Triumph Financial (NYSE:TFIN) Stock Price Down 12% – Time to Sell?

Triumph Financial, Inc. (NYSE:TFIN) shares traded down 12% during mid-day trading on Thursday . The stock traded as low as $59.45 and last traded at $60.91. 168,715 shares traded hands during trading, a decline of 26% from the average session volume of 229,033 shares. The stock had previously closed at $69.18.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TFIN shares. Weiss Ratings raised Triumph Financial from a “sell (d+)” rating to a “hold (c)” rating in a research note on Thursday. B. Riley Financial cut shares of Triumph Financial from a “buy” rating to a “hold” rating and set a $70.00 price target for the company. in a research report on Monday, January 12th. Zacks Research upgraded shares of Triumph Financial from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Finally, Wall Street Zen upgraded shares of Triumph Financial from a “sell” rating to a “hold” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $70.00.

Triumph Financial Trading Down 2.8%

The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average of $65.46. The stock has a market cap of $1.46 billion, a PE ratio of 66.13 and a beta of 1.52.

Triumph Financial (NYSE:TFIN) last posted its earnings results on Monday, January 26th. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.48. The company had revenue of $120.08 million during the quarter, compared to analysts’ expectations of $111.21 million. Triumph Financial had a net margin of 4.89% and a return on equity of 3.49%.

About Triumph Financial

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.