Triumph Group Inc (NYSE: TGI) is 15.20% higher on its value in year-to-date trading and has touched a low of $10.57 and a high of $19.71 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TGI stock was last observed hovering at around $19.18 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $19.10, the stock is 17.04% and 30.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing -0.42% at the moment leaves the stock 31.54% off its SMA200. TGI registered 76.20% gain for a year compared to 6-month gain of 44.04%. The firm has a 50-day simple moving average (SMA 50) of $14.5638 and a 200-day simple moving average (SMA200) of $14.4931.
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The stock witnessed a 29.84% loss in the last 1 month and extending the period to 3 months gives it a 34.13%, and is 6.94% 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 2.93% over the week and 4.00% over the month.
Triumph Group Inc (TGI) has around 4999 employees, a market worth around $1.48B and $1.21B in sales. Fwd P/E is 19.12. Profit margin for the company is -1.92%. Distance from 52-week low is 80.70% and -3.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.70%).
The EPS is expected to grow by 1245.02% this year
251.0 institutions hold shares in Triumph Group Inc (TGI), with institutional investors hold 106.52% of the company’s shares. The shares outstanding are 76.92M, and float is at 75.71M with Short Float at 11.52%. Institutions hold 104.24% 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).
