Triumph Group Inc. (TGI): Today's Featured Industrial Goods Laggard

Triumph Group was a leading decliner within the industrial goods sector, falling $6.98 (-8.3%) to $77.22 on heavy volume
By TheStreet Wire ,

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Triumph Group

(

TGI

) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.7%. By the end of trading, Triumph Group fell $6.98 (-8.3%) to $77.22 on heavy volume. Throughout the day, 1,562,263 shares of Triumph Group exchanged hands as compared to its average daily volume of 538,900 shares. The stock ranged in price between $77.08-$82.88 after having opened the day at $82.88 as compared to the previous trading day's close of $84.20. Other companies within the Industrial Goods sector that declined today were:

Homex Development

(

HXM

), down 30.6%,

Global-Tech Advanced Innovations

(

GAI

), down 15.5%,

Altra Holdings

(

AIMC

), down 15.0% and

Clean Diesel Technologies

(

CDTI

), down 11.6%.

Triumph Group, Inc., through its subsidiaries, engages in the design, engineering, manufacture, repair, overhaul, and distribution of aero structures, aircraft components, accessories, subassemblies, and systems worldwide. Triumph Group has a market cap of $4.3 billion and is part of the aerospace/defense industry. Shares are up 28.9% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Triumph Group a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Triumph Group

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

China Recycling Energy Corporation

(

CREG

), up 13.6%,

Compx International

(

CIX

), up 8.1%,

Intellicheck Mobilisa

(

IDN

), up 5.8% and

Simpson Manufacturing

(

SSD

), up 4.7% , were all gainers within the industrial goods sector with

Ryland Group

(

RYL

) being today's featured industrial goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider

Industrial Select Sector SPDR

(

XLI

) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30

(

DOG

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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