Triumph Financial (NASDAQ:TFIN) Sets New 1-Year Low – Time to Sell?

Triumph Financial, Inc. (NASDAQ:TFIN) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $66.41 and last traded at $66.28, with a volume of 92256 shares trading hands. The stock had previously closed at $68.85.

Wall Street Analyst Weigh In

TFIN has been the subject of several research analyst reports. Keefe, Bruyette & Woods upgraded shares of Triumph Financial from an “underperform” rating to a “market perform” rating and lowered their price objective for the stock from $80.00 to $74.00 in a report on Thursday. Stephens restated an “equal weight” rating and set a $109.00 price target on shares of Triumph Financial in a research report on Thursday, January 23rd. Finally, DA Davidson decreased their price objective on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat, Triumph Financial presently has a consensus rating of “Hold” and a consensus price target of $79.00.

Triumph Financial Stock Performance

The business has a 50-day moving average price of $81.29 and a 200 day moving average price of $86.42. The stock has a market capitalization of $1.56 billion, a P/E ratio of 123.26 and a beta of 1.22. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 0.98.

Triumph Financial (NASDAQ:TFIN) last announced its quarterly earnings results on Wednesday, January 22nd. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.10). Triumph Financial had a return on equity of 1.93% and a net margin of 3.30%. As a group, sell-side analysts forecast that Triumph Financial, Inc. will post 1.08 EPS for the current fiscal year.

Institutional Investors Weigh In On Triumph Financial

A number of institutional investors have recently made changes to their positions in the company. US Bancorp DE lifted its position in Triumph Financial by 43.7% in the 3rd quarter. US Bancorp DE now owns 13,103 shares of the company’s stock valued at $1,042,000 after acquiring an additional 3,987 shares in the last quarter. KBC Group NV lifted its holdings in shares of Triumph Financial by 46.4% during the third quarter. KBC Group NV now owns 798 shares of the company’s stock valued at $63,000 after purchasing an additional 253 shares in the last quarter. Curi RMB Capital LLC lifted its holdings in shares of Triumph Financial by 3.4% during the third quarter. Curi RMB Capital LLC now owns 30,796 shares of the company’s stock valued at $2,450,000 after purchasing an additional 1,027 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of Triumph Financial by 1.2% during the third quarter. Thrivent Financial for Lutherans now owns 1,156,330 shares of the company’s stock valued at $91,975,000 after buying an additional 13,510 shares during the last quarter. Finally, LMR Partners LLP bought a new stake in Triumph Financial in the 3rd quarter worth about $225,000. Hedge funds and other institutional investors own 91.11% of the company’s stock.

Triumph Financial Company Profile

Triumph Financial, Inc, a financial holding company, provides various payments, factoring, and banking services in the United States. It operates through Banking, Factoring, and Payments segments. The company offers deposit products, including checking, savings, money market and certificates of deposit; and loan products, such as commercial real estate, land, commercial construction and land development, residential real estate, commercial agriculture, and consumer loans, as well as commercial and industrial loans, equipment loans, asset-based loans, business loans for working capital and operational purposes, and liquid credit loans.