Transdigm Group Incorporated (NYSE:TDG) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of Transdigm Group Incorporated (NYSE:TDG - Get Free Report) have been given a consensus rating of "Moderate Buy" by the fifteen ratings firms that are currently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $1,545.80.

TDG has been the subject of a number of research analyst reports. The Goldman Sachs Group lifted their price target on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. UBS Group raised their price target on Transdigm Group from $1,451.00 to $1,645.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. KeyCorp upped their price objective on Transdigm Group from $1,500.00 to $1,700.00 and gave the company an "overweight" rating in a research report on Wednesday, July 2nd. Northcoast Research raised Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price on the stock in a research report on Wednesday, April 9th. Finally, Susquehanna upped their price objective on Transdigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 2nd.

Transdigm Group Stock Performance

Shares of Transdigm Group stock traded down $0.48 during trading on Monday, hitting $1,522.50. The company's stock had a trading volume of 308,350 shares, compared to its average volume of 262,075. Transdigm Group has a 52 week low of $1,176.31 and a 52 week high of $1,536.76. The company has a market capitalization of $85.51 billion, a PE ratio of 51.40, a P/E/G ratio of 3.25 and a beta of 1.04. The company has a fifty day simple moving average of $1,442.36 and a two-hundred day simple moving average of $1,366.38.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, beating the consensus estimate of $8.83 by $0.28. Transdigm Group had a negative return on equity of 38.71% and a net margin of 21.09%. The business had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same period last year, the business posted $7.99 EPS. The company's revenue was up 12.0% compared to the same quarter last year. As a group, analysts predict that Transdigm Group will post 35.13 EPS for the current year.

Insider Activity

In other Transdigm Group news, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, April 14th. The stock was sold at an average price of $1,329.61, for a total transaction of $26,592,200.00. Following the completion of the transaction, the chief executive officer owned 8,158 shares in the company, valued at $10,846,958.38. This trade represents a 71.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Sean P. Hennessy sold 4,700 shares of the stock in a transaction on Tuesday, May 20th. The shares were sold at an average price of $1,436.52, for a total transaction of $6,751,644.00. Following the transaction, the director owned 33,713 shares of the company's stock, valued at $48,429,398.76. This trade represents a 12.24% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 142,149 shares of company stock valued at $202,651,767. 4.09% of the stock is owned by corporate insiders.

Institutional Trading of Transdigm Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bruce G. Allen Investments LLC raised its position in Transdigm Group by 111.1% in the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock worth $26,000 after purchasing an additional 10 shares during the period. Winch Advisory Services LLC raised its holdings in shares of Transdigm Group by 53.8% in the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock valued at $28,000 after purchasing an additional 7 shares in the last quarter. Saudi Central Bank bought a new stake in Transdigm Group during the 1st quarter valued at $30,000. Park Square Financial Group LLC purchased a new position in Transdigm Group in the fourth quarter valued at about $32,000. Finally, Meeder Asset Management Inc. lifted its holdings in shares of Transdigm Group by 210.0% during the 4th quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after purchasing an additional 21 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

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.