Media headlines about TransDigm Group (NYSE:TDG) have been trending positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TransDigm Group earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned headlines about the aerospace company an impact score of 46.855627688763 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Why TransDigm (TDG) Might Surprise This Earnings Season (finance.yahoo.com)
- TransDigm Group (TDG) Rating Reiterated by Canaccord Genuity (americanbankingnews.com)
- Is TransDigm (TDG) Poised for Another Earnings Beat in Q1? (zacks.com)
- TransDigm Group Incorporated (TDG) Expected to Announce Earnings of $2.76 Per Share (americanbankingnews.com)
- TransDigm Group (TDG) to Release Quarterly Earnings on Tuesday (americanbankingnews.com)
Shares of TransDigm Group (NYSE:TDG) traded down $10.42 during trading hours on Monday, reaching $296.86. The company’s stock had a trading volume of 712,821 shares, compared to its average volume of 435,759. The company has a current ratio of 2.45, a quick ratio of 1.61 and a debt-to-equity ratio of -3.86. The stock has a market cap of $15,900.00, a PE ratio of 35.13, a P/E/G ratio of 2.59 and a beta of 0.77. TransDigm Group has a 12 month low of $203.72 and a 12 month high of $321.38.
TransDigm Group (NYSE:TDG) last issued its earnings results on Thursday, November 9th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.18 by $0.30. The company had revenue of $923.89 million during the quarter, compared to analysts’ expectations of $959.77 million. TransDigm Group had a negative return on equity of 30.13% and a net margin of 12.44%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the business earned $3.29 EPS. analysts predict that TransDigm Group will post 12.72 EPS for the current year.
Several research analysts recently commented on the company. Canaccord Genuity reissued a “buy” rating and issued a $330.00 price objective on shares of TransDigm Group in a research note on Friday. Cowen reissued a “hold” rating and issued a $290.00 price objective on shares of TransDigm Group in a research note on Monday, January 29th. Royal Bank of Canada set a $370.00 price objective on TransDigm Group and gave the company a “buy” rating in a research note on Wednesday, January 24th. SunTrust Banks reissued a “buy” rating on shares of TransDigm Group in a research note on Friday, January 19th. Finally, Robert W. Baird reissued a “buy” rating and issued a $300.00 price objective on shares of TransDigm Group in a research note on Thursday, October 12th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $299.46.
In other news, CEO W Nicholas Howley sold 63,776 shares of the stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $268.60, for a total transaction of $17,130,233.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Raymond F. Laubenthal sold 6,000 shares of the stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $263.94, for a total value of $1,583,640.00. Following the transaction, the director now owns 75,818 shares of the company’s stock, valued at $20,011,402.92. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 94,548 shares of company stock valued at $25,894,245. 10.52% of the stock is owned by company insiders.
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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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