TransDigm Group (NYSE: TDG) recently received a number of ratings updates from brokerages and research firms:
TransDigm Group Incorporated (NYSE:TDG) opened at 217.56 on Wednesday. The company’s 50-day moving average price is $241.10 and its 200-day moving average price is $255.20. TransDigm Group Incorporated has a 12-month low of $203.72 and a 12-month high of $294.38. The firm has a market capitalization of $11.50 billion, a price-to-earnings ratio of 25.43 and a beta of 0.49.
TransDigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, February 7th. The company reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.48 by $0.09. The business had revenue of $814 million for the quarter, compared to analysts’ expectations of $804.52 million. TransDigm Group had a negative return on equity of 58.47% and a net margin of 13.91%. TransDigm Group’s quarterly revenue was up 16.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.27 earnings per share. Equities analysts expect that TransDigm Group Incorporated will post $12.23 EPS for the current fiscal year.
In related news, VP Robert S. Henderson sold 10,000 shares of the business’s stock in a transaction on Friday, February 24th. The stock was sold at an average price of $251.06, for a total value of $2,510,600.00. Following the sale, the vice president now owns 35,000 shares of the company’s stock, valued at approximately $8,787,100. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert J. Small purchased 104,967 shares of the firm’s stock in a transaction that occurred on Tuesday, March 14th. The stock was bought at an average cost of $232.95 per share, for a total transaction of $24,452,062.65. Following the purchase, the director now owns 32,713 shares in the company, valued at $7,620,493.35. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 26,000 shares of company stock worth $6,530,840. 10.52% of the stock is currently owned by company insiders.
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.