Analysts Predict Big Rebound For Berwyn’s Triumph Group

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If you’re looking for a good investment, Barron’s analysts are betting big on Berwyn’s global aerospace manufacturer Triumph Group.

A recent analysis predicts Triumph stock could soar 25 percent in the next 12 months, rebounding from a Boeing contract trimming that spurred the past year’s 20 percent drop in stock price through double-digit earnings estimates for the near future.

“Michael Ciarmoli, an analyst at KeyBanc Capital Markets, estimates earnings will rise 17 percent this fiscal year, to $5.78 a share, on $3.8 billion in revenue and increase 14 percent in fiscal 2016, to $6.61 a share, on slightly higher revenue. The company’s fiscal year ends in March,” the article stated. “In the next 12 months, the stock could rise 25 percent to $83. That’s based on 12.5 times Ciarmoli’s 2016 estimate.”

Read more about Triumph’s recent slump and factors behind a potential resurgence in Barron’s here.

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