News articles about Triumph Group (NYSE:TGI) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Triumph Group earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news articles about the aerospace company an impact score of 46.5083547989773 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
- $830.45 Million in Sales Expected for Triumph Group Inc (TGI) This Quarter (americanbankingnews.com)
- $1.01 EPS Expected for Triumph Group Inc (TGI) This Quarter (americanbankingnews.com)
- Insider Selling: Triumph Group Inc (TGI) Director Sells 3,670 Shares of Stock (americanbankingnews.com)
- Triumph Group to Present at JP Morgan’s 2018 Aviation, Transportation and Industrials Conference – Business Wire (press release) (businesswire.com)
- Triumph Group to Present at J.P. Morgan’s 2018 Aviation, Transportation and Industrials Conference (finance.yahoo.com)
Triumph Group (NYSE:TGI) traded down $1.40 during mid-day trading on Wednesday, reaching $26.85. The company had a trading volume of 581,921 shares, compared to its average volume of 566,970. The firm has a market capitalization of $1,320.00, a P/E ratio of -4.85, a PEG ratio of 0.95 and a beta of 1.69. Triumph Group has a fifty-two week low of $19.65 and a fifty-two week high of $34.80. The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.42 and a current ratio of 1.84.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Wednesday, February 28th. Triumph Group’s dividend payout ratio (DPR) is currently -2.93%.
A number of brokerages recently weighed in on TGI. Royal Bank of Canada reiterated an “outperform” rating and issued a $37.00 price target on shares of Triumph Group in a research report on Friday, February 2nd. Zacks Investment Research raised Triumph Group from a “sell” rating to a “hold” rating and set a $32.00 target price for the company in a research note on Saturday, January 20th. Finally, TheStreet cut Triumph Group from a “c-” rating to a “d+” rating in a research note on Wednesday, December 27th. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $32.80.
In other news, Director Joseph Silvestri sold 3,670 shares of the business’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $27.95, for a total transaction of $102,576.50. Following the sale, the director now directly owns 105,408 shares in the company, valued at $2,946,153.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.80% of the company’s stock.
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About Triumph Group
Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aircraft components, accessories, subassemblies and systems. The Company offers a range of products and services to the aerospace industry through three segments: Triumph Aerostructures Group, whose companies are engaged in the design, manufacture, assembly and integration of metallic and composite aerostructures and structural components for the aerospace original equipment manufacturer (OEM) market; Triumph Aerospace Systems Group, whose companies design, engineer and manufacture a range of build-to-print components, assemblies and systems also for the OEM market, and Triumph Aftermarket Services Group, whose companies serve aircraft fleets, such as commercial airlines, the United States military and cargo carriers, through the maintenance, repair and overhaul (MRO) of aircraft components and accessories manufactured by third parties.
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