|Bid||21.39 x 1000|
|Ask||21.40 x 800|
|Day's Range||21.02 - 21.62|
|52 Week Range||11.16 - 26.00|
|Beta (3Y Monthly)||3.41|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 6, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||0.16 (0.79%)|
|1y Target Est||27.33|
LONDON, Oct. 16, 2019 /PRNewswire/ -- Triumph Group (TGI) announced at the MRO Europe conference that it will enhance its service offering with the launch of a new customer support center. The Triumph customer support center will offer a true "One Triumph" approach with single point access to customer support, 24/7/365. Now, a single phone number provides solutions for customer inquiries for all the CAGE codes that fall under the Triumph Group umbrella.
BERWYN, Pa., Oct. 10, 2019 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) announced today a definitive agreement to sell its Nashville based assembly operations to an affiliate of TECT Aerospace. TECT Aerospace manufactures complex aerostructure components, parts and assemblies from the full spectrum of traditional and aerospace alloys, and is headquartered in Wichita, Kansas. The Nashville operations consist of long and large machining, processing and large-scale assembly.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Triumph Group, Inc. New York, October 02, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Triumph Group, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
BERWYN, Pa., Sept. 30, 2019 /PRNewswire/ -- Triumph Group (TGI) today announced that effective immediately, Barbara Humpton, Chairman and Chief Executive Officer of Siemens USA, will join its Board of Directors as an independent director. Ms. Humpton joined Siemens in 2011 and held roles of increasing responsibility in the Siemens Government Technologies business, ultimately being named President and CEO of the business.
The engine throttle control system supports XB-1's final assembly and ground testing, as it prepares for first flight in 2020. Triumph Integrated Systems' Geared and Mechanical Solutions operating company designed and manufactured the throttle control system out of its North Wales, Pennsylvania site. The system consists of the cockpit throttle quadrant, telescopic control assembly, hybrid cables, engine throttle gearbox and pressure bulkhead assembly.
BERWYN, Pa. , Sept. 24, 2019 /PRNewswire/ -- Triumph Group (NYSE: TGI ) announced today that its Product Support business unit was awarded a two-year wheel and brake maintenance, repair and overhaul contract ...
BERWYN, Pa., Sept. 23, 2019 /PRNewswire/ -- Triumph Group, Inc. ("Triumph") (TGI) today announced the closing of its previously announced offering of $525.0 million in aggregate principal amount of senior secured notes due 2024 (the "Notes"), the amendment and extension of its credit facility, and the prepayment and discharge of its 4.875% Senior Notes due 2021 (the "2021 Notes"), which have been called for redemption. The Company used $385.3 million of the net proceeds of the offering to prepay the redemption of its 2021 Notes, and the remainder of the net proceeds to repay amounts outstanding under its credit facility and pay fees and expenses. The Notes were offered in a private placement to qualified institutional buyers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act").
BERWYN, Pa., Sept. 9, 2019 /PRNewswire/ -- Triumph Group, Inc. ("Triumph") (TGI) today announced the pricing of its previously announced offering of $525 million in aggregate principal amount of senior secured notes due 2024 (the "Notes"). The Notes will be issued by Triumph and guaranteed on a full, senior, joint and several basis by each of Triumph's domestic restricted subsidiaries that is a borrower under Triumph's credit facility or that guarantees any debt of Triumph or any of its domestic restricted subsidiaries under its credit facility, and in the future by any of Triumph's domestic restricted subsidiaries that are borrowers under any credit facility or that guarantee any debt of Triumph or any of its domestic restricted subsidiaries incurred under any credit facility. The Notes and the guarantees will be secured, subject to permitted liens, by second-priority liens on all of the assets of Triumph and its subsidiary guarantors that secure all of the indebtedness under Triumph's credit facility and certain hedging and cash management obligations.
Moody's Investors Service ("Moody's") assigned a B3 rating to Triumph Group, Inc's. ("Triumph"), new second lien notes due 2024 and affirmed its other ratings including the Caa1 Corporate Family (CFR), the Caa1-PD Probability of Default, and the Caa2 senior unsecured. Proceeds from the second lien notes will be used to pay off Triumph's senior unsecured notes due 2021 and to reduce borrowings on the revolving credit facility.
BERWYN, Pa., Sept. 9, 2019 /PRNewswire/ -- Triumph Group, Inc. ("Triumph") (TGI) today announced that it intends to offer $525 million in aggregate principal amount of senior secured notes due 2024 (the "Notes"). Triumph intends to use the net proceeds of the offering to redeem its 4.875% Senior Notes due 2021, repay amounts outstanding under its credit facility and pay fees and expenses. The Notes will be offered in a private placement to qualified institutional buyers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), subject to market and other conditions.
BERWYN, Pa., Aug. 20, 2019 /PRNewswire/ -- Triumph Group (TGI) today announced that effective immediately Colleen Repplier will join its Board of Directors as an independent director. Ms. Repplier is a strong and respected leader in the industrial, energy and commercial building industries, with more than three decades of operational and P&L experience. Ms. Repplier spent 20 years in diversified manufacturing companies, holding roles in engineering and marketing with Westinghouse Electric Company and Bechtel Corporation, and progressing roles in sales, engineering, process improvement and general management at General Electric.
BERWYN, Pa. , Aug. 19, 2019 /PRNewswire/ -- Triumph Group, Inc. (NYSE:TGI) today announced that its Board of Directors has declared a regular quarterly dividend of $0.04 per share on its outstanding common ...
BERWYN, Pa., Aug. 14, 2019 /PRNewswire/ -- Triumph Group (TGI) joins Sikorsky, a Lockheed Martin company (LMT), in celebrating the successful first flight of the optionally piloted Black Hawk helicopter equipped with a fly-by-wire technology kit. Triumph Mechanical Solutions, an operating company of Triumph Integrated Systems, is a strategic supplier to Sikorsky and provides a key component of the fly-by-wire kit, the Sensor Feel Module (SFM).
Over the past five trading sessions, the defense biggies put up a dismal show, with General Dynamics and Textron losing the most.
Triumph Group (TGI) delivered earnings and revenue surprises of 2.22% and 3.59%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Reports Organic Revenue Growth of 6% Maintains Fiscal Year 2020 Guidance including Positive Free Cash Flow BERWYN, Pa. , July 31, 2019 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI ) ("Triumph" ...
Additional costs associated with the launch and subsequent delivery of SSN 791 Delaware along with the drydock damage incident may weigh on Huntington Ingalls' (HII) bottom line in Q2.
Spirit AeroSystems (SPR) has been incurring expenses due to the installation of temporary storage mechanisms for protecting 737 MAX fuselages from inclement weather.
Triumph Group (TGI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.