Triumph Group Inc. (TGI) concluded trading on Thursday at a closing price of $14.12, with 5.53 million shares of worth about $78.03 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.62% during that period and on October 10, 2024 the price saw a gain of about 21.20%. Currently the company’s common shares owned by public are about 76.92M shares, out of which, 75.68M shares are available for trading.
Stock saw a price change of 15.08% in past 5 days and over the past one month there was a price change of 7.21%. Year-to-date (YTD), TGI shares are showing a performance of -14.84% which increased to 84.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.07 but also hit the highest price of $17.87 during that period. The average intraday trading volume for Triumph Group Inc. shares is 863.32K. The stock is currently trading 9.53% above its 20-day simple moving average (SMA20), while that difference is up 5.40% for SMA50 and it goes to -2.66% lower than SMA200.
Triumph Group Inc. (NYSE: TGI) currently have 76.92M outstanding shares and institutions hold larger chunk of about 96.40% of that.
The stock has a current market capitalization of $1.09B and its 3Y-monthly beta is at 2.50. It has posted earnings per share of -$0.47 in the same period. It has Quick Ratio of 1.29. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TGI, volatility over the week remained 10.64% while standing at 5.24% over the month.
Stock’s fiscal year EPS is expected to rise by 812.96% while it is estimated to increase by 103.90% in next year. EPS is likely to shrink at an annualized rate of 1.70% for next 5-years, compared to annual growth of 40.48% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on September 24, 2024 offering an Underperform rating for the stock and assigned a target price range of between $17 and $12 to it. Coverage by Truist stated Triumph Group Inc. (TGI) stock as a Hold in their note to investors on August 21, 2024, suggesting a price target of $15 for the stock. On August 13, 2024, Goldman Downgrade their recommendations, while on August 12, 2024, Jefferies Downgrade their ratings for the stock with a price target of $14. Stock get a Hold rating from TD Cowen on May 28, 2024.
