Triumph Group Receives a Hold from SunTrust Robinson

By Jason Carr

SunTrust Robinson analyst Michael Ciarmoli reiterated a Hold rating on Triumph Group (NYSE: TGI) today and set a price target of $27. The company’s shares closed on Friday at $25.35.

According to, Ciarmoli is a 5-star analyst with an average return of 19.4% and a 78.1% success rate. Ciarmoli covers the Consumer Goods sector, focusing on stocks such as Aerojet Rocketdyne Holdings, Transdigm Group Inc, and L3 Technologies Inc.

Currently, the analyst consensus on Triumph Group is Moderate Buy and the average price target is $31.17, representing a 23.0% upside.

In a report issued on April 18, Canaccord Genuity also reiterated a Hold rating on the stock with a $30 price target.

Based on Triumph Group’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $741 million and GAAP net loss of $113 million. In comparison, last year the company earned revenue of $888 million and had a GAAP net loss of $127 million.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock.

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Triumph Group, Inc. is engaged in the design, engineer, manufacture, repair, overhaul and distribution of aerostructures, aircraft components, accessories, subassemblies and systems. It serves as a spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. It operates through three segments: Triumph Aerostructures Group, Triumph Aerospace Systems Group, and Triumph Aftermarket Services Group. The Triumph Aerostructures Group segment engages in design, manufacture and build complete metallic and composite aerostructures, and structural components. The Triumph Aerospace Systems Group segment involves in design and engineer mechanical, electromechanical, hydraulic, and hydromechanical control systems. The Aftermarket Services Group segment engages in the maintenance, repair and overhaul services and supplies spare parts for the commercial and military aviation industry and provides services to world’s airline and air cargo carrier customers. The company was founded by Richard C. Ill in 1993 and is headquartered in Berwyn, PA.