Triumph Financial (NASDAQ:TFIN) Sets New 12-Month Low - What's Next?

Triumph Financial, Inc. (NASDAQ:TFIN - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $51.52 and last traded at $51.86, with a volume of 79453 shares. The stock had previously closed at $58.61.

Analysts Set New Price Targets

A number of equities analysts have issued reports on TFIN shares. Stephens reiterated an "equal weight" rating and set a $109.00 price target on shares of Triumph Financial in a research report on Thursday, January 23rd. DA Davidson decreased their target price on Triumph Financial from $100.00 to $82.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 28th. Finally, Keefe, Bruyette & Woods raised shares of Triumph Financial from an "underperform" rating to a "market perform" rating and dropped their price target for the company 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 company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $79.00.

Triumph Financial Trading Down 3.3 %

The company has a market capitalization of $1.14 billion, a PE ratio of 90.39 and a beta of 1.18. The company has a fifty day simple moving average of $66.60 and a 200-day simple moving average of $82.37. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

Triumph Financial (NASDAQ:TFIN - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.10). Triumph Financial had a net margin of 3.30% and a return on equity of 1.93%. Analysts predict that Triumph Financial, Inc. will post 1.08 EPS for the current year.

Institutional Investors Weigh In On Triumph Financial

Several institutional investors and hedge funds have recently modified their holdings of the company. Precision Wealth Strategies LLC grew its holdings in shares of Triumph Financial by 2.7% in the fourth quarter. Precision Wealth Strategies LLC now owns 5,354 shares of the company's stock valued at $487,000 after purchasing an additional 141 shares in the last quarter. Federated Hermes Inc. grew its stake in shares of Triumph Financial by 4.3% in the fourth quarter. Federated Hermes Inc. now owns 3,578 shares of the company's stock worth $325,000 after acquiring an additional 147 shares in the last quarter. Blue Trust Inc. increased its position in shares of Triumph Financial by 43.4% during the fourth quarter. Blue Trust Inc. now owns 674 shares of the company's stock worth $61,000 after acquiring an additional 204 shares during the period. Illinois Municipal Retirement Fund increased its position in shares of Triumph Financial by 2.1% during the fourth quarter. Illinois Municipal Retirement Fund now owns 12,326 shares of the company's stock worth $1,120,000 after acquiring an additional 252 shares during the period. Finally, Pictet Asset Management Holding SA raised its stake in shares of Triumph Financial by 9.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 3,004 shares of the company's stock valued at $273,000 after acquiring an additional 270 shares in the last quarter. 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.