TransDigm Group Incorporated (NYSE:TDG) Receives Consensus Rating of "Moderate Buy" from Brokerages - MarketBeat

2022-09-18 09:29:21 By : Ms. Jessie Gao

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Shares of TransDigm Group Incorporated (NYSE:TDG - Get Rating) have earned an average rating of "Moderate Buy" from the fourteen research firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $718.08.

Several equities research analysts have recently weighed in on TDG shares. Susquehanna Bancshares raised their price objective on TransDigm Group from $629.00 to $685.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 10th. Susquehanna raised their price objective on TransDigm Group from $629.00 to $685.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 10th. Truist Financial reduced their price objective on TransDigm Group from $786.00 to $700.00 and set a "buy" rating for the company in a research note on Tuesday, July 19th. Wells Fargo & Company raised their price objective on TransDigm Group from $620.00 to $740.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 16th. Finally, TheStreet raised TransDigm Group from a "c" rating to a "b-" rating in a research report on Thursday, August 18th.Insider Activity at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 35,500 shares of the firm's stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $661.68, for a total transaction of $23,489,640.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other TransDigm Group news, CEO Kevin M. Stein sold 35,500 shares of the firm's stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $661.68, for a total transaction of $23,489,640.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Sean P. Hennessy sold 4,478 shares of the firm's stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $678.14, for a total value of $3,036,710.92. Following the transaction, the director now owns 33,935 shares in the company, valued at $23,012,680.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 51,478 shares of company stock valued at $32,744,401. Insiders own 8.96% of the company's stock. Hedge Funds Weigh In On TransDigm Group

Institutional investors have recently made changes to their positions in the business. Edge Capital Group LLC bought a new position in shares of TransDigm Group in the second quarter worth about $27,000. Tcwp LLC bought a new position in shares of TransDigm Group in the first quarter worth about $29,000. Cordasco Financial Network bought a new position in shares of TransDigm Group in the first quarter worth about $35,000. CX Institutional bought a new position in shares of TransDigm Group in the second quarter worth about $39,000. Finally, Core Alternative Capital increased its stake in TransDigm Group by 885.7% during the first quarter. Core Alternative Capital now owns 69 shares of the aerospace company's stock valued at $45,000 after acquiring an additional 62 shares during the period. 95.43% of the stock is currently owned by institutional investors. TransDigm Group Stock Performance

Shares of TDG stock opened at $587.10 on Friday. TransDigm Group has a 1 year low of $500.08 and a 1 year high of $686.06. The stock has a market cap of $31.84 billion, a PE ratio of 45.02, a price-to-earnings-growth ratio of 2.09 and a beta of 1.42. The business's fifty day moving average is $610.49 and its 200-day moving average is $606.34.

TransDigm Group (NYSE:TDG - Get Rating) last issued its quarterly earnings results on Tuesday, August 9th. The aerospace company reported $4.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.87. TransDigm Group had a negative return on equity of 30.80% and a net margin of 15.56%. The company had revenue of $1.40 billion for the quarter, compared to analysts' expectations of $1.41 billion. During the same period last year, the firm earned $2.89 EPS. The firm's revenue for the quarter was up 14.8% on a year-over-year basis. Equities research analysts predict that TransDigm Group will post 15.01 earnings per share for the current year. TransDigm Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 26th. Investors of record on Friday, August 19th were given a dividend of $18.50 per share. The ex-dividend date of this dividend was Thursday, August 18th. This represents a $74.00 dividend on an annualized basis and a yield of 12.60%. TransDigm Group Company Profile (Get Rating)

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its 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.Recommended StoriesGet a free copy of the StockNews.com research report on TransDigm Group (TDG)Is There a Cure for What is Ailing Teladoc Stock?No One Told These 3 Stocks It’s a Down WeekWhy Medical Products Maker Repligen May Be A Potential Buy At 10%, Is Arbor Realty Trust Dividend Worth It? Investors Should Tune Into RF Industries 

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider TransDigm Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TransDigm Group wasn't on the list.

While TransDigm Group currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

ETF portfolio manager, Dave Gilreath offers a perspective on “dividend achievers” and why these deserve a role in your portfolio

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.