Triumph Group’s (TGI) “Neutral” Rating Reiterated at Robert W. Baird

Robert W. Baird reaffirmed their neutral rating on shares of Triumph Group (NYSE:TGI) in a research note released on Tuesday morning, Marketbeat.com reports. Robert W. Baird currently has a $26.00 target price on the aerospace company’s stock, up from their prior target price of $20.00.

Other equities research analysts have also recently issued reports about the stock. StockNews.com upgraded shares of Triumph Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. cut shares of Triumph Group from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $15.00 to $12.00 in a research report on Monday, October 14th. Truist Financial lifted their price target on shares of Triumph Group from $18.00 to $19.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. TD Cowen upgraded shares of Triumph Group to a “hold” rating in a research report on Thursday, December 19th. Finally, Barclays lifted their price target on shares of Triumph Group from $16.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, November 19th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $18.78.

Triumph Group Trading Down 0.1 %

Triumph Group stock opened at $25.16 on Tuesday. Triumph Group has a 12-month low of $11.01 and a 12-month high of $25.34. The stock has a market cap of $1.95 billion, a P/E ratio of 3.69 and a beta of 2.51. The company has a 50-day moving average price of $19.23 and a 200 day moving average price of $16.31.

Triumph Group (NYSE:TGI) last released its quarterly earnings data on Monday, February 10th. The aerospace company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.03. Triumph Group had a net margin of 43.70% and a negative return on equity of 8.68%. As a group, analysts forecast that Triumph Group will post 0.68 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TGI. International Assets Investment Management LLC lifted its stake in Triumph Group by 1,189.0% in the third quarter. International Assets Investment Management LLC now owns 10,312 shares of the aerospace company’s stock worth $133,000 after acquiring an additional 9,512 shares during the last quarter. Centiva Capital LP purchased a new position in Triumph Group in the third quarter worth approximately $255,000. Cornerstone Wealth Management LLC lifted its stake in Triumph Group by 3.8% in the fourth quarter. Cornerstone Wealth Management LLC now owns 15,964 shares of the aerospace company’s stock worth $298,000 after acquiring an additional 580 shares during the last quarter. GSA Capital Partners LLP lifted its stake in Triumph Group by 14.1% in the third quarter. GSA Capital Partners LLP now owns 26,374 shares of the aerospace company’s stock worth $340,000 after acquiring an additional 3,253 shares during the last quarter. Finally, Intech Investment Management LLC lifted its stake in Triumph Group by 61.2% in the third quarter. Intech Investment Management LLC now owns 34,152 shares of the aerospace company’s stock worth $440,000 after acquiring an additional 12,965 shares during the last quarter. Hedge funds and other institutional investors own 94.53% of the company’s stock.

Triumph Group Company Profile

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aircraft, aircraft components, accessories, subassemblies, and systems worldwide. It operates in two segments, Triumph Systems & Support, and Triumph Interiors. The company offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, control system valve bodies, landing gear actuation systems, electronic engine controls, landing gear components and assemblies, cyber protected process controllers, main engine gearbox assemblies, geared transmissions and drive train components, main fuel pumps, fuel-metering units, primary and secondary flight control systems, and vibration absorbers.