In last trading session, Triumph Group Inc. (NYSE:TGI) saw 1.11 million shares changing hands with its beta currently measuring 2.50. Company’s recent per share price level of $15.01 trading at $0.02 or 0.13% at ring of the bell on the day assigns it a market valuation of $1.16B. That closing price of TGI’s stock is at a discount of -19.05% from its 52-week high price of $17.87 and is indicating a premium of 52.1% from its 52-week low price of $7.19. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.74 million shares which gives us an average trading volume of 1.02 million if we extend that period to 3-months.
For Triumph Group Inc. (TGI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.70. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.0 in the current quarter.
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Triumph Group Inc. (NYSE:TGI) trade information
Upright in the green during last session for gaining 0.13%, in the last five days TGI remained trading in the green while hitting it’s week-highest on Thursday, 10/17/24 when the stock touched $15.01 price level, adding 3.29% to its value on the day. Triumph Group Inc.’s shares saw a change of -9.47% in year-to-date performance and have moved 0.07% in past 5-day. Triumph Group Inc. (NYSE:TGI) showed a performance of 10.94% in past 30-days. Number of shares sold short was 8.62 million shares which calculate 10.77 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a rise of 6.19% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would jump 20.05% in reaching the projected high whereas dropping to the targeted low would mean a gain of 20.05% for stock’s current value.
Triumph Group Inc. (TGI) estimates and forecasts
Statistics highlight that Triumph Group Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 17.08% of value to its shares in past 6 months, showing an annual growth rate of 766.67% while that of industry is 17.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.60% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 283.18M for the same. And 8 analysts are in estimates of company making revenue of 293.7M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 40.48% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 803.00% while estimates for its earnings growth in next 5 years are of 1.70%.
Triumph Group Inc. (NYSE:TGI)’s Major holders
Insiders are in possession of 2.14% of company’s total shares while institution are holding 97.61 percent of that, with stock having share float percentage of 99.74%. Investors also watch the number of corporate investors in a company very closely, which is 97.61% institutions for Triumph Group Inc. that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at TGI for having 11.93 million shares of worth $183.84 million. And as of 2024-06-30, it was holding 16.0892 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 6.82 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.1917 of outstanding shares, having a total worth of $105.03 million.