Triumph Financial (NYSE:TFIN) Trading Down 12% – Should You Sell?

Triumph Financial, Inc. (NYSE:TFIN) fell 12% during trading on Thursday . The company traded as low as $59.45 and last traded at $60.91. 168,715 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 229,033 shares. The stock had previously closed at $69.18.

Analysts Set New Price Targets

Several analysts have commented on the stock. B. Riley Financial cut shares of Triumph Financial from a “buy” rating to a “hold” rating and set a $70.00 price objective for the company. in a research note on Monday, January 12th. Zacks Research raised shares of Triumph Financial from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Wall Street Zen lowered shares of Triumph Financial from a “hold” rating to a “sell” rating in a report on Sunday, January 18th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Triumph Financial in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $70.00.

Triumph Financial Stock Performance

The company’s 50 day simple moving average is $65.42. The stock has a market cap of $1.50 billion, a PE ratio of 68.05 and a beta of 1.52. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.96 and a quick ratio of 0.96.

Triumph Financial (NYSE:TFIN) last released its quarterly earnings data on Monday, January 26th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.48. The company had revenue of $120.08 million during the quarter, compared to analysts’ expectations of $111.21 million. Triumph Financial had a net margin of 4.89% and a return on equity of 3.53%.

Triumph Financial Company Profile

Triumph Financial, Inc (NYSE: TFIN) is a financial holding company that operates through its banking subsidiary to provide commercial banking and related financial services. The company focuses on delivering deposit, lending and payment solutions customary to community-oriented banks and regional financial institutions.

Products and services typically offered include commercial and consumer lending, residential mortgage origination and servicing, deposit accounts, cash management and treasury services, and other fee-based banking products.