Triumph Group reportedly mulling sale, Bloomberg says: shares jump [Yahoo! Finance]
Triumph Group, Inc. (TGI)
Last triumph group, inc. earnings: 2/6 06:00 am
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ir.triumphgroup.com/investor-overview
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Source: Yahoo! Finance
Triumph Group Inc (NYSE:TGI) gained 25% in recent trading following the news. The aircraft components maker, which has a market capitalization of $851 million, has enlisted a financial advisor to gauge interest from both strategic buyers and private equity firms, the sources told Bloomberg. The company has endured a turbulent year so far, with shares down by more than third year to date, as its order book has been hurt by slowing Boeing (NYSE:BA) 737 Max shipments. A representative for Triumph declined to comment on the potential sale when contacted by Bloomberg. The sources cautioned that the deliberations are still in early stages, and Triumph could ultimately decide to remain independent. Related Articles Recommended Stories
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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