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Wednesday, June 7, 2023

Triumph Group Inc. (NYSE: TGI) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Triumph Group Inc. (TGI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.19, or 1.88%, to $10.31. The Triumph Group Inc. has recorded 29,093 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted TRIUMPH to Webcast Fourth Quarter Fiscal Year 2023 Earnings Conference Call.

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Stocks Info

Triumph Group Inc. is listed on the NYSE in the Industrials sector while operating in the Aerospace & Defense industry. At the end of the last regular session, the stock closed at $10.12 and fluctuated between $10.32 as its day high and $10.09 as its day low. The current market capitalization of Triumph Group Inc. is $655.27M. A total of 0.86 million shares were traded on the day, compared to an average of 942.83K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, TGI has seen 4 BUY and 0 SELL insider trades, representing the acquisition of 44,229 and the disposition of 0 shares. Over the last 12 months, there were 23 BUYs and 12 SELLs from insiders. Insiders purchased 292,025 shares during that period but sold 69,958.

In the most recent transaction, Keating Neal J bought 10,000 shares of TGI for 10.93 per share on Mar 13. After the transaction, the Director now owns 29,933 company shares. In a previous transaction on Mar 13, Crowley Daniel J bought 6,018 shares at 11.01 per share. TGI shares that Chairman, President and CEO owns now total 694,959.

Among the insiders who bought shares, Crowley Daniel J acquired of 3,982 shares on Mar 10 at a per-share price of $11.28. This resulted in the Chairman, President and CEO holding 688,941 shares of TGI after the transaction. In another insider transaction, Keating Neal J bought 8,000 shares at $15.47 per share on May 27. Company shares held by the Director now total 9,080.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. TGI’s most recent ex-dividend date was 2/28/2020 when it declared a $0.04 quarterly dividend that was paid in cash on 3/16/2020. Previously, the company paid the dividend on 12/16/2019 with an ex-dividend date of 11/29/2019. The TGI stock dividend was $0.04 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for TGI in the last 3 months, the mean price target is $13.22 with high estimates of $17.00 and low estimates of $10.00. In terms of 52-week highs and lows, TGI has a high of $23.19 and a low of $7.84.

As of this writing, TGI has an earnings estimate of $0.26 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.34 per share and a lower estimate of $0.15.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. TGI’s latest balance sheet shows that the firm has $240.88M in Cash & Short Term Investments as of fiscal 2022. There were $1.59B in debt and $601.50M in liabilities at the time. Its Book Value Per Share was -$10.57, while its Total Shareholder’s Equity was -$787.42M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TGI is Buy with a score of 3.57.

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