. They now have a $85.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $83.27.
Triumph Group, Inc (NYSE:TGI) designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems.
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