According to Bloomberg Ratings, the eleven rating agencies covering shares of TransDigm Group Incorporated (NYSE: TDG) have recommended “Hold” as the best course of action for investors to take regarding the company’s stock. This recommendation is the consensus among the rating agencies. The research specialists are nearly unanimous in their recommendation to investors that they should maintain their current holdings in the stock, with only three suggesting that investors purchase it. The brokerage firms that updated their stock coverage in the previous year have set a price target of $696.67 per share as their average price objective for the next twelve months.
Recent press releases have included commentary from a variety of research analysts in which they express their views on the stock. JPMorgan Chase & Co. downgraded their price objective on shares of TransDigm Group from $705.00 to $700.00 and designated the stock as “neutral” in a research report released on Wednesday, November 9. The stock of the TransDigm Group was downgraded from a “buy” recommendation to a “hold” recommendation in a research report published on Monday by StockNews.com. According to a research note released on Monday, January 9, the price objective that Trust Financial has set for the stock of TransDigm Group has increased from $700.00 to $710.00. This information was disclosed regarding the company’s stock. Credit Suisse Group raised their target price on shares of TransDigm Group and upgraded the company from an “underperform” rating to a “neutral” rating in a report published on Thursday, January 12. Last but not least, on October 10, Wolfe Research began following the stock price of the TransDigm Group. They assigned the business an “outperform” rating and determined that a price target of $650 was appropriate.
The opening price of a share on the NYSE TDG on Thursday was 672.11 dollars. The moving averages for the past 50 days at the company are $630.19, while the moving averages for the past 200 days are $599.48. The company’s market capitalization is $36.55 billion, its price-to-earnings ratio is 50.01, its price-to-earnings-to-growth ratio is 1.67, and its beta coefficient is 1.39. Over the last 52 weeks, the price of a share of TransDigm Group has fluctuated between $499.63 and $691.00, with the average price landing at $691.00.
The financial report for TransDigm Group, which is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol TDG, was made available to the public on November 10. The aerospace company announced earnings of $4.74 per share for the quarter, which was $0.28 more than the average estimate for the period, which was $4.46 per share. The company’s quarterly sales came in at $1.51 billion, which was significantly higher than the forecasted figure of $1.50 billion.TransDigm Group had a return on equity of negative 29.95% and a net margin of 15.95%, so the company did not fare well financially. Compared to the previous fiscal year, the company’s revenue achieved an 18.1% increase. The corporation turned a profit of $3.94 per share of common stock during the same period the year before when compared to the current year. The current fiscal year is expected to result in a profit of 19.88 cents per share for the TransDigm Group. Analysts provided these estimates.
W. Nicholas Howley, a director of the company, sold 6,500 shares of the company’s stock on Thursday, December 15. This was yet another new turn of events. $4,032,275 was spent on purchasing the shares, totaling an average price of $620.35 per share. Following the completion of the transaction, the director will have a direct ownership stake in the business, corresponding to 21,548 shares, which will have an after-tax value of $13,367,301.80. The sale was made public through a filing with the SEC, which can be found on the website of the company’s stock. The sale was made public through a filing with the SEC. This was yet another new turn of events. $4,032,275 was spent on purchasing the shares, totaling an average price of $620.35 per share. Following the completion of the transaction, the director will have a direct ownership stake in the business, corresponding to 21,548 shares, which will have an after-tax value of $13,367,301.80. The transaction was made public through a filing that was made with the SEC, which can be located on the website of the SEC. On January 11, Chief Operating Officer Jorge Valladares sold 20,000 of the company’s shares of stock, which brings us to another piece of relevant information regarding this matter. It was determined that the shares were sold at a price per share that averaged out to be $667.41, which led to a total sale volume of $13,348,200.00. The chief operating officer is now the owner of 11,000 company shares, which have a combined value of $7,341,510 as a direct consequence of the transaction. If you follow the link, you will be taken to a document submitted to the SEC, which will provide you with additional information regarding the sale. W. Nicholas Howley, also a company director, sold 6,500 shares of the company’s stock on Thursday, December 15. $4,032,275 was spent on purchasing the shares, totaling an average price of $620.35 per share. As a direct consequence of the transaction, the director is now the owner of 21,548 shares of the company. The total value of these shares is approximately $13,367,301.80. Disclosures that are related to the sale might be found in this section of the website. Business insiders were responsible for the sale of a total of 39,500 shares of stock during the preceding period of three months, which resulted in a total value of $25,866,810. The company’s insiders collectively hold an 8.96% stake in the company.
Several institutional investors bought and sold company shares during the most recent period. These transactions occurred both in and out of the market. Captrust Financial Advisors increased the proportion of TransDigm Group stock owned by 2.4% during the third quarter. Captrust Financial Advisors now owns 729 shares of the aerospace company’s stock, valued at $383,000, after purchasing an additional 17 shares during the most recent quarter. LLC Capital Management Mainstay ADV increased the proportion of its shares comprised of TransDigm Group shares by 0.9% during the second quarter. As a result of the recent acquisition that Mainstay Capital Management LLC was able to complete, the company now has an increased shareholding of 19 shares. Presently, ADV is the owner of 2,184 shares of the aerospace company. These shares have a value of $1,172,000 on the market. During the first three months of 2018, Echo Street Capital Management LLC increased its stake in TransDigm Group by 3.3% by purchasing additional shares. Based on the price at which the company was trading when Echo Street Capital Management LLC acquired its holdings, the total value of those holdings is currently estimated to be $388,000 (using the company’s most recent closing price). Over the last three months, this represents an increase of 19 shares held by the company. SeaCrest Wealth Management, LLC, during the second quarter, increased the proportion of TransDigm Group stock that is owned by 4.6%. Following the acquisition of an additional twenty shares during the most recent fiscal quarter, SeaCrest Wealth Management LLC now holds 452 shares of the aerospace company’s stock. The value of SeaCrest Wealth Management LLC’s stock holdings is $243,000. And finally, during the second quarter, Commonwealth Equity Services LLC increased the proportion of its owned stock invested in TransDigm Group by 1.7%. This change was made during the period. Commonwealth Equity Services LLC now holds 1,288 shares of the aerospace company’s stock, which has a market value of $691,000, following the acquisition of 21 additional shares during the most recent fiscal quarter. The vast majority of the company’s stock is held in institutional ownership, which amounts to 96.00% of the total.
There is a company by the name of TransDigm Group Incorporated that designs, manufactures, and sells aviation parts in the United States and other nations. Power & Control is the division of the company that specializes in the production of mechanical and electromechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning tools, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches, and relay panels, hoists, winches, and lifting apparatuses, as well as cargo loading and handling systems. Power & Control also specializes in the production of cargo loading and handling systems.
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