TransDigm Group (NYSE:TDG – Get Free Report) posted its quarterly earnings results on Tuesday. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.73 by $0.84, Zacks reports. TransDigm Group had a net margin of 19.93% and a negative return on equity of 50.40%. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the firm posted $7.16 earnings per share. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. TransDigm Group updated its FY 2025 guidance to 35.510-37.430 EPS and its FY25 guidance to $35.51-37.43 EPS.
TransDigm Group Trading Down 1.2 %
TransDigm Group stock opened at $1,292.03 on Thursday. The stock has a 50-day moving average price of $1,291.32 and a two-hundred day moving average price of $1,314.15. TransDigm Group has a 12 month low of $1,100.86 and a 12 month high of $1,451.32. The company has a market capitalization of $72.41 billion, a PE ratio of 50.47, a P/E/G ratio of 3.06 and a beta of 1.40.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on TDG shares. Wells Fargo & Company dropped their target price on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and dropped their price objective for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. KeyCorp boosted their target price on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Barclays reaffirmed an “equal weight” rating and set a $1,500.00 price objective on shares of TransDigm Group in a research report on Monday, January 6th. Finally, Citigroup lifted their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, TransDigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,455.00.
Insider Transactions at TransDigm Group
In other news, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $4,525,524. This represents a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at $27,942,799.96. The trade was a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,525 shares of company stock worth $112,769,801. Insiders own 4.09% of the company’s stock.
About TransDigm Group
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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