News stories about Triumph Group (NYSE:TGI) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Triumph Group earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the aerospace company an impact score of 45.5589690065841 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Zacks: Brokerages Anticipate Triumph Group (TGI) to Announce $0.39 Earnings Per Share (americanbankingnews.com)
- Triumph Divests More Units As Analysts Eye Cash Flow (aviationweek.com)
- Indicators from Technical Perspective: Triumph Group, Inc. (NYSE:TGI), Lightbridge Corporation (NASDAQ:LTBR … (thestreetpoint.com)
- Triumph Group (TGI) Upgraded by Vertical Research to “Buy” (americanbankingnews.com)
- Triumph Group (TGI) Set to Announce Earnings on Tuesday (americanbankingnews.com)
Several research analysts have weighed in on TGI shares. Vertical Research raised Triumph Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 16th. ValuEngine raised Triumph Group from a “hold” rating to a “buy” rating in a research report on Tuesday, May 8th. Royal Bank of Canada set a $37.00 price objective on Triumph Group and gave the stock a “buy” rating in a research report on Wednesday, January 24th. Barclays started coverage on Triumph Group in a research report on Thursday, March 29th. They issued an “equal weight” rating and a $28.00 price objective on the stock. Finally, SunTrust Banks reissued a “hold” rating and issued a $27.00 price objective on shares of Triumph Group in a research report on Monday, April 23rd. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $30.09.
Triumph Group (NYSE:TGI) last issued its earnings results on Thursday, May 10th. The aerospace company reported $1.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.04. The firm had revenue of $896.90 million for the quarter, compared to analyst estimates of $826.92 million. Triumph Group had a positive return on equity of 17.19% and a negative net margin of 13.11%. The business’s revenue was down 2.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.81 earnings per share. research analysts anticipate that Triumph Group will post 1.89 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Friday, June 1st will be paid a $0.04 dividend. The ex-dividend date is Thursday, May 31st. This represents a $0.16 annualized dividend and a dividend yield of 0.65%. Triumph Group’s payout ratio is presently 6.32%.
In other Triumph Group news, Director Joseph Silvestri sold 3,670 shares of the business’s stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $27.95, for a total value 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 2.80% of the company’s stock.
About Triumph Group
Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aero structures, aircraft components, accessories, subassemblies, and systems worldwide. The company operates through four segments: Integrated Systems, Aerospace Structures, Precision Components, and Product Support.
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