Why Triumph Group Inc’s (TGI) Stock Is Down 4.50% (2024)

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Triumph Group Inc before investing.

In this article, we go over a few key elements for understanding Triumph Group Inc’s stock price such as:

Before we jump into Triumph Group Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Triumph Group, Inc. designs, engineers, manufactures, repairs and overhauls a 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. The Company offers a variety of products and services to the aerospace industry. The Company operates through two segments. Triumph Systems & Support segment designs, develops and supports components, subsystems and systems; provides complex assemblies using external designs; and provides full life cycle solutions for commercial, regional and military aircraft. Triumph Interiors segment supplies commercial and regional manufacturers with aircraft interior systems, including air ducting and thermal acoustic insulation systems. Its Systems and Supports capabilities include hydraulic, mechanical, and electromechanical actuation.

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As of March 11, 2024, 4:00 PM, CST, Triumph Group Inc’s stock price was $14.00.

Triumph Group Inc is down 4.5% from its previous closing price of $14.66.

During the last market session, Triumph Group Inc’s stock traded between $14.47 and $15.12. Currently, there are 76.90 million shares of Triumph Group Inc stock available for purchase.

Unfortunately, Triumph Group Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Triumph Group Inc’s (TGI) price is currently up 0.72% so far this month.

During the month of March, Triumph Group Inc’s stock price has reached a high of $15.24 and a low of $13.66.

Over the last year, Triumph Group Inc has hit prices as high as $17.27 and as low as $7.00. Year to date, Triumph Group Inc’s stock is up 33.08%.

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Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 08, 2024, there were 3 analysts who downgraded Triumph Group Inc’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Triumph Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Triumph Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Triumph Group Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Triumph Group Inc (TGI) by visiting AAII Stock Evaluator.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 08, 2024, Triumph Group Inc has a weighted four-quarter relative price strength of 3.96%, which translates to a Momentum Score of 80 and is considered to be Strong.

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As of March 11, 2024, Triumph Group Inc’s stock price is $14.00, which is down 4.5% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Triumph Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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