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NYSE:TDG

TransDigm Group (TDG) Stock Price, News & Analysis

$1,397.91
+24.21 (+1.76%)
(As of 12:46 PM ET)

About TransDigm Group Stock (NYSE:TDG)

Key Stats

Today's Range
$1,380.01
$1,400.63
50-Day Range
$1,203.24
$1,375.45
52-Week Range
$802.46
$1,400.63
Volume
30,514 shs
Average Volume
218,874 shs
Market Capitalization
$78.44 billion
P/E Ratio
55.45
Dividend Yield
N/A
Price Target
$1,438.24
Consensus Rating
Moderate Buy

Company Overview

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. This segment serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The Airframe segment provides engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, cockpit security components and systems, cockpit displays, engineered audio, radio and antenna systems, lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, thermal protection and insulation products, lighting and control technology, and parachutes. This segment serves airframe manufacturers, cabin system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The Non-aviation segment offers seat belts and safety restraints for ground transportation applications; electro-mechanical actuators for space applications; hydraulic/electromechanical actuators and fuel valves for land-based gas turbines; refueling systems for heavy equipment used in mining, construction, and other industries; and turbine controls for the energy and oil and gas markets. This segment serves off-road vehicle and subsystem suppliers, child restraint system suppliers, and satellite and space system suppliers; and manufacturers of heavy equipment. TransDigm Group Incorporated was founded in 1993 and is based in Cleveland, Ohio.

TransDigm Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 85th Percentile

TransDigm Group scored higher than 85% of companies evaluated by MarketBeat, and ranked 9th out of 44 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TransDigm Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 13 buy ratings, 7 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    TransDigm Group has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about TransDigm Group's stock forecast and price target.
  • Earnings Growth

    Earnings for TransDigm Group are expected to grow by 21.02% in the coming year, from $30.69 to $37.14 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TransDigm Group is 55.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.56.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TransDigm Group is 55.39, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 22.41.

  • Price to Earnings Growth Ratio

    TransDigm Group has a PEG Ratio of 2.16. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about TransDigm Group's valuation and earnings.
  • Percentage of Shares Shorted

    1.38% of the float of TransDigm Group has been sold short.
  • Short Interest Ratio / Days to Cover

    TransDigm Group has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TransDigm Group has recently decreased by 13.75%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    TransDigm Group does not currently pay a dividend.

  • Dividend Growth

    TransDigm Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.38% of the float of TransDigm Group has been sold short.
  • Short Interest Ratio / Days to Cover

    TransDigm Group has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TransDigm Group has recently decreased by 13.75%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    TransDigm Group has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Aerospace companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for TransDigm Group this week, compared to 9 articles on an average week.
  • Search Interest

    Only 12 people have searched for TDG on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.
  • MarketBeat Follows

    Only 6 people have added TransDigm Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TransDigm Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $46,454,828.00 in company stock.

  • Percentage Held by Insiders

    Only 4.96% of the stock of TransDigm Group is held by insiders.

  • Percentage Held by Institutions

    95.78% of the stock of TransDigm Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about TransDigm Group's insider trading history.

TDG Stock News Headlines

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Transdigm Group (TDG) Receives a Rating Update from a Top Analyst
See More Headlines

TDG Stock Analysis - Frequently Asked Questions

TransDigm Group's stock was trading at $1,011.60 at the beginning of the year. Since then, TDG shares have increased by 38.0% and is now trading at $1,396.40.
View the best growth stocks for 2024 here
.

TransDigm Group Incorporated (NYSE:TDG) posted its quarterly earnings results on Tuesday, August, 6th. The aerospace company reported $9.00 earnings per share for the quarter, topping analysts' consensus estimates of $7.77 by $1.23. TransDigm Group's revenue for the quarter was up 17.3% compared to the same quarter last year.
Read the conference call transcript
.

The following companies are subsidiaries of TransDigm Group: DART Aerospace, Cobham Aero Connectivity, Esterline Technologies Corporation, Esterline, Skandia, Symetrics Industries, Kirkhill Elastomers, and others.

TransDigm Group's top institutional shareholders include Principal Financial Group Inc. (3.57%), Legal & General Group Plc (0.65%), Bank of New York Mellon Corp (0.57%) and Vulcan Value Partners LLC (0.39%). Insiders that own company stock include Robert J Small, Sean P Hennessy, W Nicholas Howley, Jorge Valladares, Kevin M Stein, Michael Graff, Joel Reiss, Sarah Wynne, Michele Santana, Jane M Cronin, Jessica L Warren, Raymond F Laubenthal, Michael Lisman, John Staer and Robert S Henderson.
View institutional ownership trends
.

Shares of TDG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that TransDigm Group investors own include NVIDIA (NVDA), Home Depot (HD), Verizon Communications (VZ), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ) and Broadcom (AVGO).

Company Calendar

Last Earnings
8/06/2024
Today
9/19/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/14/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft parts & equipment, not elsewhere classified
Sub-Industry
Aerospace & Defense
CUSIP
89364110
Employees
15,500
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$1,438.24
High Stock Price Target
$1,575.00
Low Stock Price Target
$1,250.00
Potential Upside/Downside
+4.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.65
Research Coverage
20 Analysts

Profitability

Net Income
$1.30 billion
Pretax Margin
28.37%

Debt

Sales & Book Value

Annual Sales
$6.59 billion
Cash Flow
$29.55 per share
Book Value
($35.84) per share

Miscellaneous

Free Float
53,182,000
Market Cap
$77.08 billion
Optionable
Optionable
Beta
1.42

Social Links

Should I Buy TransDigm Group Stock? TDG Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 9, 2024. Please send any questions or comments about these TransDigm Group pros and cons to contact@marketbeat.com.

TransDigm Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in TransDigm Group Incorporated:

  • TransDigm Group stock has shown consistent growth, reaching a 52-week high of $1,380.83, indicating a positive trend in the company's performance.
  • Multiple research firms have given TransDigm Group a "buy" rating, with price targets well above the current stock price, suggesting confidence in the company's future growth potential.
  • Insider selling of company stock by executives like the CEO and COO can sometimes indicate that the stock is overvalued, potentially leading to short-term price corrections, providing buying opportunities for investors.
  • TransDigm Group has a high market capitalization of $73.00 billion, indicating the company's significant size and stability in the market.
  • Institutional investors and hedge funds own a substantial portion (95.78%) of TransDigm Group's stock, reflecting confidence from large financial entities in the company's long-term prospects.

TransDigm Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in TransDigm Group Incorporated for these reasons:

  • Recent analyst downgrades and reduced price targets on TransDigm Group stock by firms like Wells Fargo & Company and StockNews.com may indicate concerns about the company's future performance or valuation.
  • CEO and COO selling significant amounts of company stock can sometimes raise questions about insider confidence in the company's growth prospects, potentially signaling underlying issues.
  • TransDigm Group's price-to-earnings ratio of 51.64 and P/E/G ratio of 2.04 suggest that the stock may be trading at a premium compared to industry peers, potentially limiting short-term upside potential.
  • While the company has seen positive analyst ratings, the average target price of $1,438.24 is only slightly above the current stock price, indicating limited expected growth in the near term.
  • TransDigm Group's beta of 1.42 implies higher volatility compared to the market average, which may lead to more significant price fluctuations and increased risk for investors.

This page (NYSE:TDG) was last updated on 9/19/2024 by MarketBeat.com Staff
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