TransDigm Group COO Raymond F. Laubenthal Unloads 1,950 Shares (TDG)
TransDigm Group (NYSE:TDG) COO Raymond F. Laubenthal sold 1,950 shares of the company’s stock on the open market in a transaction dated Thursday, May 15th. The stock was sold at an average price of $183.20, for a total value of $357,240.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs reiterated a “buy” rating on shares of TransDigm Group in a research note on Tuesday, May 13th. Separately, analysts at Citigroup Inc. reiterated an “overweight” rating on shares of TransDigm Group in a research note on Wednesday, May 7th. They now have a $200.00 price target on the stock, up previously from $190.00. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of TransDigm Group in a research note on Wednesday, May 7th. They now have a $197.00 price target on the stock, up previously from $196.00. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $187.71.
Shares of TransDigm Group (NYSE:TDG) traded up 1.63% on Monday, hitting $186.64. The stock had a trading volume of 837,422 shares. TransDigm Group has a one year low of $134.48 and a one year high of $187.64. The stock’s 50-day moving average is $179.9 and its 200-day moving average is $168.9. The company has a market cap of $9.878 billion and a P/E ratio of 53.25.
TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.92 by $0.05. The company had revenue of $590.80 million for the quarter, compared to the consensus estimate of $585.54 million. During the same quarter in the previous year, the company posted $1.74 earnings per share. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. Analysts expect that TransDigm Group will post $7.71 EPS 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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