Triumph Group Inc. (TGI): Today's Featured Aerospace/Defense Loser
(
) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense loser. The industry as a whole closed the day down 0.2%. By the end of trading, Triumph Group Inc fell 32 cents (-0.6%) to $52.65 on light volume. Throughout the day, 139,425 shares of Triumph Group Inc exchanged hands as compared to its average daily volume of 603,100 shares. The stock ranged in price between $52.53-$53.75 after having opened the day at $52.87 as compared to the previous trading day's close of $52.97. Other company's within the Aerospace/Defense industry that declined today were:
(
), down 7.8%,
Smith & Wesson Holding Corporation
(
), down 6.2%,
(
), down 2.7%, and
(
), down 2.6%.
Triumph Group, Inc., through its subsidiaries, engages in the design, engineering, manufacture, repair, overhaul, and distribution of aerostructures, aircraft components, accessories, subassemblies, and systems worldwide. Triumph Group Inc has a market cap of $2.69 billion and is part of the
sector. The company has a P/E ratio of 12.9, below the average aerospace/defense industry P/E ratio of 13.6 and below the S&P 500 P/E ratio of 17.7. Shares are up 18.5% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates Triumph Group as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. 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 8%,
(
), up 7.6%,
(
), up 3.6%, and
(
), up 2.1%, were all gainers within the aerospace/defense industry with
(
) being today's featured aerospace/defense industry winner.
- 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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