Brokerages expect Triumph Group, Inc. (NYSE:TGI) to post $0.30 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Triumph Group’s earnings. The lowest EPS estimate is $0.22 and the highest is $0.41. Triumph Group posted earnings of $0.70 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 57.1%. The company is expected to announce its next earnings results on Thursday, November 2nd.

On average, analysts expect that Triumph Group will report full-year earnings of $1.82 per share for the current financial year, with EPS estimates ranging from $1.51 to $2.50. For the next year, analysts forecast that the company will report earnings of $2.82 per share, with EPS estimates ranging from $2.56 to $3.30. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Triumph Group.

Triumph Group (NYSE:TGI) last posted its quarterly earnings results on Wednesday, July 26th. The aerospace company reported $0.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.87 by ($0.63). Triumph Group had a positive return on equity of 28.96% and a negative net margin of 1.89%. The business had revenue of $781.70 million during the quarter, compared to analysts’ expectations of $804.26 million. During the same quarter in the prior year, the firm earned $1.04 EPS. The firm’s revenue for the quarter was down 12.5% compared to the same quarter last year.

A number of analysts have recently weighed in on TGI shares. Royal Bank Of Canada reissued a “buy” rating and issued a $35.00 price objective on shares of Triumph Group in a research report on Friday, May 19th. ValuEngine raised Triumph Group from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Jefferies Group LLC reaffirmed a “buy” rating and set a $37.00 price target (up previously from $29.00) on shares of Triumph Group in a research report on Tuesday, May 30th. Robert W. Baird reaffirmed a “buy” rating and set a $34.00 price target on shares of Triumph Group in a research report on Friday, September 8th. Finally, TheStreet raised Triumph Group from a “d+” rating to a “c-” rating in a research report on Wednesday, July 26th. Five analysts have rated the stock with a sell rating, six have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $30.33.

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Triumph Group (NYSE:TGI) traded up 1.46% on Friday, hitting $27.75. The stock had a trading volume of 466,848 shares. The company has a 50-day moving average price of $26.51 and a 200 day moving average price of $27.65. Triumph Group has a 52-week low of $19.65 and a 52-week high of $34.80. The firm’s market cap is $1.38 billion.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.04 per share. The ex-dividend date is Wednesday, August 30th. This represents a $0.16 dividend on an annualized basis and a yield of 0.59%. Triumph Group’s dividend payout ratio is currently -12.12%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Riverhead Capital Management LLC raised its stake in shares of Triumph Group by 56.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,763 shares of the aerospace company’s stock valued at $119,000 after buying an additional 1,363 shares during the last quarter. Thompson Siegel & Walmsley LLC purchased a new position in shares of Triumph Group during the 2nd quarter valued at about $149,000. Bank of Montreal Can raised its stake in shares of Triumph Group by 8.0% during the 1st quarter. Bank of Montreal Can now owns 5,252 shares of the aerospace company’s stock valued at $135,000 after buying an additional 391 shares during the last quarter. Sei Investments Co. raised its stake in shares of Triumph Group by 51.6% during the 2nd quarter. Sei Investments Co. now owns 5,279 shares of the aerospace company’s stock valued at $167,000 after buying an additional 1,796 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new position in shares of Triumph Group during the 2nd quarter valued at about $171,000. Institutional investors and hedge funds own 99.75% of the company’s stock.

About Triumph Group

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Earnings History and Estimates for Triumph Group (NYSE:TGI)

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