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Triumph Group (TGI) in Focus: Stock Tumbles 11.7%
January 30, 2014

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Triumph Group, Inc. (TGI - Free Report) saw a big move last session, as the company’s shares fell by nearly 12% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most recent downtrend for TGI, as the stock is now down 13% since Jan 16.

This aerospace component designer and manufacturer has seen a mixed track record when it comes to current year estimate revisions over the past few weeks. One estimate was revised lower while there was no upward revision. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

TGI currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the aerospace-defense sector include The Boeing Company (BA - Free Report) , Lockheed Martin Corporation (LMT - Free Report) and Wesco Aircraft Holdings, Inc. (WAIR - Free Report) . While Boeing Company and Lockheed Martin carry a Zacks Rank #1 (Strong Buy), Wesco Aircraft holds a Zacks Rank #2 (Buy).

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