TRIUMPH GROUP, INC. Triumph Group, Inc. is an international supplier of aerospace components and systems. Based in Berwyn, Pennsylvania, USA, Triumph engineers, designs, and manufactures aircraft components, systems and accessories. Several services and products are offered through three of their operating organizations, Triumph Aerospace Systems Group, Triumph Aerostructures and Triumph Aftermarket Services Group.
Triumph Group serves original equipment manufacturers of regional, commercial, military and business aircraft and components, as well as air cargo carriers and regional and commercial airlines. Based on Barron’s analysis of the earnings power of the aerospace companies, there is an average of 60% absolute increase in earnings through 2014 from current levels. Their analysts believe this can translate into 20% to 40% absolute upside in aerospace stocks from current levels over the next 12 months.
On Monday February 6th, the company reported a 48% surge in profit for the third quarter, reflecting improved operating margins and sales growth at the company's aero structures segment. For the third quarter of 2011, net income is reported of $65.9 million or $1.27 per share, up from $44.64 million or $0.88 per share in the prior year quarter. On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of $1.12 per share for the quarter. Analysts' estimates typically exclude special items. The company tightened its revenue guidance for the year to $3.35 billion to $3.4 billion from the prior range of $3.2 billion to $3.5 billion.
Technically the stock is very attractive with an upward configuration up on the three moving averages. The 20-days moving average come in support of the trend which is on the way to the $68.5 short-term resistance after a consolidation phase between 55 USD and 61 USD.
The qualities of the files allowed a buying strategy with an objective at $76, as fixed by the consensus. A stop loss may avoid the loss due to an eventual volatility movement at 62 USD, up to the short-term support.
Triumph Group serves original equipment manufacturers of regional, commercial, military and business aircraft and components, as well as air cargo carriers and regional and commercial airlines. Based on Barron’s analysis of the earnings power of the aerospace companies, there is an average of 60% absolute increase in earnings through 2014 from current levels. Their analysts believe this can translate into 20% to 40% absolute upside in aerospace stocks from current levels over the next 12 months.
On Monday February 6th, the company reported a 48% surge in profit for the third quarter, reflecting improved operating margins and sales growth at the company's aero structures segment. For the third quarter of 2011, net income is reported of $65.9 million or $1.27 per share, up from $44.64 million or $0.88 per share in the prior year quarter. On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of $1.12 per share for the quarter. Analysts' estimates typically exclude special items. The company tightened its revenue guidance for the year to $3.35 billion to $3.4 billion from the prior range of $3.2 billion to $3.5 billion.
Technically the stock is very attractive with an upward configuration up on the three moving averages. The 20-days moving average come in support of the trend which is on the way to the $68.5 short-term resistance after a consolidation phase between 55 USD and 61 USD.
The qualities of the files allowed a buying strategy with an objective at $76, as fixed by the consensus. A stop loss may avoid the loss due to an eventual volatility movement at 62 USD, up to the short-term support.
