Wall Street brokerages expect Triumph Group, Inc. (NYSE:TGI) to post sales of $778.80 million for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Triumph Group’s earnings, with estimates ranging from $768.30 million to $791.20 million. Triumph Group reported sales of $844.86 million in the same quarter last year, which indicates a negative year over year growth rate of 7.8%. The company is expected to issue its next earnings report on Thursday, February 1st.

According to Zacks, analysts expect that Triumph Group will report full year sales of $778.80 million for the current year, with estimates ranging from $3.07 billion to $3.17 billion. For the next fiscal year, analysts forecast that the firm will report sales of $3.23 billion per share, with estimates ranging from $3.06 billion to $3.47 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover Triumph Group.

Triumph Group (NYSE:TGI) last released its quarterly earnings results on Wednesday, November 8th. The aerospace company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.20. Triumph Group had a positive return on equity of 27.18% and a negative net margin of 3.18%. The firm had revenue of $745.16 million for the quarter, compared to analysts’ expectations of $787.90 million. During the same quarter last year, the firm posted $1.00 EPS. The company’s revenue was down 14.8% compared to the same quarter last year.

Several analysts have weighed in on TGI shares. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $33.00 price target on shares of Triumph Group in a report on Friday, September 1st. Canaccord Genuity reissued a “hold” rating and set a $36.00 price objective (up from $30.00) on shares of Triumph Group in a report on Thursday, November 9th. Robert W. Baird reissued a “buy” rating and set a $34.00 price objective on shares of Triumph Group in a report on Friday, September 8th. Bank of America Corporation reissued an “underperform” rating and set a $27.00 price objective (down from $30.00) on shares of Triumph Group in a report on Saturday, August 26th. Finally, ValuEngine raised Triumph Group from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. Triumph Group presently has a consensus rating of “Hold” and a consensus price target of $33.00.

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Triumph Group (NYSE:TGI) traded down $1.75 during trading hours on Tuesday, hitting $29.65. The company’s stock had a trading volume of 610,600 shares, compared to its average volume of 804,083. Triumph Group has a 1 year low of $19.65 and a 1 year high of $34.80. The stock has a market cap of $1,450.00, a PE ratio of 6.46, a P/E/G ratio of 0.78 and a beta of 1.76. The company has a current ratio of 1.87, a quick ratio of 0.42 and a debt-to-equity ratio of 1.65.

Several hedge funds have recently modified their holdings of TGI. Riverhead Capital Management LLC grew its position in shares of Triumph Group by 56.8% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,763 shares of the aerospace company’s stock worth $119,000 after buying an additional 1,363 shares during the last quarter. Thompson Siegel & Walmsley LLC purchased a new position in shares of Triumph Group in the 2nd quarter valued at approximately $149,000. Sei Investments Co. lifted its stake in shares of Triumph Group by 51.6% in the 2nd quarter. Sei Investments Co. now owns 5,279 shares of the aerospace company’s stock valued at $167,000 after purchasing an additional 1,796 shares during the period. Acadian Asset Management LLC purchased a new position in shares of Triumph Group in the 2nd quarter valued at approximately $171,000. Finally, KCG Holdings Inc. purchased a new position in Triumph Group during the first quarter valued at $201,000. Hedge funds and other institutional investors own 99.75% of the company’s stock.

Triumph Group Company Profile

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

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