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 announced a special dividend on Wednesday, August 23rd. Shareholders of record on Tuesday, September 5th will be paid a dividend of $22.00 per share on Tuesday, September 12th. The ex-dividend date is Thursday, August 31st. View Transdigm Group Incorporated's Dividend History.

Transdigm Group Incorporated (NYSE:TDG) posted its quarterly earnings data on Tuesday, August, 8th. The company reported $3.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.98 by $0.32. The business earned $907.67 million during the quarter, compared to analysts' expectations of $903.99 million. Transdigm Group Incorporated had a net margin of 14.47% and a negative return on equity of 40.12%. The firm's quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the company earned $3.09 EPS. View Transdigm Group Incorporated's Earnings History.

Transdigm Group Incorporated is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Transdigm Group Incorporated.

Transdigm Group Incorporated issued an update on its FY17 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $12.09-12.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $12.31. The company issued revenue guidance of $3.530-3.570 billion, compared to the consensus revenue estimate of $3.56 billion.

16 analysts have issued 1-year price targets for Transdigm Group Incorporated's stock. Their forecasts range from $230.00 to $330.00. On average, they anticipate Transdigm Group Incorporated's stock price to reach $295.80 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, "Over the past six months, TransDigm’s shares have underperformed the industry’s average return. TransDigm is seeing some negative trends at present, like weaker defense aftermarket orders and soft business jet, helicopter and freighter revenues, which might pressure its top line growth in the near future. The company expects almost flat growth in defense military revenue in the near term, in light of recent global events and the resultant political uncertainty. Moreover, mounting interest expenses and escalating debt burden continue to bother the company’s financials. In addition, the company faces significant integration risks and expenses. However, on the positive side, TransDigm’s strong growth in commercial aftermarket revenues looks impressive. Also, the company’s strong inorganic growth adds to its strength." (10/11/2017)
• 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), Spirit Aerosystems Holdings (SPR), Leidos Holdings (LDOS), MTU Aero Engines AG (MTUAY), Orbital ATK (OA), Elbit Systems (ESLT), FLIR Systems (FLIR), Teledyne Technologies Incorporated (TDY), Hexcel Corporation (HXL), Curtiss-Wright Corporation (CW), CAE (CAE), Embraer-Empresa Brasileira de Aeronautica (ERJ) and Moog (MOG.A).

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 shareholders include APG Asset Management N.V. (0.43%), State Treasurer State of Michigan (0.03%), Skylands Capital LLC (0.02%) and Shell Asset Management Co. (0.02%). 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 State Treasurer State of Michigan and Skylands Capital LLC. Company insiders that have sold Transdigm Group Incorporated stock in the last year include Joel Reiss, Jorge Valladares, Michael Graff, Raymond F Laubenthal, Robert S Henderson 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 Shell Asset Management Co. 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 $268.60.