According to Bloomberg Ratings, the eleven rating agencies that cover shares of TransDigm Group Incorporated (NYSE: TDG) have recommended “Hold” as the best course of action for investors to take with regard to the company’s stock. This recommendation is the consensus among the rating agencies. There have been a total of three research professionals who have advocated buying the stock, while five research professionals have advocated holding the stock as an investment strategy. The brokerage firms that updated their coverage of the stock 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 that was released on Wednesday, November 9th. The stock of the TransDigm Group was downgraded from a “buy” recommendation to a “hold” recommendation in a research report that was published on Monday by StockNews.com. According to a research note that was released on Monday, January 9th, the price objective that Truist Financial has set for the stock of TransDigm Group has increased from $700.00 to $710.00. This was stated in the research note. Credit Suisse Group upgraded TransDigm Group from an “underperform” rating to a “neutral” rating and increased their price target for the company’s stock in a report that was published on Thursday, January 12th. The report was made public. Last but not least, on October 10th, 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 course of 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 10th. The aerospace company reported that its earnings per share (EPS) for the quarter came in at $4.74, which was $0.28 more than the consensus expectation of $4.46. The company’s quarterly sales came in at $1.51 billion, which was significantly higher than the forecasted figure of $1.50 billion.The return on equity for TransDigm Group was negative 29.95%, and the net margin for TransDigm Group was 15.95%. When 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 time 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. These estimates were provided by analysts.
W. Nicholas Howley, who is 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. A total of $4,032,275 was spent on the purchase of the shares, which works out to 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. A total of $4,032,275 was spent on the purchase of the shares, which works out to 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 11th, 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 firm shares, which have a value of $7,341,510 as a direct result of the transaction. If you follow the link, you will be taken to a document that was submitted to the SEC, and it will provide you with additional information regarding the sale. W. Nicholas Howley, who is also a director of the company, sold a total of 6,500 shares of the company’s stock on Thursday, December 15th. A total of $
000. LLC Capital Management Mainstay ADV increased the proportion of its holdings that were comprised of shares of TransDigm Group by 0.9% during the second quarter. As a result of the recent acquisition that Mainstay Capital Management LLC was able to successfully complete, the company now has an increased shareholding of 19 shares. At the moment, ADV is the owner of 2,184 shares of the aerospace company. Taken together, these shares have
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