TransDigm Group Incorporated (TDG) Declares Dividend of $25.00
TransDigm Group (NYSE:TDG) declared a dividend on Thursday, June 5th, American Banking & Market News reports. Shareholders of record on Monday, June 16th will be given a dividend of 25.00 per share on Thursday, June 26th. The ex-dividend date of this dividend is Thursday, June 12th.
A number of research firms have recently commented on TDG. Analysts at Zacks reiterated a “neutral” rating on shares of TransDigm Group in a research note on Thursday, May 22nd. They now have a $194.00 price target on the stock. On a related note, analysts at Goldman Sachs reiterated a “buy” rating on shares of TransDigm Group in a research note on Tuesday, May 13th. Finally, 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. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. TransDigm Group presently has a consensus rating of “Buy” and a consensus price target of $187.86.
TransDigm Group (NYSE:TDG) opened at 190.97 on Friday. TransDigm Group has a one year low of $134.48 and a one year high of $193.62. The stock’s 50-day moving average is $183.1 and its 200-day moving average is $172.9. The company has a market cap of $10.107 billion and a P/E ratio of 55.42.
TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $1.87 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $1.74 earnings per share. TransDigm Group’s revenue was up 26.9% compared to the same quarter last year. Analysts expect that TransDigm Group will post $7.70 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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