Triumph Group Inc. (NYSE:TGI) was downgraded by equities researchers at Deutsche Bank AG from a “buy” rating to a “hold” rating in a research note issued on Tuesday. They presently have a $30.00 price objective on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 6.57% from the company’s current price.

TGI has been the topic of several other reports. Zacks Investment Research cut shares of Triumph Group from a “hold” rating to a “sell” rating in a report on Monday, July 18th. JPMorgan Chase & Co. cut their price target on shares of Triumph Group from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Friday, July 29th. Credit Suisse Group AG reaffirmed a “buy” rating and issued a $44.00 price target on shares of Triumph Group in a report on Friday, July 29th. Vertical Group reaffirmed a “sell” rating and issued a $22.00 price target on shares of Triumph Group in a report on Monday, October 31st. Finally, Jefferies Group dropped their target price on shares of Triumph Group from $54.00 to $44.00 and set a “buy” rating on the stock in a report on Friday, July 29th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $38.14.

Analyst Recommendations for Triumph Group (NYSE:TGI)

Triumph Group (NYSE:TGI) opened at 28.15 on Tuesday. The firm’s market capitalization is $1.39 billion. The company’s 50 day moving average price is $25.67 and its 200-day moving average price is $32.16. Triumph Group has a 12-month low of $22.40 and a 12-month high of $41.14.

Triumph Group (NYSE:TGI) last announced its quarterly earnings data on Thursday, November 3rd. The company reported $1.00 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.22. The business earned $874.77 million during the quarter, compared to the consensus estimate of $896.39 million. Triumph Group had a negative net margin of 29.78% and a positive return on equity of 18.77%. The firm’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.32 earnings per share. On average, equities analysts anticipate that Triumph Group will post $3.32 earnings per share for the current fiscal year.

In other Triumph Group news, SVP Richard Lovely purchased 2,000 shares of the stock in a transaction on Monday, November 7th. The shares were bought at an average cost of $25.13 per share, with a total value of $50,260.00. Following the completion of the acquisition, the senior vice president now owns 2,000 shares in the company, valued at $50,260. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Thomas K. Holzthum purchased 10,000 shares of the stock in a transaction on Monday, November 7th. The stock was acquired at an average cost of $25.50 per share, for a total transaction of $255,000.00. Following the completion of the acquisition, the executive vice president now owns 24,076 shares of the company’s stock, valued at approximately $613,938. The disclosure for this purchase can be found here. 2.50% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of TGI. BKS Advisors LLC acquired a new stake in Triumph Group during the third quarter valued at approximately $102,000. LS Investment Advisors LLC raised its stake in Triumph Group by 72.2% in the second quarter. LS Investment Advisors LLC now owns 3,054 shares of the company’s stock valued at $108,000 after buying an additional 1,280 shares during the last quarter. Trust Department MB Financial Bank N A raised its stake in Triumph Group by 633.3% in the second quarter. Trust Department MB Financial Bank N A now owns 1,716 shares of the company’s stock valued at $114,000 after buying an additional 1,482 shares during the last quarter. Sandy Spring Bank raised its stake in Triumph Group by 3,233.3% in the third quarter. Sandy Spring Bank now owns 5,000 shares of the company’s stock valued at $139,000 after buying an additional 4,850 shares during the last quarter. Finally, Wayne Hummer Investments L.L.C. acquired a new stake in Triumph Group during the third quarter valued at approximately $201,000. 99.16% of the stock is currently owned by institutional investors.

Triumph Group Company Profile

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