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

Transdigm Group Incorporated (NYSE:TDG) released its earnings results on Tuesday, August, 8th. The company reported $3.30 earnings per share for the quarter, topping analysts' consensus estimates of $2.98 by $0.32. The company earned $907.67 million during the quarter, compared to the consensus estimate of $903.99 million. Transdigm Group Incorporated had a net margin of 14.47% and a negative return on equity of 40.12%. The company's revenue was up 13.8% compared to the same quarter last year. During the same period last year, the firm posted $3.09 earnings per share. 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 updated 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 earnings per share 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 brokerages have issued 12-month price targets for Transdigm Group Incorporated's stock. Their forecasts range from $230.00 to $330.00. On average, they expect Transdigm Group Incorporated's stock price to reach $295.20 in the next year. 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 reported third-quarter fiscal 2017 adjusted earnings of $3.20 per share, beating the Zacks Consensus Estimate of $2.98 on the back of robust top-line performance and improvements in operating margin. TransDigm’s excellent business operation model, which implements value-based operating strategies guided by three value driver concepts, has helped the company drive operating margin expansion over the past few quarters. This apart, TransDigm’s strategic acquisitions has bolstered its aftermarket content. However, on the flip side, softening discretionary retrofits, interior retrofits and weaknesses in jet and helicopter markets have impacted the company’s top-line performance in recent times. Year-to-date shares have underperformed the industry’s average return over the past one year. TransDigm’s commercial transportation business is suffering from inventory management issues from OEM customers." (8/14/2017)
• 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)

Some companies that are related to Transdigm Group Incorporated include Bae Systems PLC (BAESY), Rockwell Collins (COL), Rolls-Royce Holdings PLC (RYCEY), 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), Heico Corporation (HEI), Elbit Systems (ESLT), Teledyne Technologies Incorporated (TDY), FLIR Systems (FLIR), Hexcel Corporation (HXL), Curtiss-Wright Corporation (CW), CAE (CAE) 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 (10.60%), Vanguard Group Inc. (9.27%), Tiger Global Management LLC (7.71%), BlackRock Inc. (7.67%), Principal Financial Group Inc. (5.08%) and State Street Corp (4.18%). 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 Voya Investment Management LLC, Cat Rock Capital Management LP, Capital Guardian Trust Co., FMR LLC, Wedge Capital Management L L P NC, Falcon Edge Capital LP, Jennison Associates LLC and TimesSquare Capital Management 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 acquired by a variety of institutional investors in the last quarter, including Tiger Global Management LLC, Capital International Investors, Matrix Capital Management Company LP, Parametric Portfolio Associates LLC, Bank of Nova Scotia, Janus Henderson Group PLC, Vanguard Group Inc. and Quantitative Investment Management LLC. 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 $265.20.