Transdigm Group Incorporated Company Profile (NYSE:TDG)

Transdigm Group Incorporated trades on the New York Stock Exchange (NYSE) under the ticker symbol "TDG."

Transdigm Group Incorporated declared a special dividend on Friday, October 14th. Investors of record on Monday, October 24th will be paid a dividend of $24.00 per share on Tuesday, November 1st. The ex-dividend date of this dividend is Thursday, October 20th. View Transdigm Group Incorporated's Dividend History.

Transdigm Group Incorporated (NYSE:TDG) posted its quarterly earnings results on Tuesday, May, 9th. The company reported $3.02 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.85 by $0.17. The firm had revenue of $873.23 million for the quarter, compared to analyst estimates of $894.37 million. Transdigm Group Incorporated had a negative return on equity of 47.38% and a net margin of 14.10%. The firm's quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.86 earnings per share. View Transdigm Group Incorporated's Earnings History.

Transdigm Group Incorporated is scheduled to release their next quarterly earnings announcement on Monday, August, 7th 2017. View Earnings Estimates for Transdigm Group Incorporated.

17 brokers have issued 12-month target prices for Transdigm Group Incorporated's stock. Their forecasts range from $219.00 to $316.00. On average, they expect Transdigm Group Incorporated's share price to reach $282.36 in the next twelve months. View Analyst Ratings for Transdigm Group Incorporated.

Here are some recent quotes from research analysts about Transdigm Group Incorporated stock:

• 1. According to Zacks Investment Research, "TransDigm has a striking earnings surprise history, having beaten estimates each time over the four trailing quarters. TransDigm has been posting strong revenue growth, driven by strong commercial aftermarket revenues, organic growth as well as by its acquired businesses including Data Device Corporation, Young & Franklin/Tactair and Schroth. Successful productivity efforts and favorable product mix has been a boost for the company’s profits lately. Particularly, commercial aftermarket revenues are enjoying robust growth momentum. TransDigm expects to continue its growth momentum on the back of commercial aftermarket and commercial OEM strength. However, mounting interest expenses and escalating debt burden continue to bother its financials. The company’s shares have also underperformed the Zacks categorized Aerospace/Defense Equipment industry’s average return over the past one year." (6/6/2017)
• 2. Cowen and Company analysts commented, "We're downgrading TDG to Market Perform from Outperform with a $219 price target (13x C17E EV/EBITDA). The outside prospect of a DoD inquiry, potential elimination of the interest deductibility for tax purposes, high financial leverage and headline risks are apt to put a lid on the stock's multiple." (3/22/2017)
• 3. Canaccord Genuity analysts commented, " Specifically, we believe the price increase data does not disclose that the average volume on these orders went down substantially, by ~70%, and that there was an average of six years between these orders cited in the letter. We think this data presents a more complete picture, and in this light the price increases look much less aggressive, in our view. Moreover, the letter again highlights just five examples of price increases. We believe that of the over 200,000 examples in the Haystack Gold data, the average price increase for TDG pre- and post-acquisition was ~9%, and closer to 7% annually on average, which is above peer companies, but significantly less egregious than implied by the short reports."Herbert comments, "While we believe the stock may be challenged in the near future, we are maintaining our BUY rating and $300 price target. Our price target is based on the blend of a 25x EPS multiple and a 15x EBITDA multiple, applied to our adjusted FY17 estimates. We continue to believe multiples at the upper end of the historical range are appropriate considering the potential for accelerated growth from acquisitions, other capital deployment opportunities, strong industry execution and FCF." (3/22/2017)
• 4. Wellington Shields analysts commented, "The letter follows allegations made by a short firm, which has continued to pressure TransDigm's shares. In our discussion with the Company, TransDigm generates 7% of its revenue from the US government, includ 5% direct and 2& through brokers/distributors. In addition, another 12% of TransDigm's revenue is sold to domestic defense OEMs" (3/21/2017)
• 5. Goldman Sachs Group, Inc. (The) analysts commented, "We met with CEO Nick Howley at Transdigm headquarters in Cleveland, OH. Investor questions in the meeting were focused on recent concerns raised by third parties, and management was willing to walk through all of those items in detail (we outline their comments below). From our perspective: (1) these specific concerns focus on minority pieces of the business (defined by % of revenue), while our thesis remains largely focused on the majority of the business - commercial aerospace aftermarket, and that component's consistency of growth, profit margins and cash flow conversion; and (2) the discussion on core fundamentals remains positive, including ongoing strong industry indicators in commercial aftermarket, an improving defense end market picture, and margin opportunities." (3/17/2017)

