Investors are poised to add Triumph Group Inc (TGI) Stock to their long term portfolios

At the time of writing, Triumph Group Inc [TGI] stock is trading at $17.98, up 0.67%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TGI shares have gain 13.08% over the last week, with a monthly amount glided 19.95%, 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 October 14, 2024, when JP Morgan downgraded its rating to a Underweight and also revised its price target to $12 from $15. Previously, BofA Securities downgraded its rating to Underperform on September 24, 2024, and dropped its price target to $12. On August 21, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $15 on the stock. Goldman downgraded its rating to a Neutral and decreased its price target to $15 on August 13, 2024. Jefferies downgraded its rating to a Hold and reduced its price target to $14 on August 12, 2024. TD Cowen downgraded its rating to Hold for this stock on May 28, 2024, and downed its price target to $14. In a note dated April 15, 2024, JP Morgan upgraded an Neutral rating on this stock and boosted its target price from $13 to $17.

For the past year, the stock price of Triumph Group Inc fluctuated between $10.45 and $19.71. Currently, Wall Street analysts expect the stock to reach $15.71 within the next 12 months. Triumph Group Inc [NYSE: TGI] shares were valued at $17.98 at the most recent close of the market. An investor can expect a potential drop of -12.63% based on the average TGI price forecast.

Analyzing the TGI fundamentals

According to Triumph Group Inc [NYSE:TGI], the company’s sales were 1.21B for trailing twelve months, which represents an -18.80% plunge. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.44%. To continue investigating profitability, this company’s Return on Assets is posted at 0.35, Equity is -2.14 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-10.06.

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 17.73 points at the first support level, and at 17.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.17, and for the 2nd resistance point, it is at 18.35.

Ratios To Look Out For

It is important to note that Triumph Group Inc [NYSE:TGI] has a current ratio of 2.47. Also, the Quick Ratio is 1.19, while the Cash Ratio stands at 0.34. Considering the valuation of this stock, the price to sales ratio is 1.16.

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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