Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Triumph Group (TGI) Share Price
News articles about Triumph Group (NYSE:TGI) have trended somewhat positive this week, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Triumph Group earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media coverage about the aerospace company an impact score of 45.3842888625213 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Latest Tally Of Analyst Opinions: TTM Technologies, Inc. (TTMI), Triumph Group, Inc. (TGI) – AllStockNews (allstocknews.com)
- Triumph Group, Inc. (TGI) Ex-Dividend Date Scheduled for August 30, 2017 – Nasdaq (nasdaq.com)
- Triumph Group, Inc. (TGI) Expected to Announce Earnings of $0.36 Per Share (americanbankingnews.com)
- Bank of America Corporation Reaffirms “Underperform” Rating for Triumph Group, Inc. (TGI) (americanbankingnews.com)
- Triumph Group, Inc. (NYSE:TGI) and Mobile Mini, Inc. (NasdaqGS:MINI): How Do These Stocks Rank Value-Wise? – Evergreen Caller (evergreencaller.com)
Triumph Group (TGI) traded up 0.34% during midday trading on Wednesday, reaching $26.50. The company’s stock had a trading volume of 491,808 shares. Triumph Group has a 1-year low of $19.65 and a 1-year high of $34.80. The company has a 50 day moving average price of $29.03 and a 200 day moving average price of $27.73. The firm’s market cap is $1.32 billion.
Triumph Group (NYSE:TGI) last issued its quarterly earnings data on Wednesday, July 26th. The aerospace company reported $0.24 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.87 by $0.63. The business had revenue of $781.70 million during the quarter, compared to the consensus estimate of $804.26 million. Triumph Group had a positive return on equity of 28.96% and a negative net margin of 1.89%. The company’s revenue for the quarter was down 12.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.04 earnings per share. On average, equities research analysts expect that Triumph Group will post $1.71 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Wednesday, August 30th. Triumph Group’s dividend payout ratio is -12.12%.
A number of analysts have recently issued reports on TGI shares. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $35.00 price target on shares of Triumph Group in a research note on Friday, May 19th. Jefferies Group LLC set a $29.00 price objective on Triumph Group and gave the stock a “buy” rating in a research report on Saturday, May 6th. ValuEngine upgraded Triumph Group from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. TheStreet upgraded Triumph Group from a “d+” rating to a “c-” rating in a research report on Wednesday, July 26th. Finally, Canaccord Genuity lifted their price objective on Triumph Group from $30.00 to $34.00 and gave the stock a “hold” rating in a research report on Thursday, May 25th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $30.00.
About Triumph Group
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