TransDigm Group (NYSE:TDG) Posts Quarterly Earnings Results, Beats Estimates By $0.84 EPS

TransDigm Group (NYSE:TDG - Get Free Report) announced its quarterly earnings results on Tuesday. The aerospace company reported $7.57 EPS for the quarter, beating the consensus estimate of $6.73 by $0.84, Zacks reports. The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a negative return on equity of 50.40% and a net margin of 19.93%. The company's quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.16 EPS. TransDigm Group updated its FY 2025 guidance to 35.510-37.430 EPS and its FY25 guidance to $35.51-37.43 EPS.

TransDigm Group Price Performance

TransDigm Group stock traded up $30.00 during midday trading on Friday, hitting $1,329.35. 182,821 shares of the company were exchanged, compared to its average volume of 260,715. TransDigm Group has a fifty-two week low of $1,100.86 and a fifty-two week high of $1,451.32. The company has a market cap of $74.50 billion, a PE ratio of 51.93, a price-to-earnings-growth ratio of 3.06 and a beta of 1.40. The company's fifty day moving average price is $1,293.18 and its 200-day moving average price is $1,313.89.

Analyst Ratings Changes

TDG has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a "buy" rating to a "hold" rating and cut their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Barclays reissued an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. KeyCorp increased their target price on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. Wells Fargo & Company upgraded shares of TransDigm Group from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $1,375.00 to $1,500.00 in a research note on Friday. Finally, StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research report on Wednesday, January 8th. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat, TransDigm Group currently has a consensus rating of "Moderate Buy" and an average price target of $1,462.35.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total value of $4,077,180.00. Following the sale, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,892,616. This represents a 45.45 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $1,248.07, for a total value of $24,961,400.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares of the company's stock, valued at $10,181,755.06. This trade represents a 71.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 89,525 shares of company stock worth $112,769,801 in the last quarter. 4.09% of the stock is owned by corporate insiders.

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.