TransDigm Group (NYSE:TDG) will be announcing its earnings results before the market opens on Tuesday, February 6th. Analysts expect the company to announce earnings of $2.79 per share for the quarter. TransDigm Group has set its FY18 guidance at $12.78-13.42 EPS.
TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Thursday, November 9th. The aerospace company reported $3.48 EPS for the quarter, topping the Zacks’ consensus estimate of $3.18 by $0.30. The firm had revenue of $923.89 million during the quarter, compared to the consensus estimate of $959.77 million. TransDigm Group had a negative return on equity of 30.13% and a net margin of 12.44%. The firm’s revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the business earned $3.29 EPS. On average, analysts expect TransDigm Group to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.
TransDigm Group (TDG) opened at $317.28 on Tuesday. The company has a market capitalization of $16,322.10, a price-to-earnings ratio of 40.06, a P/E/G ratio of 2.64 and a beta of 0.50. The company has a debt-to-equity ratio of -3.86, a quick ratio of 1.61 and a current ratio of 2.45. TransDigm Group has a 52 week low of $203.72 and a 52 week high of $320.36.
A number of research analysts recently commented on TDG shares. Zacks Investment Research upgraded TransDigm Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. Royal Bank of Canada set a $346.00 price objective on TransDigm Group and gave the stock a “buy” rating in a research note on Thursday, November 16th. SunTrust Banks restated a “buy” rating and set a $300.00 price objective on shares of TransDigm Group in a research note on Monday, October 2nd. Jefferies Group restated a “hold” rating and set a $285.00 price objective on shares of TransDigm Group in a research note on Monday, January 8th. Finally, Robert W. Baird reiterated a “buy” rating and set a $300.00 price target on shares of TransDigm Group in a research report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. TransDigm Group currently has a consensus rating of “Buy” and an average price target of $298.58.
In other TransDigm Group news, EVP James Skulina purchased 2,422 shares of TransDigm Group stock in a transaction on Friday, May 11th. The stock was bought at an average price of $245.52 per share, for a total transaction of $594,649.44. Following the transaction, the executive vice president now owns 4,000 shares of the company’s stock, valued at approximately $982,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Raymond F. Laubenthal sold 6,000 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $263.94, for a total value of $1,583,640.00. Following the transaction, the director now owns 75,818 shares of the company’s stock, valued at approximately $20,011,402.92. The disclosure for this sale can be found here. Insiders have sold a total of 94,548 shares of company stock valued at $25,894,245 in the last quarter. 10.52% of the stock is currently owned by insiders.
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TransDigm Group Company Profile
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.
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