Triumph Group Inc. (TGI) Is Not Likely To Be The Same Tomorrow

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. Recently, Yahoo Finance discussed the stock, revealing that TRIUMPH to Webcast Third Quarter Fiscal Year 2024 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 $16.34 and fluctuated between $16.42 as its day high and $15.78 as its day low. The current market capitalization of Triumph Group Inc. is $1.26B. A total of 0.81 million shares were traded on the day, compared to an average of 1.01M 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 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 29 BUYs and 13 SELLs from insiders. Insiders purchased 368,237 shares during that period but sold 74,749.

In the most recent transaction, Quigley Thomas A. III bought 2,500 shares of TGI for 8.55 per share on Sep 08. After the transaction, the VP, IR, M&A & Treasurer now owns 36,766 company shares. In a previous transaction on Aug 15, Keating Neal J bought 10,000 shares at 8.04 per share. TGI shares that Director owns now total 51,787.

Among the insiders who bought shares, Keating Neal J acquired of 10,000 shares on Mar 13 at a per-share price of $10.93. This resulted in the Director holding 29,933 shares of TGI after the transaction. In another insider transaction, Crowley Daniel J bought 6,018 shares at $11.01 per share on Mar 13. Company shares held by the Chairman, President and CEO now total 694,959.

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 $19.93 with high estimates of $27.00 and low estimates of $13.00. In terms of 52-week highs and lows, TGI has a high of $17.27 and a low of $7.00.

As of this writing, TGI has an earnings estimate of $0.14 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.18 per share and a lower estimate of $0.11. The company reported an EPS of -$0.1 in the last quarter, which was -150.00% lower than expectations of -$0.04.

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 $1.61B in debt and $602.14M in liabilities at the time. Its Book Value Per Share was -$8.70, 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 4.11.

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