Triumph Financial (NASDAQ:TFIN) Hits New 1-Year Low – Should You Sell?

Triumph Financial, Inc. (NASDAQ:TFIN) reached a new 52-week low on Friday . The stock traded as low as $58.11 and last traded at $58.32, with a volume of 53944 shares trading hands. The stock had previously closed at $61.28.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TFIN. DA Davidson reduced their price objective on Triumph Financial from $100.00 to $82.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 28th. Stephens reaffirmed an “equal weight” rating and set a $109.00 price target on shares of Triumph Financial in a research note on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods raised shares of Triumph Financial from an “underperform” rating to a “market perform” rating and dropped their price objective for the stock from $80.00 to $74.00 in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $79.00.

Triumph Financial Price Performance

The firm has a market capitalization of $1.37 billion, a P/E ratio of 108.70 and a beta of 1.22. The stock’s 50 day simple moving average is $70.85 and its 200 day simple moving average is $83.60. 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 released its quarterly earnings results on Wednesday, January 22nd. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate 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, analysts expect that Triumph Financial, Inc. will post 1.08 earnings per share for the current fiscal year.

Institutional Trading of Triumph Financial

Several large investors have recently added to or reduced their stakes in TFIN. Bank of America Corp DE boosted its holdings in Triumph Financial by 478.3% in the fourth quarter. Bank of America Corp DE now owns 350,573 shares of the company’s stock valued at $31,860,000 after purchasing an additional 289,955 shares during the last quarter. American Century Companies Inc. boosted its position in Triumph Financial by 34.0% in the 4th quarter. American Century Companies Inc. now owns 782,198 shares of the company’s stock worth $71,086,000 after purchasing an additional 198,611 shares in the last quarter. Norges Bank acquired a new stake in shares of Triumph Financial during the 4th quarter worth approximately $6,151,000. Hodges Capital Management Inc. increased its holdings in shares of Triumph Financial by 42.3% during the 4th quarter. Hodges Capital Management Inc. now owns 148,435 shares of the company’s stock valued at $13,490,000 after purchasing an additional 44,100 shares in the last quarter. Finally, Curi RMB Capital LLC lifted its stake in shares of Triumph Financial by 133.9% in the 4th quarter. Curi RMB Capital LLC now owns 72,022 shares of the company’s stock valued at $6,545,000 after purchasing an additional 41,226 shares during the period. 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.