Triumph Group Inc. (TGI): Today's Featured Aerospace/Defense Laggard
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.
(
) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Triumph Group fell $0.75 (-1.0%) to $73.30 on average volume. Throughout the day, 525,545 shares of Triumph Group exchanged hands as compared to its average daily volume of 475,200 shares. The stock ranged in price between $73.24-$74.49 after having opened the day at $74.24 as compared to the previous trading day's close of $74.05. Other companies within the Aerospace/Defense industry that declined today were:
(
), down 11.8%,
(
), down 5.9%,
Innovative Solutions and Support
(
), down 3.4% and
(
), down 2.6%.
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 $4.0 billion and is part of the industrial goods sector. Shares are up 13.5% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Triumph Group a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Triumph Group
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Triumph Group Ratings Report.
On the positive front,
(
), up 7.7%,
(
), up 4.6%,
(
), up 3.8% and
(
), up 2.6% , were all gainers within the aerospace/defense industry with
(
) being today's featured aerospace/defense industry leader.
- Use our aerospace/defense section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider
iShares DJ US Aerospace & Def Idx
(
) while those bearish on the aerospace/defense industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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