Alert: Negative Investment/Fundamental Signals (3/4/24)-Triumph Group Inc. (NYSE: TGI)

Recent exceptional negative changes in investment behavior have affected Triumph Group Inc. (NYSE: TGI): negative upside/downside volume developed, and its shorter term price trend turned down.
Triumph Group Inc. (NYSE: TGI) suffers from meaningful negative changes in fundamentals: the consensus estimate for March, 2023 decreased significantly, and the consensus estimate for March, 2024 decreased significantly.
The stock is currently unrated.

With future capital returns forecasted to be below the cost of capital, TGI is expected to be a major Value Eraser.
Triumph Group is currently unrated.
Triumph Group Inc. (NYSE: TGI) stock closed at $14.19 on 3/4/24 after a slight decline of -0.07%. However, trading volume in this decline was unusually low at 64% of normal. The stock has declined -2.7% during the last week but has been exceptionally strong relative to the market over the last nine months.