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NYSE:TDG

TransDigm Group (TDG) Stock Price, News & Analysis

$1,294.17
-35.11 (-2.64%)
(As of 09/6/2024 ET)
Today's Range
$1,293.29
$1,335.73
50-Day Range
$1,203.24
$1,373.33
52-Week Range
$802.46
$1,380.83
Volume
157,071 shs
Average Volume
193,316 shs
Market Capitalization
$72.62 billion
P/E Ratio
51.34
Dividend Yield
N/A
Price Target
$1,438.24

TransDigm Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.65 Rating Score
Upside/​Downside
11.1% Upside
$1,438.24 Price Target
Short Interest
Healthy
1.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
-4.27
Upright™ Environmental Score
News Sentiment
0.93mentions of TransDigm Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$131.91 M Sold Last Quarter
Proj. Earnings Growth
20.28%
From $30.57 to $36.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.30 out of 5 stars

Aerospace Sector

4th out of 45 stocks

Aircraft Parts & Equipment, Not Elsewhere Classified Industry

1st out of 7 stocks

TDG stock logo

About TransDigm Group Stock (NYSE:TDG)

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.

TDG Stock Price History

TDG Stock News Headlines

“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Is TransDigm Group Incorporated (TDG) Splitting Soon?
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
TDG Dec 2025 1420.000 put
Jefferies Keeps Their Buy Rating on Transdigm Group (TDG)
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
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
+11.1%
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
$28.30 per share
Book Value
($44.73) per share

Miscellaneous

Free Float
53,182,000
Market Cap
$72.62 billion
Optionable
Optionable
Beta
1.42

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

Pros

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

  • TransDigm Group has consistently received positive ratings from multiple research firms, with an average price target well above the current stock price, indicating potential for growth.
  • The company has a high institutional ownership percentage of 98.14%, suggesting confidence from large financial institutions in its future performance.
  • TransDigm Group has shown a strong month-to-month change percentage in shares shorted, indicating decreasing bearish sentiment among investors.
  • With a short percentage of float at 2.16%, there is potential for a short squeeze if positive news triggers a rapid increase in the stock price.
  • TransDigm Group's outstanding shares and float size provide a stable investment opportunity in the aerospace industry, known for its long-term growth potential.

Cons

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

  • Despite the positive ratings, there is a risk of overvaluation as the stock price has already surpassed the average price target set by analysts.
  • The company's high short percentage of float at 2.16% could lead to increased volatility in the stock price due to short-term trading activities.
  • TransDigm Group's shares shorted have increased slightly, indicating some lingering bearish sentiment in the market.
  • Investors should be cautious of the company's high days to cover ratio of 5.5, which may indicate potential challenges in executing short-term trades.
  • While the company has shown positive performance, investors should consider the overall market conditions and potential macroeconomic risks that could impact the aerospace industry.
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 Sunday, August 25, 2024. Please send any questions or comments about these TransDigm Group pros and cons to contact@marketbeat.com.

TDG Stock Analysis - Frequently Asked Questions

How have TDG shares performed this year?

TransDigm Group's stock was trading at $1,011.60 at the start of the year. Since then, TDG shares have increased by 27.9% and is now trading at $1,294.17.
View the best growth stocks for 2024 here
.

How were TransDigm Group's earnings last quarter?

TransDigm Group Incorporated (NYSE:TDG) released its quarterly earnings results on Tuesday, August, 6th. The aerospace company reported $9.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.77 by $1.23. The company's revenue for the quarter was up 17.3% on a year-over-year basis.
Read the conference call transcript
.

What is Kevin Stein's approval rating as TransDigm Group's CEO?

3 employees have rated TransDigm Group Chief Executive Officer Kevin Stein on Glassdoor.com. Kevin Stein has an approval rating of 66% among the company's employees.

Does TransDigm Group have any subsidiaries?

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

Who are TransDigm Group's major shareholders?

Top institutional shareholders of TransDigm Group 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
.

How do I buy shares of TransDigm Group?

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.

What other stocks do shareholders of TransDigm Group own?

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).

This page (NYSE:TDG) was last updated on 9/7/2024 by MarketBeat.com Staff

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