Triumph Group Inc (NYSE: TGI) is 34.94% higher on its value in year-to-date trading and has touched a low of $11.01 and a high of $25.34 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 $25.11 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $25.18, the stock is 27.27% and 31.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.86 million and changing 0.28% at the moment leaves the stock 60.14% off its SMA200. TGI registered 52.61% gain for a year compared to 6-month gain of 67.64%. The firm has a 50-day simple moving average (SMA 50) of $19.0206 and a 200-day simple moving average (SMA200) of $15.66255.
The stock witnessed a 35.60% loss in the last 1 month and extending the period to 3 months gives it a 83.39%, and is 33.09% 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 1.83% over the week and 2.77% over the month.
Triumph Group Inc (TGI) has around 4999 employees, a market worth around $1.95B and $1.21B in sales. Fwd P/E is 24.47. Profit margin for the company is -1.92%. Distance from 52-week low is 128.70% and -0.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.70%).
with sales reaching $292.18M over the same period.The EPS is expected to grow by 1277.73% this year, but quarterly earnings will post 0.67% year-over-year. Quarterly sales are estimated to grow 2.53% in year-over-year returns.
251.0 institutions hold shares in Triumph Group Inc (TGI), with institutional investors hold 108.62% of the company’s shares. The shares outstanding are 77.33M, and float is at 75.76M with Short Float at 7.86%. Institutions hold 106.29% 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).
