As of Thursday close, Triumph Group Inc.’s (NYSE:TGI) stock was down -$0.03, moving down -0.38 percent to $7.81. The average number of shares traded per day over the past five days has been 2,123,060 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.92 fall in that time frame. In the last twenty days, the average volume was 1,380,445, while in the previous 50 days, it was 1,362,170.
Since last month, TGI stock retreated -16.02%. Shares of the company fell to $7.64 on 09/21/23, the lowest level in the past month. A 52-week high of $13.33 was reached on 07/12/23 after having rallying from a 52-week low of $7.83. Since the beginning of this year, TGI’s stock price has dropped by -25.76% or -$2.71, and marked a new high 14 times. However, the stock has declined by -41.41% since its 52-week high.
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TGI stock investors should be aware that Triumph Group Inc. (TGI) stock had its last reported insider trading activity 14 days ago on Sep 08. Quigley Thomas A. III, the VP, IR, M&A & Treasurer of the company, purchased of 2,500 shares for $8.55 on Sep 08. It resulted in a $21,388 investment by the insider. Keating Neal J added 10,000 shares at an average price of $8.04 on Aug 15. The insider now owns 51,787 shares following the transaction. On Mar 13, Director Keating Neal J bought 10,000 shares at $10.93 apiece. The transaction was valued at $109,300.
Valuation Metrics
Right now, Triumph Group Inc. (TGI) has a P/E ratio of about 6.25. The stock’s beta is 2.65.
The latest dividend of $0.04 per share was paid out, remained unchanged from last year’s $0.04.
Financial Health
In the recent quarter, Triumph Group Inc.’s quick ratio stood at 1.30, while its current ratio was 2.50, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 29.30% percent. In the recent year, EBITDA margin amounted to 12.84%, whereas operating margins totaled 15.00%. Based on annual data, TGI earned $387.53 million in gross profit and brought in $1.38 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 22.20%. Return on equity (ROE) for the past 12 months was -11.10%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. TGI’s revenue fell -6.8% to $393.29 million during the quarter, while net income inched up to $327.15 million. During the quarter, the company generated $19.07 million in EBITDA. The liabilities of Triumph Group Inc. were 2.4 billion at the end of its most recent quarter, and its total debt was $1.68 billion. The value of shareholders’ equity is $76.71 million.
Technical Picture
This quick technical analysis looks at Triumph Group Inc.’s (TGI) price momentum. With a historical volatility rate of 37.78%, the RSI 9-day stood at 22.91% on 21 September.
With respect to its five-day moving average, the current Triumph Group Inc. price is down by -10.54% percent or -$0.92. At present, TGI shares trade -16.47% below its 20-day simple moving average and -27.75% percent below its 100-day simple moving average. However, the stock is currently trading approximately -37.52% below its SMA50 and -34.53% below its SMA200.
Stochastic coefficient K was 3.49% and Stochastic coefficient D was 5.30%, while ATR was 0.39. Given the Stochastic reading of 8.63% for the 14-day period, the RSI (14) reading has been calculated as 28.58%. As of today, the MACD Oscillator reading stands at -0.46, while the 14-day reading stands at -0.68.
Analyst Ratings
Triumph Group Inc. downgraded its rating on Triumph Group Inc. (NYSE: TGI) to an Underperform in a note to investors on August 11, 2023. The analysts firm previously had a Buy rating on the stock.Triumph Group Inc. (TGI) has been rated Hold by analysts. According to 2 brokerage firms, TGI is a sell, and 4 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 0 analysts rate Triumph Group Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $12.00, the current consensus forecast for the stock is $8.00 – $17.00. Based on these forecasts, analysts predict Triumph Group Inc. (TGI) will achieve an average price target of $12.13.
