Currently, there are 77.33M common shares owned by the public and among those 75.71M shares have been available to trade.
The company’s stock has a 5-day price change of 32.80% and 72.27% over the past three months. TGI shares are trading 34.51% year to date (YTD), with the 12-month market performance up to 54.94% higher. It has a 12-month low price of $11.01 and touched a high of $19.71 over the same period. TGI has an average intraday trading volume of 701.22K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 31.24%, 32.85%, and 60.88% respectively.
Institutional ownership of Triumph Group Inc (NYSE: TGI) shares accounts for 105.22% of the company’s 77.33M shares outstanding.
It has a market capitalization of $1.94B and a beta (3y monthly) value of 2.51. The earnings-per-share (ttm) stands at -$0.30. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.95% over the week and 2.99% over the month.
Earnings per share for the fiscal year are expected to increase by 1277.73%, and 45.62% over the next financial year.
Looking at the support for the TGI, a number of firms have released research notes about the stock. JP Morgan stated their Underweight rating for the stock in a research note on October 14, 2024, with the firm’s price target at $15-$12. BofA Securities coverage for the Triumph Group Inc (TGI) stock in a research note released on September 24, 2024 offered a Underperform rating with a price target of $12. Truist was of a view on August 21, 2024 that the stock is Hold, while Goldman gave the stock Neutral rating on August 13, 2024, issuing a price target of $19- $15. Jefferies on their part issued Hold rating on August 12, 2024.
