Triumph Group Provides COVID-19 Update; Announces $75M in Cost Reductions
Triumph Group, Inc. (TGI)
Last triumph group, inc. earnings: 2/6 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.triumphgroup.com/investor-overview
Company Research
Source: PR Newswire
BERWYN, Pa., March 18, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today provided an update on its assessment of the impacts of the coronavirus (COVID-19). While the safety and well-being of its employees and the community it serves remain top priorities for the company, the Company announced certain cost reduction initiatives to align capacity with expected demand and meet our commitments to all stakeholders. To date, there has been no material impact to Triumph's backlog or revenue as a result of COVID-19 and the Company currently anticipates no material impact to results for fiscal year 2020 which ends March 31, 2020. Triumph's diversified product and service offerings across defense, commercial, and international markets lessen the impact of disruptions to any one program or market segment. As of this time, all of Triumph's factories and key suppliers remain operational. While the Company is not aware of any employees who have been confirmed a
Show less
Read more
Impact Snapshot
Event Time:
TGI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TGI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TGI alerts
High impacting Triumph Group, Inc. news events
Weekly update
A roundup of the hottest topics
TGI
News
- Triumph Group, Inc. (NYSE: TGI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Triumph Group, Inc. (NYSE: TGI) had its price target raised by analysts at Barclays PLC from $16.00 to $21.00. They now have an "overweight" rating on the stock.MarketBeat
- Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Triumph Group Stock Only Has Appeal As An Aerospace Acquisition Target [Seeking Alpha]Seeking Alpha
- Triumph Group, Inc. (NYSE: TGI) had its price target raised by analysts at TD Cowen from $14.00 to $20.00. They now have a "hold" rating on the stock.MarketBeat
TGI
Earnings
- 11/12/24 - Beat
TGI
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- TGI's page on the SEC website