Some companies that are related to Transdigm Group Incorporated include Bae Systems PLC (BAESY), Rolls-Royce Holdings PLC (RYCEY), Rockwell Collins (COL), L-3 Communications Holdings (LLL), Textron (TXT), Huntington Ingalls Industries (HII), Leidos Holdings (LDOS), MTU Aero Engines AG (MTUAY), Spirit Aerosystems Holdings (SPR), Heico Corporation (HEI), Orbital ATK (OA), Elbit Systems (ESLT), FLIR Systems (FLIR), Hexcel Corporation (HXL), CAE (CAE), Teledyne Technologies Incorporated (TDY), Curtiss-Wright Corporation (CW) and Embraer-Empresa Brasileira de Aeronautica (ERJ).

Transdigm Group Incorporated's management team includes the folowing people:

• W. Nicholas Howley, Chairman of the Board, Chief Executive Officer
• Kevin M. Stein, President, Chief Operating Officer
• Robert S. Henderson, Vice Chairman of the Board
• Terrance M. Paradie, Chief Financial Officer, Executive Vice President
• Bernt G. Iversen II, Executive Vice President - Business Development and Mergers & Acquisitions
• Roger V. Jones, Executive Vice President
• John Leary, Executive Vice President
• Peter Palmer, Executive Vice President
• Joel Reiss, Executive Vice President
• James Skulina, Executive Vice President

Transdigm Group Incorporated's stock is owned by a number of of institutional and retail investors. Top institutional investors include CAPITAL WORLD INVESTORS (10.40%), Vanguard Group Inc. (8.98%), Principal Financial Group Inc. (5.02%), State Street Corp (4.22%), FMR LLC (2.88%) and Morgan Stanley (2.67%). Company insiders that own Transdigm Group Incorporated stock include Bernt G Iversen II, Gregory Rufus, Joel Reiss, John F Leary, Jorge Valladares, Michael Graff, Peter Palmer, Raymond F Laubenthal, Robert J Small, Robert S Henderson, Roger Jones and W Nicholas Howley. View Institutional Ownership Trends for Transdigm Group Incorporated.

Transdigm Group Incorporated's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, William Blair Investment Management LLC, Loomis Sayles & Co. L P, Mar Vista Investment Partners LLC, UBS Asset Management Americas Inc., Nordea Investment Management AB, Credit Agricole S A and Jennison Associates LLC. Company insiders that have sold Transdigm Group Incorporated stock in the last year include Bernt G Iversen II, Joel Reiss, Jorge Valladares, Michael Graff, Peter Palmer, Robert S Henderson, Roger Jones and W Nicholas Howley. View Insider Buying and Selling for Transdigm Group Incorporated.

Transdigm Group Incorporated's stock was purchased by a variety of institutional investors in the last quarter, including Valinor Management L.P., TimesSquare Capital Management LLC, Morgan Stanley, Principal Financial Group Inc., Wedge Capital Management L L P NC, Blue Ridge Capital L.L.C., Strs Ohio and APG Asset Management N.V.. Company insiders that have bought Transdigm Group Incorporated stock in the last two years include Raymond F Laubenthal and Robert J Small. View Insider Buying and Selling for Transdigm Group Incorporated.

Shares of Transdigm Group Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Transdigm Group Incorporated stock can currently be purchased for approximately $268.25.