TransDigm Group Incorporated (NYSE:TDG) Receives $1,477.18 Consensus Price Target from Analysts

TransDigm Group Incorporated (NYSE:TDG - Get Free Report) has received a consensus rating of "Moderate Buy" from the eighteen analysts that are presently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $1,477.18.

A number of brokerages have weighed in on TDG. Barclays reiterated an "equal weight" rating and set a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a "buy" rating to a "hold" rating and cut their price objective for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Citigroup upped their price target on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Wells Fargo & Company upped their target price on TransDigm Group from $1,500.00 to $1,580.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Finally, UBS Group upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price target for the company in a research note on Monday, February 24th.

Insider Transactions at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $1,359.06, for a total value of $4,077,180.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at approximately $4,892,616. This trade represents a 45.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the company's stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total transaction of $25,344,200.00. Following the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at approximately $10,337,899.18. This trade represents a 71.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 124,594 shares of company stock worth $165,646,468 in the last quarter. Insiders own 4.09% of the company's stock.

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Institutional Investors Weigh In On TransDigm Group

A number of hedge funds and other institutional investors have recently bought and sold shares of TDG. Erste Asset Management GmbH bought a new stake in shares of TransDigm Group during the third quarter valued at about $29,000. Capital Advisors Ltd. LLC grew its position in shares of TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 16 shares in the last quarter. Trust Co. of Vermont increased its holdings in shares of TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock worth $32,000 after purchasing an additional 15 shares during the period. Park Square Financial Group LLC purchased a new stake in shares of TransDigm Group in the fourth quarter worth $32,000. Finally, Versant Capital Management Inc grew its position in TransDigm Group by 225.0% during the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after buying an additional 18 shares in the last quarter. Institutional investors own 95.78% of the company's stock.

TransDigm Group Price Performance

TDG traded down $4.57 during trading on Friday, hitting $1,392.88. 25,911 shares of the stock traded hands, compared to its average volume of 242,082. The business has a 50 day moving average price of $1,344.78 and a 200 day moving average price of $1,330.16. TransDigm Group has a twelve month low of $1,176.31 and a twelve month high of $1,451.32. The company has a market cap of $78.12 billion, a price-to-earnings ratio of 49.13, a PEG ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG - Get Free Report) last released its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The firm had revenue of $2.01 billion for the quarter, compared to analysts' expectations of $2.03 billion. During the same quarter in the previous year, the business posted $7.16 earnings per share. The business's revenue for the quarter was up 12.1% on a year-over-year basis. On average, equities research analysts predict that TransDigm Group will post 35.13 earnings per share for the current year.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.