Are Triumph Group Inc. (TGI) stocks a prudent buy?

Triumph Group Inc. [TGI] stock is trading at $16.51, down -3.56%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TGI shares have gain 1.91% over the last week, with a monthly amount glided 15.45%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Triumph Group Inc. [NYSE: TGI] stock has seen the most recent analyst activity on May 28, 2024, when TD Cowen downgraded its rating to a Hold and also revised its price target to $14 from $19.50. Previously, JP Morgan upgraded its rating to Neutral on April 15, 2024, and elevated its price target to $17. On March 28, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $18 on the stock. BofA Securities upgraded its rating to a Buy and raised its price target to $21 on January 25, 2024. Robert W. Baird upgraded its rating to Outperform for this stock on January 16, 2024, and upped its price target to $20. In a note dated January 05, 2024, Barclays upgraded an Overweight rating on this stock but restated the target price of $20.

Triumph Group Inc. [TGI] stock has fluctuated between $7.00 and $17.87 over the past year. Currently, Wall Street analysts expect the stock to reach $18.8 within the next 12 months. Triumph Group Inc. [NYSE: TGI] shares were valued at $16.51 at the most recent close of the market. An investor can expect a potential return of 13.87% based on the average TGI price forecast.

Analyzing the TGI fundamentals

Triumph Group Inc. [NYSE:TGI] reported sales of 1.32B for the trailing twelve months, which represents a drop of -8.82%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.39%. To continue investigating profitability, this company’s Return on Assets is posted at 0.3, Equity is -0.95 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -10.25.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.24 points at the first support level, and at 15.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.04, and for the 2nd resistance point, it is at 17.57.

Ratios To Look Out For

For context, Triumph Group Inc.’s Current Ratio is 2.64. Further, the Quick Ratio stands at 1.75, while the Cash Ratio is 1.1. Considering the valuation of this stock, the price to sales ratio is 0.96.

Transactions by insiders

Recent insider trading involved EGNOTOVICH CYNTHIA M, Director, that happened on Jun 06 ’24 when 10000.0 shares were purchased. Director, Keating Neal J completed a deal on Jun 04 ’24 to buy 10000.0 shares. Meanwhile, Director Keating Neal J bought 7200.0 shares on Feb 09 ’24.

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