Triumph Financial, Inc. (NYSE:TFIN) Receives Consensus Recommendation of “Hold” from Analysts

by · The Cerbat Gem

Triumph Financial, Inc. (NYSE:TFIN – Get Free Report) has been given an average rating of “Hold” by the seven brokerages that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $84.80.

TFIN has been the topic of several recent research reports. Keefe, Bruyette & Woods lifted their price objective on Triumph Financial from $78.00 to $88.00 and gave the stock a “market perform” rating in a report on Thursday, July 23rd. Stephens upped their target price on Triumph Financial from $82.00 to $88.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. DA Davidson raised their target price on Triumph Financial from $65.00 to $82.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Triumph Financial in a research note on Friday, August 7th. Finally, Zacks Research lowered shares of Triumph Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th.

Get Our Latest Stock Analysis on Triumph Financial

Triumph Financial Trading Up 0.2%

Shares of Triumph Financial stock opened at $62.30 on Monday. Triumph Financial has a 1 year low of $46.43 and a 1 year high of $83.52. The company’s fifty day simple moving average is $70.15 and its 200-day simple moving average is $69.20. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 42.09 and a beta of 1.53. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.05.

Triumph Financial (NYSE:TFIN – Get Free Report) last released its earnings results on Tuesday, July 21st. The company reported $0.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.44. The business had revenue of $120.24 million for the quarter, compared to the consensus estimate of $114.67 million. Triumph Financial had a return on equity of 4.69% and a net margin of 7.17%. As a group, sell-side analysts expect that Triumph Financial will post 1.92 EPS for the current year.

Insider Buying and Selling at Triumph Financial

In other Triumph Financial news, EVP Adam Nelson sold 3,750 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $79.05, for a total value of $296,437.50. Following the sale, the executive vice president directly owned 23,755 shares in the company, valued at $1,877,832.75. This represents a 13.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Edward Schreyer sold 2,900 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $73.75, for a total value of $213,875.00. Following the transaction, the executive vice president owned 15,534 shares of the company’s stock, valued at $1,145,632.50. This represents a 15.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 5.51% of the stock is owned by insiders.

Institutional Investors Weigh In On Triumph Financial

A number of hedge funds have recently made changes to their positions in TFIN. Integrated Wealth Concepts LLC bought a new position in Triumph Financial during the 2nd quarter valued at about $43,000. Squarepoint Ops LLC bought a new stake in Triumph Financial during the second quarter worth about $1,874,000. Nykredit A S acquired a new stake in shares of Triumph Financial during the second quarter worth approximately $105,000. Corient Private Wealth LP acquired a new stake in shares of Triumph Financial during the second quarter worth approximately $230,000. Finally, HighTower Advisors LLC bought a new position in shares of Triumph Financial in the second quarter valued at approximately $216,000. Institutional investors and hedge funds own 91.11% of the company’s stock.

Triumph Financial Company Profile

(Get Free Report)

Triumph Financial, Inc is a financial technology and banking company based in Dallas, Texas. The company provides specialized financial products and payment solutions, with a particular focus on the transportation industry and the businesses that support it.

Its operations include transportation factoring, which provides working capital to motor carriers by purchasing their outstanding freight invoices. Triumph Financial also operates TriumphPay, a payments platform designed to facilitate, automate and manage transactions among carriers, brokers and other participants in the freight industry.

Through its banking operations, the company offers commercial banking products and services to businesses and consumers, including deposit accounts, lending and treasury management solutions.

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