Transdigm Group Incorporated (NYSE:TDG – Get Free Report) Director Kevin Stein sold 7,191 shares of the stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $1,361.57, for a total transaction of $9,791,049.87. Following the transaction, the director owned 8,158 shares in the company, valued at $11,107,688.06. This trade represents a 46.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Transdigm Group Stock Down 0.7%
Shares of TDG traded down $9.95 during midday trading on Wednesday, hitting $1,341.11. The company had a trading volume of 299,106 shares, compared to its average volume of 300,704. The stock has a market cap of $75.53 billion, a price-to-earnings ratio of 44.51, a PEG ratio of 3.25 and a beta of 1.02. The company’s 50 day moving average price is $1,298.89 and its 200 day moving average price is $1,401.11. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82.
Transdigm Group (NYSE:TDG – Get Free Report) last posted its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The business had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same period last year, the firm earned $9.83 earnings per share. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.
Institutional Inflows and Outflows
Analyst Ratings Changes
TDG has been the topic of several research reports. Truist Financial dropped their price target on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday. Stifel Nicolaus reduced their price target on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. BNP Paribas Exane started coverage on shares of Transdigm Group in a report on Tuesday. They issued an “outperform” rating and a $1,775.00 price target for the company. Finally, JPMorgan Chase & Co. increased their price objective on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Thirteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Transdigm Group currently has an average rating of “Moderate Buy” and a consensus target price of $1,576.29.
Read Our Latest Stock Analysis on Transdigm Group
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.
Further Reading
- Five stocks we like better than Transdigm Group
- The Risks of Owning Bonds
- HIMS Has Been a Roller Coaster Ride. Should Investors Hop On?
- Why Invest in 5G? How to Invest in 5G Stocks
- End the Year Strong With These 3 Comeback Champions
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Down 45% Year-to-Date, Novo Nordisk Ignites a Price War
Receive News & Ratings for Transdigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transdigm Group and related companies with MarketBeat.com's FREE daily email newsletter.
