Triumph Group (NYSE:TGI) Issues FY25 Earnings Guidance

Triumph Group (NYSE:TGI) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $0.52 for the period, compared to the consensus EPS estimate of $0.48.

Triumph Group Price Performance

TGI stock traded down $1.84 during trading hours on Wednesday, reaching $13.51. The stock had a trading volume of 945,881 shares, compared to its average volume of 817,269. The stock has a market capitalization of $1.04 billion, a PE ratio of 2.05, a price-to-earnings-growth ratio of 18.93 and a beta of 2.53. The stock has a 50-day simple moving average of $15.50 and a 200 day simple moving average of $14.79. Triumph Group has a fifty-two week low of $7.00 and a fifty-two week high of $17.87.

Triumph Group (NYSE:TGI) last announced its quarterly earnings results on Wednesday, August 7th. The aerospace company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03). The firm had revenue of $281.00 million during the quarter, compared to analyst estimates of $274.64 million. Triumph Group had a net margin of 39.09% and a negative return on equity of 0.78%. The business’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.10) EPS. On average, sell-side analysts forecast that Triumph Group will post 0.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TGI has been the topic of several research analyst reports. JPMorgan Chase & Co. raised shares of Triumph Group from an underweight rating to a neutral rating and increased their price objective for the company from $13.00 to $17.00 in a research report on Monday, April 15th. Truist Financial dropped their price objective on shares of Triumph Group from $27.00 to $22.00 and set a buy rating on the stock in a research report on Friday, May 24th. TD Cowen reissued a hold rating and issued a $14.00 price objective (down from $19.50) on shares of Triumph Group in a research report on Tuesday, May 28th. Barclays dropped their price objective on shares of Triumph Group from $20.00 to $18.00 and set an overweight rating on the stock in a research report on Wednesday, May 29th. Finally, The Goldman Sachs Group raised their price target on shares of Triumph Group from $18.00 to $20.00 and gave the stock a buy rating in a research report on Tuesday, April 16th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average price target of $18.75.

Insiders Place Their Bets

In other news, Director Cynthia M. Egnotovich acquired 10,000 shares of Triumph Group stock in a transaction on Thursday, June 6th. The shares were purchased at an average cost of $15.14 per share, for a total transaction of $151,400.00. Following the completion of the purchase, the director now directly owns 32,561 shares of the company’s stock, valued at approximately $492,973.54. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.31% of the company’s stock.

Triumph Group Company Profile

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