The stock price of Triumph Financial Inc (NASDAQ: TFIN) has plunged by -8.28 when compared to previous closing price of 74.13, but the company has seen a -11.82% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-17 that While the top- and bottom-line numbers for Triumph Financial (TFIN) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Is It Worth Investing in Triumph Financial Inc (NASDAQ: TFIN) Right Now?
Triumph Financial Inc (NASDAQ: TFIN) has a price-to-earnings ratio that is above its average at 42.31x. The stock has a 36-month beta value of 1.19. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for TFIN is 22.04M, and at present, short sellers hold a 7.67% of that float. On April 18, 2024, the average trading volume of TFIN was 149.65K shares.
TFIN’s Market Performance
TFIN stock saw a decrease of -11.82% in the past week, with a monthly decline of -10.24% and a quarterly a decrease of -7.98%. The volatility ratio for the week is 2.50%, and the volatility levels for the last 30 days are 2.35% for Triumph Financial Inc (TFIN). The simple moving average for the last 20 days is -11.70% for TFIN stock, with a simple moving average of -3.02% for the last 200 days.
Analysts’ Opinion of TFIN
Many brokerage firms have already submitted their reports for TFIN stocks, with Piper Sandler repeating the rating for TFIN by listing it as a “Underweight.” The predicted price for TFIN in the upcoming period, according to Piper Sandler is $67 based on the research report published on February 12, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see TFIN reach a price target of $72. The rating they have provided for TFIN stocks is “Neutral” according to the report published on November 17th, 2023.
Piper Sandler gave a rating of “Neutral” to TFIN, setting the target price at $60 in the report published on October 09th of the previous year.
TFIN Trading at -10.89% from the 50-Day Moving Average
After a stumble in the market that brought TFIN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.31% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 2.50%, as shares sank -12.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.64% lower at present.
During the last 5 trading sessions, TFIN fell by -11.48%, which changed the moving average for the period of 200-days by +11.50% in comparison to the 20-day moving average, which settled at $76.52. In addition, Triumph Financial Inc saw -15.20% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TFIN starting from Nelson Adam D, who sale 4,523 shares at the price of $80.32 back on Feb 12 ’24. After this action, Nelson Adam D now owns 31,050 shares of Triumph Financial Inc, valued at $363,287 using the latest closing price.
Nelson Adam D, the EVP and General Counsel of Triumph Financial Inc, sale 500 shares at $80.00 during a trade that took place back on Feb 09 ’24, which means that Nelson Adam D is holding 31,050 shares at $40,000 based on the most recent closing price.
Stock Fundamentals for TFIN
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 1.0 for the gross margin
The net margin for Triumph Financial Inc stands at 0.11. The total capital return value is set at 0.01. Equity return is now at value 4.69, with 0.76 for asset returns.
Currently, EBITDA for the company is 37.88 million with net debt to EBITDA at -1.2. When we switch over and look at the enterprise to sales, we see a ratio of 4.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.20.
Conclusion
To sum up, Triumph Financial Inc (TFIN) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
