TransDigm Group (TDG) to Release Quarterly Earnings on Thursday

TransDigm Group (NYSE:TDGGet Free Report) is projected to release its earnings data before the market opens on Thursday, February 13th. Analysts expect TransDigm Group to post earnings of $7.43 per share for the quarter. TransDigm Group has set its FY 2025 guidance at 35.510-37.430 EPS and its FY25 guidance at $35.51-37.43 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

TransDigm Group (NYSE:TDGGet Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping the consensus estimate of $6.73 by $0.84. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. TransDigm Group’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period last year, the business earned $7.16 EPS. On average, analysts expect TransDigm Group to post $34 EPS for the current fiscal year and $40 EPS for the next fiscal year.

TransDigm Group Stock Performance

NYSE TDG opened at $1,334.35 on Tuesday. The firm has a market cap of $74.83 billion, a PE ratio of 47.07, a P/E/G ratio of 2.86 and a beta of 1.40. TransDigm Group has a one year low of $1,100.86 and a one year high of $1,451.32. The firm’s fifty day moving average is $1,294.68 and its two-hundred day moving average is $1,315.07.

Analyst Upgrades and Downgrades

A number of research firms have commented on TDG. Wells Fargo & Company upgraded shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $1,375.00 to $1,500.00 in a research note on Friday. KeyCorp lifted their price objective on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating and lowered their target price for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a report on Monday, October 14th. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,462.35.

Read Our Latest Stock Report on TransDigm Group

Insider Buying and Selling

In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the sale, the director now owns 567,323 shares of the company’s stock, valued at $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,892,616. This trade represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 89,525 shares of company stock valued at $112,769,801. Corporate insiders own 4.09% of the company’s stock.

About TransDigm Group

(Get Free Report)

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.

See Also

Earnings History for TransDigm Group (NYSE:TDG)

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