Somewhat Positive Press Coverage Somewhat Unlikely to Affect Triumph Group (TGI) Stock Price
News headlines about Triumph Group (NYSE:TGI) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Triumph Group earned a news impact score of 0.18 on Accern’s scale. Accern also gave press coverage about the aerospace company an impact score of 45.3060652291087 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s analysis:
- Triumph Group’s (TGI) “Buy” Rating Reaffirmed at Robert W. Baird (americanbankingnews.com)
- Stocks Under Scanner in the Aerospace Products & Services Space … – Markets Insider (markets.businessinsider.com)
- Head to Head Review: Triumph Group (TGI) and Mercury Systems (MRCY) (americanbankingnews.com)
- Triumph Group, Inc. (TGI) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Triumph Group (TGI) and American Science & Engineering (ASEI) Head to Head Comparison (americanbankingnews.com)
Triumph Group (NYSE:TGI) traded up 1.445% during midday trading on Monday, reaching $26.325. 508,180 shares of the company traded hands. The firm has a 50 day moving average of $26.88 and a 200-day moving average of $27.66. Triumph Group has a 12 month low of $19.65 and a 12 month high of $34.80. The stock’s market capitalization is $1.31 billion.
Triumph Group (NYSE:TGI) last posted its earnings results on Wednesday, July 26th. The aerospace company reported $0.24 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.87 by $0.63. The business had revenue of $781.70 million during the quarter, compared to the consensus estimate of $804.26 million. Triumph Group had a positive return on equity of 28.96% and a negative net margin of 1.89%. The business’s revenue was down 12.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.04 earnings per share. Analysts forecast that Triumph Group will post $1.70 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend is Wednesday, August 30th. Triumph Group’s dividend payout ratio is currently -12.12%.
TGI has been the topic of several recent research reports. BidaskClub upgraded shares of Triumph Group from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 5th. Bank of America Corporation restated an “underperform” rating and set a $27.00 target price (down previously from $30.00) on shares of Triumph Group in a report on Saturday, August 26th. Royal Bank Of Canada restated a “buy” rating and set a $33.00 target price on shares of Triumph Group in a report on Friday, September 1st. Jefferies Group LLC restated a “buy” rating and set a $37.00 target price (up previously from $29.00) on shares of Triumph Group in a report on Tuesday, May 30th. Finally, Robert W. Baird restated a “buy” rating and set a $34.00 target price on shares of Triumph Group in a report on Friday. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Triumph Group has a consensus rating of “Hold” and a consensus price target of $30.33.
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Triumph Group Company Profile
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