It’s still a bull thesis, just subverted: Triumph Financial Inc (TFIN)

Triumph Financial Inc [TFIN] stock prices are down -0.40% to $108.38 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TFIN shares have gain 9.61% over the last week, with a monthly amount glided 18.89%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Triumph Financial Inc [NASDAQ: TFIN] stock has seen the most recent analyst activity on July 19, 2024, when Keefe Bruyette downgraded its rating to a Underperform and also revised its price target to $70 from $75. Previously, Piper Sandler downgraded its rating to Underweight on February 12, 2024, and elevated its price target to $67. On November 17, 2023, downgrade downgraded it’s rating to Neutral but maintained its price target of $72 on the stock. Raymond James downgraded its rating to Mkt Perform for this stock on April 06, 2023. In a note dated February 09, 2023, Loop Capital initiated an Buy rating and provided a target price of $76 on this stock.

The stock price of Triumph Financial Inc [TFIN] has been fluctuating between $66.61 and $110.58 over the past year. Currently, Wall Street analysts expect the stock to reach $85.6 within the next 12 months. Triumph Financial Inc [NASDAQ: TFIN] shares were valued at $108.38 at the most recent close of the market. An investor can expect a potential drop of -21.02% based on the average TFIN price forecast.

Analyzing the TFIN fundamentals

The Triumph Financial Inc [NASDAQ:TFIN] reported sales of 489.66M for trailing twelve months, representing a surge of 3.83%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.03 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.

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 107.29 points at the first support level, and at 106.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.79, and for the 2nd resistance point, it is at 111.19.

Ratios To Look Out For

It’s worth pointing out that Triumph Financial Inc [NASDAQ:TFIN]’s Current Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 5.18, the price to book ratio is 3.01 and price to earnings (TTM) ratio is 137.07.

Transactions by insiders

Recent insider trading involved Schreyer Edward Joseph, EVP, Chief Operating Officer, that happened on Nov 01 ’24 when 6129.0 shares were sold. Officer, Schreyer Edward Joseph completed a deal on Nov 01 ’24 to buy 6129.0 shares. Meanwhile, Chief Financial Officer Voss William B. sold 9491.0 shares on Aug 27 ’24.

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