20.64 -0.20 (-0.94%)
After hours: 4:26PM EDT
|Bid||19.50 x 900|
|Ask||30.00 x 2900|
|Day's Range||19.89 - 20.91|
|52 Week Range||11.16 - 27.60|
|Beta (3Y Monthly)||3.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 8, 2019 - May 13, 2019|
|Forward Dividend & Yield||0.16 (0.80%)|
|1y Target Est||25.09|
Triumph Group Inc., a Pennsylvania-based aerospace support business, had been reporting net losses for a while when it decided to sell its noncore divisions to regain profitability. Among those was its aviation services division in San Antonio, which works on commercial aircraft fuel systems and was sold to Florida-based STS Aviation Group Inc. for an undisclosed price. While the local division generated about $30 million in revenue for Triumph (NYSE: TGI) in fiscal 2018, which ended in March 2018, the company overall reported a net loss of $30.9 million during fourth calendar quarter 2018.
Raytheon Company (RTN) receives a contract to develop the AMDR system, which will offer more protection against air, surface and ballistic missile threats.
Triumph Group, Inc. (“Triumph”) (NYSE: TGI) today announced that its Board of Directors has adopted a tax benefits preservation plan (the “Plan”) designed to preserve Triumph’s ability to utilize its net operating loss carryforwards and other tax attributes (collectively, “Tax Benefits”). The Plan is similar to plans adopted by other public companies with significant Tax Benefits. The Company intends to submit the Plan for stockholder approval at the Company’s next annual meeting of stockholders.
Triumph Group Inc NYSE:TGIView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is high Bearish sentimentShort interest | NegativeShort interest is high for TGI with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting TGI. However, the last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding TGI are favorable, with net inflows of $3.80 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Triumph Aviation Services – NAAS Division, which is located in San Antonio, Texas, employs approximately 200 people who are co-located at customer sites at more than 20 North American and two European locations.
Dow Jones Industrial Average titan Boeing (NYSE:BA) is rapidly losing altitude, down as much as 18% from its recent high this morning, as investors worry that another crash of its 737 MAX 800 could signal a serious safety deficiency that could ground the plane. Already, Chinese authorities have stopped flights on the jet after an Ethiopian Air flight went down under similar circumstances to a Lion Air back in October.The 737 is a cash cow for Boeing, and these crashes risk undermining confidence in the airframe as well as Boeing's deep order book. Not to mention the risk of litigation if the crashes were proved to be caused by a design flaw. * 10 Dividend Stock Winners While Boeing shares are clearly in trouble, a number of associated stocks are looking vulnerable as well. Here are four stocks to sell:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Southwest Airlines (LUV) Click to EnlargeLast week, I warned about troubled airline stocks to sell, including Southwest Airlines (NYSE:LUV), as demand and overcapacity concerns have taken their toll on the stock. However, the 787 MAX issues have hit LUV stock particularly hard as the company is the largest U.S. operators of the design. Any FAA mandated grounding would cause havoc in the company's flight plans risking cancellations, delays and lost business.The company will next report results on April 25 before the bell. Analysts are looking for earnings of 88 cents per share on revenues of $5.3 billion. When the company last reported on Jan. 24, earnings of $1.17 per share beat estimates by 9 cents on an 8.5% rise in revenues. Hexcel Corp. (HXL) Click to EnlargeShares of composites manufacturer and Boeing supplier Hexcel (NYSE:HXL) are moving sharply lower, threatening to fall back under both their 50-day and 200-day moving averages. This risks unwinding much of the 35%+ rally off of the late December low. Analysts at Loop Capital recently downgraded their rating. * 10 Tech Stocks to Buy Now for 2025 The company will next report results on April 24 after the close. Analysts are looking for earnings of 79 cents per share on revenues of $590.9 million. When the company last reported on Jan. 23, earnings of 82 cents per share beat estimates by 2 cents on a 9.6% rise in revenues. Spirit AeroSystems (SPR) Click to EnlargeBoeing supplier Spirit AeroSystems (NYSE:SPR) is down nearly 6% in trading this morning, rolling away from an impressive 70% rally off of its December low and risking yet another test of its 200-day moving average. This returns prices to the middle of a three-year-long consolidation range for the maker of aircraft components such as fuselage sections and wings. SPR stock was recently downgraded to Neutral by analysts at Seaport Global Securities.The company will next report results on May 3 before the bell. Analysts are looking for earnings of $1.69 per share on revenues of $1.93 billion. When the company last reported on Feb. 1, earnings of $1.85 beat estimates by 7 cents on a 7% rise in revenues. Triumph Group (TGI) Click to EnlargeAircraft parts maker Triumph Group (NYSE:TGI) is, like the other parts names here, rolling lower from recent highs and headed for a test of its 200-day moving average. Shares enjoyed a doubling from their early January low but have now returned to the center of a consolidation range going back to early 2016. * 7 Best Fidelity Funds for 2019 The company will next report results on May 9 before the bell. Analysts are looking for earnings of 56 cents per share on revenues of $831.47 million. When the company last reported on Feb. 7, earnings of 42 cents per share matched estimates on a 4.2% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Growth Stocks Racing to All-Time Highs * 5 Warren Buffett Stocks You Can't Go Wrong With * Game On for These 3 Gaming Stocks Compare Brokers The post 4 Other Stocks to Sell As Boeing Tumbles appeared first on InvestorPlace.
Triumph Group (TGI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Triumph Group, Inc. announced today the sale of Triumph Aviation Services – NAAS Division, Inc. to STS Aviation Group. The transaction is effective as of March 6, 2019.
Triumph Group, Inc. (NYSE: TGI) announced today that its southeast Asian businesses, Triumph Aviation Services Asia (TASA) and Triumph Structures - Thailand (TST), have signed a comprehensive Memorandum of Understanding (MOU) with Thailand Civil Aviation Training Center (CATC), to work together to foster professional development of aviation talent in Thailand.
NEW YORK, Feb. 22, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Triumph Group, Inc. today announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common stock. The dividend is payable March 15, 2019 to shareholders of record as of March 1, 2019.
The S&P 500 Aerospace & Defense (Industry) and the Dow Jones U.S. Aerospace & Defense index gain 1.2% in the trailing five trading days.
The group announced a new leadership team and longtime CEO Melanie Jordan is shifting to a new role as emeritus executive director of the 18-year-old aerospace suppliers trade group.
The defense and aerospace industry is clamoring for change that would greatly impact Dallas-Fort Worth, as the region is one of the largest defense hubs in the country.
Raytheon's (RTN) sensor systems hold a significant share of the U.S. sensor systems market and the latest contract win will further expand its market share in the country.
Lockheed Martin (LMT) is developing an Aegis Baseline 9.C2 (BMD 5.1) variant computer program, referred to as J7, for the deployment on Japan's Aegis destroyers.
Triumph Group Inc (NYSE: TGI ) could reach positive free cash flow by 2021. Aerostructures, which had a negative cash profile, has started providing upside to shareholders, according to Bank of America ...
Triumph Group (TGI) reaffirmed its fiscal 2019 guidance. Based on anticipated aircraft production rates and divestitures completed in fiscal 2018, the company continues to anticipate its revenues in the range of $3.3-$3.4 billion.
Triumph Group (TGI) delivered earnings and revenue surprises of 10.53% and -1.75%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Berwyn, Pennsylvania-based company said it had a loss of 62 cents. Earnings, adjusted for non-recurring costs and restructuring costs, were 42 cents per share. The results topped ...