Shares of Triumph Group, Inc. (NYSE:TGI) have been assigned a consensus rating of “Hold” from the fifteen ratings firms that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell rating, six have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $30.00.

A number of research firms have weighed in on TGI. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $28.00 price target on shares of Triumph Group in a research report on Thursday, October 12th. Robert W. Baird reiterated a “buy” rating and issued a $34.00 price target on shares of Triumph Group in a research report on Thursday, October 12th. Jefferies Group LLC reiterated a “hold” rating and issued a $30.00 price target on shares of Triumph Group in a research report on Friday, September 29th. Royal Bank Of Canada reiterated a “buy” rating and issued a $33.00 price target on shares of Triumph Group in a research report on Friday, September 1st. Finally, ValuEngine upgraded shares of Triumph Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st.

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Several hedge funds have recently added to or reduced their stakes in the company. Riverhead Capital Management LLC raised its stake in Triumph Group by 56.8% during the second quarter. Riverhead Capital Management LLC now owns 3,763 shares of the aerospace company’s stock valued at $119,000 after purchasing an additional 1,363 shares in the last quarter. Thompson Siegel & Walmsley LLC purchased a new stake in Triumph Group during the second quarter valued at $149,000. Sei Investments Co. raised its stake in Triumph Group by 51.6% during the second quarter. Sei Investments Co. now owns 5,279 shares of the aerospace company’s stock valued at $167,000 after purchasing an additional 1,796 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in Triumph Group during the second quarter valued at $171,000. Finally, KCG Holdings Inc. purchased a new stake in Triumph Group during the first quarter valued at $201,000. 99.75% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Triumph Group (NYSE:TGI) traded down 0.63% during midday trading on Thursday, reaching $31.70. 97,231 shares of the company’s stock were exchanged. Triumph Group has a 12-month low of $19.65 and a 12-month high of $34.80. The stock’s market capitalization is $1.57 billion. The firm has a 50-day moving average of $29.83 and a 200-day moving average of $28.77.

Triumph Group (NYSE:TGI) last announced its earnings results on Wednesday, July 26th. The aerospace company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.63). The business had revenue of $781.70 million for the quarter, compared to the consensus estimate 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 firm posted $1.04 earnings per share. Analysts anticipate that Triumph Group will post $2.46 EPS for the current fiscal year.

About Triumph Group

Analyst Recommendations for Triumph Group (NYSE:TGI)

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