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Triumph Group, Inc. · NYSE · Industrials
Browse public TGI signals with their source context and measured market impact. Open any signal for its permanent analysis page.
TGI downgraded from Buy to Underperform by Truist Securities analyst. BofA cites uncertain aircraft production rates affecting TGI's outlook. Analyst projects TGI price drop from $17 to $12 target. Concerns over production cuts could worsen cash flow issues. Recent shares declined by 5.35% to $12.83.
View signal analysisSummary: - Triumph Group reported quarterly EPS of $0.31, beating estimates by 158.33%. - Company posted revenues of $358.59 million, exceeding estimates by 6.37%. - Stock has lost 9.5% YTD, with an unfavorable Zacks Rank of #5 (Strong Sell). Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings
View signal analysis- Expected decline in earnings on lower revenues for Triumph Group in March 2024. - Zacks Consensus Estimate expects quarterly earnings of $0.09 per share, down -76.9%. - An Earnings ESP of +159.46% for Triumph Group but Zacks Rank of #5. - Analysts predict stocks with Zacks Rank produce positive surprises 70% of the time. - Earnings beat doesn't guarantee stock increase; other factors can affect stock performance. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis
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