TransDigm Group Inc. Sets New 1-Year High at $165.09 (TDG)
TransDigm Group (NYSE:TDG) set a new 52-week high on Thursday, Analyst Ratings Network.com reports. The company traded as high as $165.09 and last traded at $164.88, with a volume of 218,257 shares. The stock had previously closed at $162.78.
A number of analysts have recently weighed in on TDG shares. Analysts at Zacks upgraded shares of TransDigm Group from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, December 20th. They now have a $162.00 price target on the stock. Separately, analysts at Barclays raised their price target on shares of TransDigm Group from $160.00 to $170.00 in a research note to investors on Friday, November 22nd. Finally, analysts at RBC Capital raised their price target on shares of TransDigm Group from $147.00 to $154.00 in a research note to investors on Friday, November 15th. They now have a “sector perform” rating on the stock. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. TransDigm Group presently has an average rating of “Buy” and an average target price of $164.40.
TransDigm Group has a 52 week low of $133.00 and a 52 week high of $165.11. The stock’s 50-day moving average is $157.0 and its 200-day moving average is $146.8. The company has a market cap of $8.679 billion and a P/E ratio of 68.17.
TransDigm Group (NYSE:TDG) last released its earnings data on Thursday, November 14th. The company reported $1.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.04. The company had revenue of $539.70 million for the quarter, compared to the consensus estimate of $536.17 million. During the same quarter in the previous year, the company posted $1.72 earnings per share. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. On average, analysts predict that TransDigm Group will post $7.37 earnings per share for the current fiscal year.
TransDigm Group Incorporated (NYSE:TDG), is a global designer, producer and supplier of aircraft components for use on commercial and military aircraft in service.
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