Triumph Group (TGI) Earns Media Impact Score of 0.21
News coverage about Triumph Group (NYSE:TGI) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Triumph Group earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave news articles about the aerospace company an impact score of 44.9832875663187 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- At 6.47+% CAGR aerostructures market potentially worth $75.97 billion by 2022 scrutinized in new research (whatech.com)
- Critical Contrast: Triumph Group (TGI) versus Its Peers (americanbankingnews.com)
- Triumph Group (TGI) and Cubic Corporation (CUB) Financial Contrast (americanbankingnews.com)
- Triumph : to Webcast Second Quarter Fiscal Year 2018 Earnings Conference Call (4-traders.com)
- Triumph Group to Webcast Second Quarter Fiscal Year 2018 Earnings Conference Call (finance.yahoo.com)
Several research firms have recently commented on TGI. Jefferies Group LLC lowered Triumph Group from a “buy” rating to a “hold” rating and set a $37.00 price target for the company. in a research report on Monday, July 24th. Canaccord Genuity restated a “hold” rating and set a $34.00 price target on shares of Triumph Group in a research report on Thursday, July 20th. SunTrust Banks, Inc. restated a “hold” rating and set a $28.00 price target on shares of Triumph Group in a research report on Thursday, October 12th. Robert W. Baird restated a “buy” rating and set a $34.00 price target on shares of Triumph Group in a research report on Thursday, October 12th. Finally, BidaskClub upgraded Triumph Group from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 5th. Four investment 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 stock. The stock currently has an average rating of “Hold” and a consensus price target of $30.00.
Triumph Group (NYSE:TGI) traded down 0.32% on Tuesday, reaching $31.40. The company had a trading volume of 371,501 shares. The stock’s 50-day moving average price is $28.73 and its 200 day moving average price is $28.41. The firm’s market capitalization is $1.56 billion. Triumph Group has a 52-week low of $19.65 and a 52-week high of $34.80.
Triumph Group (NYSE:TGI) last announced its quarterly earnings results on Wednesday, July 26th. The aerospace company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.63). Triumph Group had a positive return on equity of 28.96% and a negative net margin of 1.89%. The business had revenue of $781.70 million for the quarter, compared to analysts’ expectations of $804.26 million. During the same period last year, the company posted $1.04 earnings per share. The firm’s revenue for the quarter was down 12.5% on a year-over-year basis. On average, equities analysts anticipate that Triumph Group will post $2.37 earnings per share for the current fiscal year.
Triumph Group Company Profile
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