News articles about Transdigm Group (NYSE:TDG) have trended somewhat positive on Thursday, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Transdigm Group earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news headlines about the aerospace company an impact score of 60 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Transdigm Group (NYSE:TDG) Sellers Covered 8.43% of Their Shorts – Weekly Register (weeklyregister.com)
- Investor Watch: Checking on Shares of Transdigm Group Incorporated (NYSE:TDG) – Jonesboro Recorder (jonesbororecorder.com)
- Transdigm Group Incorporated (TDG) Given “Buy” Rating at Deutsche Bank AG (americanbankingnews.com)
- Are Analysts Bullish TransDigm Group Incorporated (NYSE:TDG) After Last Week? (eleganthomesinla.com)
- How Many TransDigm Group Incorporated (NYSE:TDG)’s Analysts (badhub.net)
Transdigm Group (NYSE:TDG) traded down 0.17% on Thursday, hitting $267.50. 371,191 shares of the stock were exchanged. The company has a 50-day moving average of $260.12 and a 200 day moving average of $245.60. Transdigm Group has a 12 month low of $203.72 and a 12 month high of $294.38. The firm has a market cap of $13.92 billion, a P/E ratio of 30.36 and a beta of 0.59.
Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, May 9th. The aerospace company reported $3.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.85 by $0.17. The firm had revenue of $873.23 million during the quarter, compared to analysts’ expectations of $894.37 million. Transdigm Group had a net margin of 14.10% and a negative return on equity of 47.38%. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.86 earnings per share. Equities research analysts expect that Transdigm Group will post $12.28 earnings per share for the current fiscal year.
A number of research analysts recently weighed in on the stock. Deutsche Bank AG reiterated a “buy” rating and issued a $305.00 price objective on shares of Transdigm Group in a research note on Tuesday, June 13th. Robert W. Baird reiterated an “outperform” rating and issued a $300.00 price objective (up from $262.00) on shares of Transdigm Group in a research note on Tuesday, June 6th. Jefferies Group LLC reiterated a “buy” rating on shares of Transdigm Group in a research note on Tuesday, June 6th. Zacks Investment Research upgraded shares of Transdigm Group from a “hold” rating to a “buy” rating and set a $303.00 price objective for the company in a research note on Tuesday, June 6th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $300.00 price objective on shares of Transdigm Group in a research note on Thursday, May 25th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. Transdigm Group has an average rating of “Buy” and a consensus target price of $283.49.
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In related news, insider Jorge Valladares sold 6,000 shares of the firm’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $265.53, for a total transaction of $1,593,180.00. Following the completion of the transaction, the insider now directly owns 15,000 shares of the company’s stock, valued at $3,982,950. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 10.52% of the company’s stock.
Transdigm Group Company Profile
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.
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