Triumph Group, Inc. (NYSE:TGI) – Equities research analysts at Jefferies Group issued their Q3 2018 earnings per share estimates for Triumph Group in a research note issued on Wednesday. Jefferies Group analyst S. Kahyaoglu forecasts that the company will post earnings per share of $0.76 for the quarter. Jefferies Group currently has a “Hold” rating and a $30.00 target price on the stock. Jefferies Group also issued estimates for Triumph Group’s Q4 2018 earnings at $1.13 EPS, FY2018 earnings at $2.65 EPS, FY2019 earnings at $3.00 EPS and FY2020 earnings at $3.55 EPS.

Other research analysts have also recently issued research reports about the stock. Royal Bank Of Canada restated an “outperform” rating and set a $41.00 target price (up previously from $38.00) on shares of Triumph Group in a report on Thursday. Cowen and Company reiterated a “hold” rating and issued a $30.00 price target on shares of Triumph Group in a research note on Thursday. BidaskClub raised shares of Triumph Group from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. SunTrust Banks, Inc. increased their price objective on shares of Triumph Group to $34.00 and gave the company a “hold” rating in a research report on Thursday. Finally, Canaccord Genuity reissued a “hold” rating and issued a $36.00 target price (up from $30.00) on shares of Triumph Group in a report on Thursday. Three analysts have rated the stock with a sell rating, six have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Triumph Group currently has an average rating of “Hold” and an average price target of C$33.00.

ILLEGAL ACTIVITY WARNING: “Triumph Group, Inc. (TGI) Expected to Earn Q3 2018 Earnings of $0.76 Per Share” was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/triumph-group-inc-tgi-expected-to-earn-q3-2018-earnings-of-0-76-per-share/1699601.html.

Triumph Group (NYSE TGI) opened at C$31.40 on Monday. Triumph Group has a 12-month low of C$19.65 and a 12-month high of C$34.80. The company has a market cap of $1,558.16, a PE ratio of 6.46, a price-to-earnings-growth ratio of 0.78 and a beta of 1.76. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.87 and a quick ratio of 0.42.

Triumph Group (NYSE:TGI) last issued its earnings results on Wednesday, November 8th. The company reported C$0.52 earnings per share for the quarter, beating the consensus estimate of C$0.32 by C$0.20. Triumph Group had a negative net margin of 3.18% and a positive return on equity of 27.18%. The business had revenue of C$745.16 million for the quarter, compared to analyst estimates of C$787.90 million. During the same period in the previous year, the business earned $1.00 EPS. The firm’s revenue was down 14.8% on a year-over-year basis.

Several hedge funds have recently modified their holdings of the business. Schwab Charles Investment Management Inc. lifted its holdings in shares of Triumph Group by 6.1% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 605,743 shares of the company’s stock worth $18,021,000 after buying an additional 34,853 shares during the period. Legal & General Group Plc increased its position in Triumph Group by 2.8% during the 3rd quarter. Legal & General Group Plc now owns 142,919 shares of the company’s stock valued at $4,255,000 after buying an additional 3,871 shares in the last quarter. TD Asset Management Inc. increased its position in Triumph Group by 10.1% during the 3rd quarter. TD Asset Management Inc. now owns 22,900 shares of the company’s stock valued at $681,000 after buying an additional 2,100 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Triumph Group by 33.1% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 17,290 shares of the company’s stock valued at $514,000 after purchasing an additional 4,300 shares during the period. Finally, American International Group Inc. increased its holdings in shares of Triumph Group by 5.7% in the third quarter. American International Group Inc. now owns 38,773 shares of the company’s stock valued at $1,153,000 after purchasing an additional 2,102 shares during the period. Institutional investors and hedge funds own 99.75% of the company’s stock.

About Triumph Group

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

Receive News & Ratings for Triumph Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triumph Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.