Equities research analysts forecast that Triumph Group Inc (NYSE:TGI) will post earnings of $1.01 per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Triumph Group’s earnings, with estimates ranging from $0.88 to $1.18. Triumph Group reported earnings per share of ($2.57) in the same quarter last year, which indicates a positive year-over-year growth rate of 139.3%. The company is scheduled to issue its next earnings report on Wednesday, May 23rd.
According to Zacks, analysts expect that Triumph Group will report full year earnings of $2.55 per share for the current year, with EPS estimates ranging from $2.40 to $2.70. For the next financial year, analysts expect that the firm will report earnings of $2.69 per share, with EPS estimates ranging from $2.05 to $2.95. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Triumph Group.
Triumph Group (NYSE:TGI) last issued its quarterly earnings data on Thursday, February 1st. The aerospace company reported $0.76 EPS for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.11. The business had revenue of $775.25 million for the quarter, compared to analyst estimates of $769.08 million. Triumph Group had a positive return on equity of 27.59% and a negative net margin of 7.68%. The firm’s revenue for the quarter was down 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.01 EPS.
In other Triumph Group news, Director Joseph Silvestri sold 3,670 shares of the firm’s stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of $27.95, for a total value of $102,576.50. Following the completion of the sale, the director now owns 105,408 shares in the company, valued at approximately $2,946,153.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.80% of the stock is currently owned by company insiders.
Several hedge funds have recently made changes to their positions in the business. Meitav Dash Investments Ltd. bought a new stake in shares of Triumph Group in the 4th quarter worth approximately $304,000. MetLife Investment Advisors LLC bought a new stake in shares of Triumph Group in the 4th quarter worth approximately $655,000. Vident Investment Advisory LLC lifted its position in shares of Triumph Group by 6.5% in the 4th quarter. Vident Investment Advisory LLC now owns 99,970 shares of the aerospace company’s stock worth $2,719,000 after acquiring an additional 6,105 shares during the period. TIAA CREF Investment Management LLC lifted its position in shares of Triumph Group by 17.6% in the 4th quarter. TIAA CREF Investment Management LLC now owns 711,099 shares of the aerospace company’s stock worth $19,342,000 after acquiring an additional 106,460 shares during the period. Finally, Teachers Advisors LLC lifted its position in shares of Triumph Group by 25.8% in the 4th quarter. Teachers Advisors LLC now owns 2,067,926 shares of the aerospace company’s stock worth $56,248,000 after acquiring an additional 424,142 shares during the period.
Triumph Group (NYSE:TGI) traded down $0.05 on Monday, reaching $28.75. The company’s stock had a trading volume of 680,330 shares, compared to its average volume of 648,922. The firm has a market cap of $1,430.00, a price-to-earnings ratio of -5.27, a P/E/G ratio of 0.95 and a beta of 1.69. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.84 and a quick ratio of 0.42. Triumph Group has a 12-month low of $19.65 and a 12-month high of $34.80.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be given a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.56%. Triumph Group’s dividend payout ratio is currently -2.93%.
Triumph Group Company Profile
Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aircraft components, accessories, subassemblies and systems. The Company offers a range of products and services to the aerospace industry through three segments: Triumph Aerostructures Group, whose companies are engaged in the design, manufacture, assembly and integration of metallic and composite aerostructures and structural components for the aerospace original equipment manufacturer (OEM) market; Triumph Aerospace Systems Group, whose companies design, engineer and manufacture a range of build-to-print components, assemblies and systems also for the OEM market, and Triumph Aftermarket Services Group, whose companies serve aircraft fleets, such as commercial airlines, the United States military and cargo carriers, through the maintenance, repair and overhaul (MRO) of aircraft components and accessories manufactured by third parties.
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