Shares of TransDigm Group Incorporated (NYSE:TDG) have received an average rating of “Buy” from the twenty ratings firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $295.79.

Several equities analysts recently issued reports on the company. Credit Suisse Group upped their target price on TransDigm Group from $294.54 to $320.00 and gave the company an “outperform” rating in a research report on Friday, November 10th. Robert W. Baird reissued a “buy” rating and issued a $300.00 target price on shares of TransDigm Group in a research report on Thursday, October 12th. Wolfe Research raised TransDigm Group from a “market perform” rating to an “outperform” rating in a research report on Friday, November 10th. SunTrust Banks reissued a “buy” rating and issued a $307.00 target price on shares of TransDigm Group in a research report on Friday, November 10th. Finally, Royal Bank of Canada set a $346.00 target price on TransDigm Group and gave the company a “buy” rating in a research report on Thursday, November 16th.

In related news, EVP James Skulina purchased 2,422 shares of the business’s stock in a transaction on Friday, May 11th. The shares were bought at an average cost of $245.52 per share, with a total value of $594,649.44. Following the transaction, the executive vice president now owns 4,000 shares of the company’s stock, valued at $982,080. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO W Nicholas Howley sold 63,776 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $268.60, for a total value of $17,130,233.60. The disclosure for this sale can be found here. Insiders have sold a total of 94,548 shares of company stock worth $25,894,245 over the last ninety days. 10.52% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. State of Alaska Department of Revenue grew its position in TransDigm Group by 93.2% during the 4th quarter. State of Alaska Department of Revenue now owns 7,462 shares of the aerospace company’s stock worth $2,047,000 after purchasing an additional 3,600 shares during the period. Fox Run Management L.L.C. acquired a new stake in TransDigm Group during the 4th quarter worth about $262,000. Schwab Charles Investment Management Inc. grew its position in shares of TransDigm Group by 2.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 173,932 shares of the aerospace company’s stock valued at $47,766,000 after acquiring an additional 3,549 shares during the period. Creative Planning grew its position in shares of TransDigm Group by 66.9% during the 4th quarter. Creative Planning now owns 3,613 shares of the aerospace company’s stock valued at $992,000 after acquiring an additional 1,448 shares during the period. Finally, Gateway Investment Advisers LLC grew its position in shares of TransDigm Group by 0.5% during the 4th quarter. Gateway Investment Advisers LLC now owns 53,031 shares of the aerospace company’s stock valued at $14,563,000 after acquiring an additional 246 shares during the period.

Shares of TransDigm Group (NYSE:TDG) traded down $2.32 on Friday, hitting $296.85. The stock had a trading volume of 279,878 shares, compared to its average volume of 434,593. TransDigm Group has a 12-month low of $203.72 and a 12-month high of $299.66. The company has a debt-to-equity ratio of -3.86, a quick ratio of 1.61 and a current ratio of 2.45. The stock has a market cap of $15,544.78, a price-to-earnings ratio of 37.48, a PEG ratio of 2.52 and a beta of 0.50.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Thursday, November 9th. The aerospace company reported $3.48 EPS for the quarter, beating the consensus estimate of $3.18 by $0.30. TransDigm Group had a negative return on equity of 30.13% and a net margin of 12.44%. The firm had revenue of $923.89 million during the quarter, compared to analyst estimates of $959.77 million. During the same quarter in the prior year, the business posted $3.29 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. research analysts forecast that TransDigm Group will post 12.73 earnings per share for the current fiscal year.

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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.

Analyst Recommendations for TransDigm Group (NYSE:TDG)

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