TGI

JP Morgan Upgrades Triumph Group (TGI)

Fintel reports that on April 15, 2024, JP Morgan upgraded their outlook for Triumph Group (NYSE:TGI) from Underweight to Neutral.

Analyst Price Forecast Suggests 43.95% Upside

As of March 31, 2024, the average one-year price target for Triumph Group is 19.66. The forecasts range from a low of 13.13 to a high of $28.35. The average price target represents an increase of 43.95% from its latest reported closing price of 13.66.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Triumph Group is 1,508MM, an increase of 7.14%. The projected annual non-GAAP EPS is 1.26.

What is the Fund Sentiment?

There are 385 funds or institutions reporting positions in Triumph Group. This is an increase of 1 owner(s) or 0.26% in the last quarter. Average portfolio weight of all funds dedicated to TGI is 0.21%, an increase of 98.80%. Total shares owned by institutions increased in the last three months by 0.25% to 78,473K shares. TGI / Triumph Group, Inc. Put/Call Ratios The put/call ratio of TGI is 1.35, indicating a bearish outlook.

What are Other Shareholders Doing?

TGI / Triumph Group, Inc. Shares Held by Institutions

Hill City Capital holds 5,601K shares representing 7.29% ownership of the company. In it's prior filing, the firm reported owning 5,361K shares, representing an increase of 4.28%. The firm increased its portfolio allocation in TGI by 48.83% over the last quarter.

IJR - iShares Core S&P Small-Cap ETF holds 4,077K shares representing 5.30% ownership of the company. No change in the last quarter.

Maple Rock Capital Partners holds 3,699K shares representing 4.81% ownership of the company. In it's prior filing, the firm reported owning 2,667K shares, representing an increase of 27.90%. The firm increased its portfolio allocation in TGI by 94.42% over the last quarter.

XAR - SPDR(R) S&P(R) Aerospace & Defense ETF holds 2,567K shares representing 3.34% ownership of the company. In it's prior filing, the firm reported owning 3,792K shares, representing a decrease of 47.72%. The firm increased its portfolio allocation in TGI by 6.51% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,536K shares representing 3.30% ownership of the company. No change in the last quarter.

Triumph Group Background Information
(This description is provided by the company.)

Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.