TransDigm Group (TDG) Expected to Announce Quarterly Earnings on Thursday

TransDigm Group (NYSE:TDG) is anticipated to announce its earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $7.43 per share for the quarter. TransDigm Group has set its FY 2025 guidance at 35.510-37.430 EPS and its FY25 guidance at $35.51-37.43 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

TransDigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating the consensus estimate of $6.73 by $0.84. TransDigm Group had a negative return on equity of 50.40% and a net margin of 19.93%. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter last year, the firm posted $7.16 EPS. The company’s revenue was up 12.1% compared to the same quarter last year. On average, analysts expect TransDigm Group to post $34 EPS for the current fiscal year and $40 EPS for the next fiscal year.

TransDigm Group Trading Down 1.2 %

Shares of NYSE TDG opened at $1,292.03 on Thursday. The business has a 50-day moving average of $1,291.32 and a 200-day moving average of $1,314.15. The firm has a market capitalization of $72.41 billion, a price-to-earnings ratio of 50.47, a PEG ratio of 3.06 and a beta of 1.40. TransDigm Group has a 12 month low of $1,100.86 and a 12 month high of $1,451.32.

Analysts Set New Price Targets

TDG has been the topic of a number of research analyst reports. Barclays reissued an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. Citigroup increased their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Truist Financial increased their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a “buy” rating to a “hold” rating and dropped their target price for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,455.00.

Insider Transactions at TransDigm Group

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total value of $4,077,180.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,892,616. This represents a 45.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert J. Small sold 38,053 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the transaction, the director now owns 567,323 shares in the company, valued at $708,461,615.94. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 89,525 shares of company stock worth $112,769,801. Company insiders own 4.09% of the company’s stock.

About TransDigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.