Previous Close | 14.25 |
Open | 14.36 |
Bid | 14.01 x 800 |
Ask | 14.05 x 1100 |
Day's Range | 13.89 - 14.60 |
52 Week Range | 13.89 - 27.85 |
Volume | |
Avg. Volume | 714,340 |
Market Cap | 902.62M |
Beta (5Y Monthly) | 2.84 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -3.07 |
Earnings Date | Feb 01, 2022 - Feb 07, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Feb 28, 2020 |
1y Target Est | 26.41 |
Triumph makes a range of components for military and commercial aerospace platforms. Wednesday's earnings report provided a clear indication Triumph is still a work in progress. The analyst said that although he remains constructive on Triumph's long-term potential as divestitures continue and the company is able to pay down its debt, the weaker-than-expected fiscal 2023 outlook for free cash flow is a reminder that the turnaround will not come quick.
Triumph Group's (TGI) Q4 net sales of $386.7 million miss the Zacks Consensus Estimate by 6.3% and decline 17.2% year over year
Long-struggling Triumph Group (NYSE: TGI) put out a full-year forecast that came in well short of analyst expectations. Triumph is a manufacturer of a range of components focused primarily on the commercial and military aerospace markets. Triumph has spent the last few years trying to restructure or sell unprofitable businesses, but the pandemic and its impact on commercial aviation has stunted its progress.