Equities research analysts predict that Triumph Group Inc (NYSE:TGI) will post sales of $706.87 million for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Triumph Group’s earnings, with estimates ranging from $688.92 million to $735.00 million. Triumph Group posted sales of $832.90 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 15.1%. The business is expected to issue its next earnings results on Wednesday, August 14th.

On average, analysts expect that Triumph Group will report full year sales of $2.86 billion for the current year, with estimates ranging from $2.83 billion to $2.90 billion. For the next fiscal year, analysts expect that the company will post sales of $2.88 billion, with estimates ranging from $2.68 billion to $2.97 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Triumph Group.

Triumph Group (NYSE:TGI) last issued its quarterly earnings results on Wednesday, May 8th. The aerospace company reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.47. Triumph Group had a negative return on equity of 35.34% and a negative net margin of 9.56%. The firm had revenue of $869.03 million for the quarter, compared to analysts’ expectations of $842.57 million. During the same quarter in the prior year, the firm earned $1.01 EPS. The business’s revenue for the quarter was down 3.1% compared to the same quarter last year.

A number of brokerages have recently commented on TGI. Zacks Investment Research raised Triumph Group from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research report on Thursday, April 25th. Bank of America raised Triumph Group from an “underperform” rating to a “buy” rating and upped their price target for the company from $20.00 to $35.00 in a research report on Monday, February 11th. Cowen cut Triumph Group from an “outperform” rating to a “market perform” rating and set a $22.15 price target on the stock. in a research report on Monday, February 11th. SunTrust Banks upped their price target on Triumph Group to $25.00 and gave the company a “hold” rating in a research report on Friday, February 8th. Finally, ValuEngine lowered Triumph Group from a “hold” rating to a “sell” rating in a research note on Friday, May 17th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. Triumph Group presently has an average rating of “Hold” and an average target price of $24.66.

Shares of NYSE TGI opened at $20.80 on Tuesday. Triumph Group has a one year low of $11.16 and a one year high of $26.00. The firm has a market cap of $1.09 billion, a PE ratio of 8.35, a PEG ratio of 1.76 and a beta of 2.77.

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, June 15th. Investors of record on Friday, May 31st will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.77%. Triumph Group’s payout ratio is 6.43%.

In related news, Director Joseph Silvestri sold 33,853 shares of the business’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of $24.25, for a total transaction of $820,935.25. Following the sale, the director now directly owns 47,662 shares in the company, valued at approximately $1,155,803.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.50% of the company’s stock.

Several large investors have recently added to or reduced their stakes in TGI. Advisor Group Inc. raised its stake in shares of Triumph Group by 312.6% during the 4th quarter. Advisor Group Inc. now owns 2,393 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 1,813 shares during the period. Citigroup Inc. raised its stake in shares of Triumph Group by 1,567.6% during the 4th quarter. Citigroup Inc. now owns 5,653 shares of the aerospace company’s stock valued at $65,000 after purchasing an additional 5,314 shares during the period. Flinton Capital Management LLC raised its stake in shares of Triumph Group by 18.7% during the 4th quarter. Flinton Capital Management LLC now owns 6,608 shares of the aerospace company’s stock valued at $76,000 after purchasing an additional 1,040 shares during the period. Public Employees Retirement System of Ohio raised its stake in shares of Triumph Group by 7.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 7,204 shares of the aerospace company’s stock valued at $83,000 after purchasing an additional 507 shares during the period. Finally, NumerixS Investment Technologies Inc bought a new stake in shares of Triumph Group during the 1st quarter valued at $86,000.

Triumph Group Company Profile

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. The company operates in three segments: Integrated Systems, Aerospace Structures, and Product Support. It offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, landing gear actuation systems, control system valve bodies, landing gear components and assemblies, electronic engine controls, main engine gear box assemblies, exhaust nozzles and ducting, fuel pumps, geared transmissions and drive train components, secondary flight control systems, fuel metering units, and vibration absorbers.

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

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