Triumph Group (TGI) to Release Earnings on Monday

Triumph Group (NYSE:TGI) is projected to announce its earnings results before the market opens on Monday, February 10th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $292.18 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Triumph Group Stock Performance

Shares of Triumph Group stock opened at $18.70 on Monday. The firm has a fifty day moving average of $18.74 and a two-hundred day moving average of $16.07. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 2.75 and a beta of 2.53. Triumph Group has a 52 week low of $11.01 and a 52 week high of $19.71.

Analyst Upgrades and Downgrades

TGI has been the topic of several analyst reports. JPMorgan Chase & Co. lowered Triumph Group from a “neutral” rating to an “underweight” rating and cut their target price for the company from $15.00 to $12.00 in a research note on Monday, October 14th. TD Cowen upgraded shares of Triumph Group to a “hold” rating in a research report on Thursday, December 19th. StockNews.com raised shares of Triumph Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th. Barclays upped their target price on shares of Triumph Group from $16.00 to $21.00 and gave the company an “overweight” rating in a research note on Tuesday, November 19th. Finally, Truist Financial lifted their price target on shares of Triumph Group from $18.00 to $19.00 and gave the stock a “hold” rating in a research report on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $16.38.

About Triumph Group

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.