Truist Financial analyst Michael Ciarmoli maintained a Buy rating on Triumph Group (TGI – Research Report) on September 14 and set a price target of $17.00. The company’s shares closed yesterday at $8.20.
According to TipRanks, Ciarmoli is a 5-star analyst with an average return of 10.2% and a 59.39% success rate. Ciarmoli covers the Industrials sector, focusing on stocks such as Leonardo Drs, Triumph Group, and Air Transport Services.
Triumph Group has an analyst consensus of Hold, with a price target consensus of $12.14.
TGI market cap is currently $674.3M and has a P/E ratio of 7.04.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TGI in relation to earlier this year. Most recently, in June 2023, Thomas Quigley, the VP, IR, M&A & Treasurer of TGI bought 7,499.00 shares for a total of $89,463.07.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing and overhauling of aerospace and defense systems, components and structures. It operates through the following three segments: Triumph Integrated Systems, Triumph Aerospace Structures and Triumph Product Support. The Triumph Integrated Systems segment engages in designing, development and supporting proprietary components, subsystems and systems, as well as production of complex assemblies using external designs. The Triumph Aerospace Structures segment engages in supplying of commercial, business, regional and military manufacturers with large metallic and composite structures and produce close-tolerance parts. The Triumph Product Support segment provides full life cycle solutions for commercial, regional and military aircraft. The company was founded by Richard C. Ill in 1993 and is headquartered in Berwyn, PA.
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