Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

On Jul 8, 2013, the shares of Triumph Group Inc. (TGI - Analyst Report) hit a 52-week high of $82.06. Triumph Group registered positive earnings surprises in the last four quarters, with an average beat of 11.28%.

The ongoing improvement in the commercial aviation market will boost the company’s future prospects. Recently, Triumph Group received a $1.7 billion contract from Brazilian aircraft manufacturer, Embraer SA (ERJ - Analyst Report), to provide aeronautical services.

Triumph Group also supplies aerospace structures to The Boeing Company (BA - Analyst Report) and Airbus. The shower of orders for these two companies at the recently concluded Paris Air show could open up new opportunities for Triumph Group. Europe's Airbus notched up orders for 466 planes worth $70 billion in sales at the show while Boeing inked agreements for 442 planes worth $66 billion.

Triumph Group made two strategic acquisitions this year. Both these acquisitions will complement the company’s operations and will be immediately accretive to its earnings.

Triumph Group projects ongoing earnings for fiscal 2014 in the range of $6.30 to $6.40 per share, up from $6.21 per share earned in fiscal 2013. The company expects total revenue in the range of $3.8 billion to $4.0 billion.

We expect long-term earnings growth of 13.15% on the back of sales growth of 36.49%. The Zacks Consensus Estimate for 2013 of $6.37 is on the higher end of the guided range, reflecting an estimated year-over-year growth of 2.56%.

The strong financial position of Triumph Group enables it to reward its shareholders through dividend payments. In fiscal 2013, the company paid dividends worth $8 million to its shareholders.

Triumph Group currently retains a Zacks Rank #3 (Hold). Meanwhile Astronics Corp. (ATRO - Snapshot Report) with a Zacks Rank #1 (Strong Buy) is worth considering.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%