TransDigm Group (NYSE:TDG) Announces Earnings Results

TransDigm Group (NYSE:TDG - Get Free Report) released its quarterly earnings data on Tuesday. The aerospace company reported $9.11 earnings per share for the quarter, topping analysts' consensus estimates of $8.83 by $0.28, Briefing.com reports. The firm had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.17 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business's quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $7.99 earnings per share. TransDigm Group updated its FY 2025 guidance to 35.510-37.430 EPS.

TransDigm Group Price Performance

TransDigm Group stock traded down $81.19 during mid-day trading on Tuesday, reaching $1,391.44. The company had a trading volume of 215,201 shares, compared to its average volume of 257,623. TransDigm Group has a 1 year low of $1,176.31 and a 1 year high of $1,488.54. The stock's 50-day simple moving average is $1,351.72 and its 200-day simple moving average is $1,320.86. The company has a market capitalization of $78.04 billion, a P/E ratio of 49.08, a P/E/G ratio of 2.76 and a beta of 1.09.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TDG. StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a research report on Wednesday, April 23rd. Wells Fargo & Company dropped their price target on TransDigm Group from $1,410.00 to $1,375.00 and set an "overweight" rating for the company in a research note on Tuesday, April 15th. Truist Financial decreased their price objective on TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. Northcoast Research upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target on the stock in a research report on Wednesday, April 9th. Finally, UBS Group upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 target price on the stock in a research report on Monday, February 24th. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $1,464.41.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 49,241 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $1,475.85, for a total transaction of $72,672,329.85. Following the transaction, the director now owns 21,548 shares of the company's stock, valued at $31,801,615.80. This represents a 69.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Kevin M. Stein sold 20,000 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $1,354.08, for a total value of $27,081,600.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares of the company's stock, valued at $11,046,584.64. The trade was a 71.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 174,135 shares of company stock worth $240,122,586. 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.

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