Brokerages expect that Triumph Group Inc (NYSE:TGI) will report $0.38 earnings per share for the current quarter, Zacks reports. Five analysts have provided estimates for Triumph Group’s earnings, with the lowest EPS estimate coming in at $0.30 and the highest estimate coming in at $0.50. Triumph Group reported earnings per share of ($0.11) during the same quarter last year, which would indicate a positive year-over-year growth rate of 445.5%. The firm is expected to issue its next quarterly earnings results on Wednesday, November 14th.

On average, analysts expect that Triumph Group will report full-year earnings of $1.86 per share for the current year, with EPS estimates ranging from $1.67 to $1.98. For the next fiscal year, analysts forecast that the company will report earnings of $2.18 per share, with EPS estimates ranging from $1.41 to $2.50. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Triumph Group.

Triumph Group (NYSE:TGI) last released its earnings results on Wednesday, August 8th. The aerospace company reported $0.34 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.02). Triumph Group had a positive return on equity of 28.57% and a negative net margin of 15.20%. The firm had revenue of $832.90 million during the quarter, compared to analysts’ expectations of $805.88 million. During the same period in the prior year, the business earned $0.24 earnings per share. The business’s quarterly revenue was up 6.5% compared to the same quarter last year.

A number of research firms have recently commented on TGI. UBS Group began coverage on Triumph Group in a report on Wednesday, August 15th. They issued a “sell” rating and a $19.00 price target for the company. ValuEngine lowered Triumph Group from a “buy” rating to a “hold” rating in a report on Saturday, May 26th. Canaccord Genuity reaffirmed a “hold” rating and issued a $26.00 price target on shares of Triumph Group in a report on Wednesday, August 8th. Barclays cut their price target on Triumph Group from $28.00 to $23.00 and set an “equal weight” rating for the company in a report on Tuesday, September 4th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $23.00 price target on shares of Triumph Group in a report on Friday, July 20th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. Triumph Group currently has a consensus rating of “Hold” and a consensus target price of $26.00.

Shares of Triumph Group stock traded up $0.30 during trading hours on Tuesday, reaching $23.35. The company had a trading volume of 1,325,550 shares, compared to its average volume of 446,591. Triumph Group has a one year low of $17.75 and a one year high of $34.58. The company has a debt-to-equity ratio of -6.64, a current ratio of 1.23 and a quick ratio of 0.81. The firm has a market capitalization of $1.16 billion, a P/E ratio of 8.88, a PEG ratio of 0.95 and a beta of 1.78.

The business also recently declared a quarterly dividend, which was paid on Saturday, September 15th. Stockholders of record on Friday, August 31st were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend was Thursday, August 30th. Triumph Group’s payout ratio is currently 6.32%.

In other news, Director Joseph Silvestri sold 5,000 shares of the firm’s stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $22.00, for a total value of $110,000.00. Following the completion of the transaction, the director now directly owns 107,662 shares of the company’s stock, valued at $2,368,564. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is owned by company insiders.

A number of large investors have recently bought and sold shares of TGI. SG Americas Securities LLC bought a new stake in Triumph Group during the second quarter valued at $114,000. Trilogy Capital Inc. bought a new stake in Triumph Group during the second quarter valued at $157,000. Private Capital Group LLC boosted its stake in Triumph Group by 1,189.7% during the first quarter. Private Capital Group LLC now owns 6,255 shares of the aerospace company’s stock valued at $158,000 after buying an additional 5,770 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Triumph Group during the second quarter valued at $206,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Triumph Group during the first quarter valued at $217,000.

Triumph Group Company Profile

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. The company operates in three segments: Integrated Systems, Aerospace Structures, and Product Support. It offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, landing gear actuation systems, control system valve bodies, landing gear components and assemblies, electronic engine controls, main engine gear box assemblies, exhaust nozzles and ducting, fuel pumps, geared transmissions and drive train components, secondary flight control systems, fuel metering units, and vibration absorbers.

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Earnings History and Estimates for Triumph Group (NYSE:TGI)

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