Brokerages expect Triumph Group, Inc. (NYSE:TGI) to post $0.86 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Triumph Group’s earnings. The lowest EPS estimate is $0.77 and the highest is $0.95. Triumph Group posted earnings per share of $1.04 during the same quarter last year, which would suggest a negative year over year growth rate of 17.3%. The business is expected to announce its next quarterly earnings report on Thursday, July 27th.

According to Zacks, analysts expect that Triumph Group will report full-year earnings of $3.71 per share for the current year, with EPS estimates ranging from $3.50 to $3.85. For the next year, analysts forecast that the business will post earnings of $4.09 per share, with EPS estimates ranging from $4.08 to $4.10. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Triumph Group.

Triumph Group (NYSE:TGI) last released its quarterly earnings data on Wednesday, May 24th. The aerospace company reported $3.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.40 by $1.69. Triumph Group had a negative net margin of 1.22% and a positive return on equity of 32.58%. The business had revenue of $919.90 million for the quarter, compared to analysts’ expectations of $923.93 million. During the same quarter last year, the company earned $1.32 EPS. The company’s revenue for the quarter was down 13.0% compared to the same quarter last year.

A number of research analysts recently issued reports on TGI shares. Zacks Investment Research raised Triumph Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 21st. Royal Bank Of Canada reiterated a “buy” rating and issued a $35.00 price objective on shares of Triumph Group in a research report on Tuesday, April 18th. ValuEngine lowered Triumph Group from a “buy” rating to a “hold” rating in a research report on Friday, May 26th. Jefferies Group LLC reiterated a “buy” rating and issued a $37.00 price objective (up from $29.00) on shares of Triumph Group in a research report on Tuesday, May 30th. Finally, Standpoint Research lowered Triumph Group from a “buy” rating to a “reduce” rating in a research report on Thursday, May 25th. They noted that the move was a valuation call. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. Triumph Group has an average rating of “Hold” and an average target price of $32.50.

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Triumph Group (TGI) opened at 29.60 on Monday. The company has a 50-day moving average of $28.47 and a 200-day moving average of $26.94. The company’s market cap is $1.47 billion. Triumph Group has a 12 month low of $19.65 and a 12 month high of $40.09.

The business also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st were given a dividend of $0.04 per share. The ex-dividend date was Tuesday, May 30th. This represents a $0.16 annualized dividend and a dividend yield of 0.54%. Triumph Group’s payout ratio is currently -18.18%.

Institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new position in Triumph Group during the fourth quarter valued at about $7,918,000. Comerica Bank raised its position in Triumph Group by 5.6% in the fourth quarter. Comerica Bank now owns 37,211 shares of the aerospace company’s stock valued at $1,003,000 after buying an additional 1,965 shares during the last quarter. State Street Corp raised its position in Triumph Group by 21.7% in the fourth quarter. State Street Corp now owns 2,223,078 shares of the aerospace company’s stock valued at $58,912,000 after buying an additional 396,606 shares during the last quarter. Federated Investors Inc. PA raised its position in Triumph Group by 5.6% in the fourth quarter. Federated Investors Inc. PA now owns 47,615 shares of the aerospace company’s stock valued at $1,262,000 after buying an additional 2,509 shares during the last quarter. Finally, Menta Capital LLC raised its position in Triumph Group by 41.3% in the fourth quarter. Menta Capital LLC now owns 37,424 shares of the aerospace company’s stock valued at $992,000 after buying an additional 10,943 shares during the last quarter. Institutional investors own 99.75% of the company’s stock.

About Triumph Group

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