TransDigm Group Incorporated (NYSE:TDG) insider Alex Feil sold 5,444 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $280.85, for a total transaction of $1,528,947.40. Following the sale, the insider now directly owns 5,444 shares of the company’s stock, valued at approximately $1,528,947.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
TransDigm Group Incorporated (NYSE:TDG) opened at $285.80 on Wednesday. The company has a current ratio of 2.76, a quick ratio of 1.86 and a debt-to-equity ratio of -4.38. The firm has a market cap of $14,748.07, a PE ratio of 23.50, a PEG ratio of 1.62 and a beta of 0.66. TransDigm Group Incorporated has a 1 year low of $203.72 and a 1 year high of $321.38.
TransDigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, February 6th. The aerospace company reported $2.43 earnings per share for the quarter, missing the consensus estimate of $2.64 by ($0.21). The firm had revenue of $847.96 million for the quarter, compared to analyst estimates of $860.12 million. TransDigm Group had a net margin of 18.95% and a negative return on equity of 27.70%. The company’s revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.57 EPS. analysts expect that TransDigm Group Incorporated will post 14.92 earnings per share for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its position in TransDigm Group by 43.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 519 shares of the aerospace company’s stock valued at $142,000 after buying an additional 158 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in TransDigm Group by 540.5% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 538 shares of the aerospace company’s stock valued at $148,000 after buying an additional 454 shares during the last quarter. Neville Rodie & Shaw Inc. acquired a new position in TransDigm Group in the fourth quarter valued at about $205,000. Alps Advisors Inc. acquired a new position in TransDigm Group in the fourth quarter valued at about $205,000. Finally, HighTower Advisors LLC acquired a new position in TransDigm Group in the second quarter valued at about $201,000.
A number of research firms have recently issued reports on TDG. Cowen reaffirmed a “hold” rating and set a $290.00 target price on shares of TransDigm Group in a report on Monday, January 29th. Canaccord Genuity reaffirmed a “buy” rating and set a $330.00 target price on shares of TransDigm Group in a report on Friday, February 2nd. Royal Bank of Canada set a $370.00 target price on shares of TransDigm Group and gave the stock a “buy” rating in a report on Wednesday, January 24th. SunTrust Banks reaffirmed a “buy” rating on shares of TransDigm Group in a report on Friday, January 19th. Finally, Robert W. Baird upped their target price on shares of TransDigm Group from $300.00 to $320.00 and gave the stock an “outperform” rating in a report on Wednesday, February 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $309.94.
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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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