Somewhat Favorable News Coverage Somewhat Unlikely to Impact Triumph Group (TGI) Share Price

News coverage about Triumph Group (NYSE:TGI) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Triumph Group earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave news headlines about the aerospace company an impact score of 46.220682142516 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

A number of brokerages have weighed in on TGI. Cowen restated a “hold” rating and issued a $20.00 price objective on shares of Triumph Group in a report on Friday, May 11th. Robert W. Baird lowered Triumph Group from an “outperform” rating to a “neutral” rating in a report on Friday, May 11th. ValuEngine lowered Triumph Group from a “buy” rating to a “hold” rating in a report on Saturday, May 26th. Vertical Research upgraded Triumph Group from a “hold” rating to a “buy” rating in a report on Wednesday, May 16th. Finally, SunTrust Banks restated a “hold” rating and issued a $23.00 price objective on shares of Triumph Group in a report on Friday, July 20th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $29.60.

Triumph Group traded up $0.60, reaching $20.45, during midday trading on Monday, Marketbeat reports. The stock had a trading volume of 21,902 shares, compared to its average volume of 515,997. The company has a debt-to-equity ratio of 3.16, a quick ratio of 0.50 and a current ratio of 1.94. The firm has a market capitalization of $986.92 million, a P/E ratio of 8.08, a PEG ratio of 0.94 and a beta of 1.71. Triumph Group has a 52-week low of $17.75 and a 52-week high of $34.58.

Triumph Group (NYSE:TGI) last announced its quarterly earnings data on Thursday, May 10th. The aerospace company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.04. Triumph Group had a positive return on equity of 17.23% and a negative net margin of 13.11%. The company had revenue of $896.90 million for the quarter, compared to analyst estimates of $826.92 million. During the same quarter last year, the firm posted $2.81 EPS. The firm’s revenue for the quarter was down 2.5% on a year-over-year basis. equities analysts forecast that Triumph Group will post 1.79 earnings per share for the current year.

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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