Analysts expect that Triumph Group Inc (NYSE:TGI) will post earnings of $0.68 per share for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for Triumph Group’s earnings. The lowest EPS estimate is $0.56 and the highest is $0.76. Triumph Group posted earnings per share of $0.59 during the same quarter last year, which would indicate a positive year-over-year growth rate of 15.3%. The company is scheduled to report its next quarterly earnings report on Thursday, February 1st.

According to Zacks, analysts expect that Triumph Group will report full-year earnings of $2.51 per share for the current financial year, with EPS estimates ranging from $2.40 to $2.70. For the next fiscal year, analysts forecast that the firm will report earnings of $2.69 per share, with EPS estimates ranging from $2.10 to $3.30. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Triumph Group.

Triumph Group (NYSE:TGI) last released its quarterly earnings data on Wednesday, November 8th. The aerospace company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.20. Triumph Group had a negative net margin of 3.18% and a positive return on equity of 27.18%. The business had revenue of $745.16 million during the quarter, compared to analyst estimates of $787.90 million. During the same period in the previous year, the business earned $1.00 EPS. Triumph Group’s revenue was down 14.8% compared to the same quarter last year.

TGI has been the subject of several analyst reports. Royal Bank of Canada set a $39.00 price target on shares of Triumph Group and gave the company a “buy” rating in a report on Wednesday, November 15th. Robert W. Baird reissued a “buy” rating and issued a $34.00 price target on shares of Triumph Group in a report on Friday, September 8th. SunTrust Banks raised their price target on shares of Triumph Group to $34.00 and gave the company a “hold” rating in a report on Thursday, November 9th. Jefferies Group reissued a “hold” rating and issued a $30.00 price target on shares of Triumph Group in a report on Friday, September 29th. Finally, Canaccord Genuity reissued a “hold” rating and issued a $36.00 price target (up from $30.00) on shares of Triumph Group in a report on Thursday, November 9th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $33.11.

In other Triumph Group news, CEO Daniel J. Crowley sold 78,900 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $31.35, for a total value of $2,473,515.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Joseph Silvestri sold 34,162 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $30.31, for a total transaction of $1,035,450.22. Following the completion of the sale, the director now directly owns 109,078 shares of the company’s stock, valued at $3,306,154.18. The disclosure for this sale can be found here. Insiders own 2.80% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its position in shares of Triumph Group by 43.1% in the second quarter. Dimensional Fund Advisors LP now owns 2,573,763 shares of the aerospace company’s stock valued at $81,330,000 after acquiring an additional 774,964 shares during the period. Walthausen & Co. LLC purchased a new position in shares of Triumph Group in the third quarter valued at about $20,635,000. Renaissance Technologies LLC purchased a new position in shares of Triumph Group in the second quarter valued at about $12,232,000. Schwab Charles Investment Management Inc. increased its position in shares of Triumph Group by 118.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 570,890 shares of the aerospace company’s stock valued at $18,041,000 after acquiring an additional 309,588 shares during the period. Finally, Koch Industries Inc. purchased a new position in shares of Triumph Group in the second quarter valued at about $273,000. 99.77% of the stock is owned by institutional investors and hedge funds.

Shares of Triumph Group (NYSE:TGI) traded down $0.20 during trading hours on Monday, reaching $27.35. 374,216 shares of the company’s stock traded hands, compared to its average volume of 563,636. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.42 and a current ratio of 1.87. Triumph Group has a 1 year low of $19.65 and a 1 year high of $34.80. The company has a market cap of $1,367.78, a P/E ratio of -12.84, a price-to-earnings-growth ratio of 0.67 and a beta of 1.76.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend was Thursday, November 30th. Triumph Group’s dividend payout ratio is presently -7.51%.

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

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