Triumph Group Inc. (NYSE: TGI) is -16.47% lower on its value in year-to-date trading and has touched a low of $7.00 and a high of $17.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TGI stock was last observed hovering at around $14.24 in the last trading session, with the day’s loss setting it -0.39%.
Currently trading at $13.85, the stock is -3.10% and -8.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing -2.74% at the moment leaves the stock -2.62% off its SMA200. TGI registered 54.40% gain for a year compared to 6-month gain of -5.85%.
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The stock witnessed a -16.92% loss in the last 1 month and extending the period to 3 months gives it a -0.93%, and is 1.32% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.80% over the week and 4.43% over the month.
Triumph Group Inc. (TGI) has around 4999 employees, a market worth around $1.07B and $1.28B in sales. Fwd P/E is 15.39. Profit margin for the company is -2.85%. Distance from 52-week low is 97.86% and -22.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.35%).
with sales reaching $277.42M over the same period.The EPS is expected to grow by 877.78% this year, but quarterly earnings will post 1.80% year-over-year.
Triumph Group Inc. (TGI) Top Institutional Holders
257.0 institutions hold shares in Triumph Group Inc. (TGI), with institutional investors hold 99.02% of the company’s shares. The shares outstanding are 76.92M, and float is at 75.68M with Short Float at 7.26%. Institutions hold 96.89% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 11.93 million shares valued at $183.84 million. The investor’s holdings represent 16.0892% of the TGI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.82 million shares valued at $105.03 million to account for 9.1917 of the shares outstanding. The other top investors are HILL CITY CAPITAL, LP which holds 5.95 million shares representing 8.0263% and valued at over $91.71 million, while STATE STREET CORP holds 5.5642 of the shares totaling 4.13 million with a market value of $63.58 million.
Triumph Group Inc. (TGI) Insider Activity
The most recent transaction is an insider purchase by EGNOTOVICH CYNTHIA M, the company’s Director. SEC filings show that EGNOTOVICH CYNTHIA M bought 10,000 shares of the company’s common stock on Jun 06 ’24 at a price of $15.14 per share for a total of $0.15 million. Following the purchase, the insider now owns 32561.0 shares.
Triumph Group Inc. disclosed in a document filed with the SEC on Jun 04 ’24 that Keating Neal J (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Jun 04 ’24 and was made at $14.13 per share for $0.14 million. Following the transaction, the insider now directly holds 68987.0 shares of the TGI stock.
Still, SEC filings show that on Feb 09 ’24, Keating Neal J (Director) acquired 7,200 shares at an average price of $14.53 for $0.1 million. The insider now directly holds 58,987 shares of Triumph Group Inc. (TGI).
