Equities analysts expect Triumph Group, Inc. (NYSE:TGI) to announce sales of $792.79 million for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Triumph Group’s earnings. The highest sales estimate is $821.80 million and the lowest is $780.85 million. Triumph Group posted sales of $874.77 million during the same quarter last year, which would indicate a negative year over year growth rate of 9.4%. The company is scheduled to report its next quarterly earnings results on Thursday, November 2nd.

According to Zacks, analysts expect that Triumph Group will report full year sales of $792.79 million for the current fiscal year, with estimates ranging from $3.15 billion to $3.23 billion. For the next year, analysts anticipate that the business will report sales of $3.25 billion per share, with estimates ranging from $3.16 billion to $3.46 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Triumph Group.

Triumph Group (NYSE:TGI) last posted its quarterly earnings data 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). The company had revenue of $781.70 million for the quarter, compared to analysts’ expectations of $804.26 million. Triumph Group had a negative net margin of 1.89% and a positive return on equity of 28.96%. The business’s quarterly revenue was down 12.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.04 EPS.

A number of brokerages recently weighed in on TGI. ValuEngine upgraded shares of Triumph Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Credit Suisse Group dropped their target price on shares of Triumph Group from $40.00 to $37.00 and set an “outperform” rating for the company in a research report on Monday, August 21st. Canaccord Genuity upped their target price on shares of Triumph Group from $30.00 to $34.00 and gave the stock a “hold” rating in a research report on Thursday, May 25th. BidaskClub lowered shares of Triumph Group from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Finally, Standpoint Research lowered shares of 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 equities research analysts have rated the stock with a sell rating, six have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $30.33.

Shares of Triumph Group (NYSE:TGI) opened at 27.90 on Friday. The stock’s 50 day moving average is $26.59 and its 200 day moving average is $27.65. The stock’s market cap is $1.38 billion. Triumph Group has a 52-week low of $19.65 and a 52-week high of $34.80.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend was Wednesday, August 30th. Triumph Group’s payout ratio is -12.12%.

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Several institutional investors and hedge funds have recently made changes to their positions in the company. Arizona State Retirement System raised its stake in shares of Triumph Group by 0.4% in the second quarter. Arizona State Retirement System now owns 25,900 shares of the aerospace company’s stock valued at $818,000 after acquiring an additional 100 shares during the period. Wayne Hummer Investments L.L.C. raised its stake in shares of Triumph Group by 1.6% in the second quarter. Wayne Hummer Investments L.L.C. now owns 8,655 shares of the aerospace company’s stock valued at $273,000 after acquiring an additional 140 shares during the period. Wright Investors Service Inc. raised its stake in shares of Triumph Group by 1.3% in the second quarter. Wright Investors Service Inc. now owns 19,150 shares of the aerospace company’s stock valued at $605,000 after acquiring an additional 255 shares during the period. Texas Permanent School Fund raised its stake in shares of Triumph Group by 0.9% in the second quarter. Texas Permanent School Fund now owns 36,198 shares of the aerospace company’s stock valued at $1,144,000 after acquiring an additional 307 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Triumph Group by 1.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 32,371 shares of the aerospace company’s stock valued at $834,000 after acquiring an additional 386 shares during the period. 99.75% of the stock is currently owned by institutional investors and hedge funds.

Triumph Group Company Profile

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

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