TransDigm Group (NYSE:TDG) Posts Quarterly Earnings Results, Beats Expectations By $0.84 EPS

TransDigm Group (NYSE:TDG) announced its earnings results on Tuesday. The aerospace company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84, Zacks reports. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a negative return on equity of 50.40% and a net margin of 19.93%. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period last year, the company posted $7.16 earnings per share. TransDigm Group updated its FY 2025 guidance to 35.510-37.430 EPS and its FY25 guidance to $35.51-37.43 EPS.

TransDigm Group Trading Down 1.2 %

TDG opened at $1,292.03 on Thursday. The stock has a market capitalization of $72.41 billion, a P/E ratio of 50.47, a P/E/G 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. The firm’s fifty day simple moving average is $1,291.32 and its 200 day simple moving average is $1,314.15.

Insiders Place Their Bets

In related news, Director W Nicholas Howley sold 5,472 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the completion of the transaction, the director now owns 21,548 shares of the company’s stock, valued at approximately $27,942,799.96. This trade represents a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,892,616. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 89,525 shares of company stock worth $112,769,801. Corporate insiders own 4.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on TDG shares. Truist Financial increased their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Wells Fargo & Company lowered their target price on TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and cut their price target for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Citigroup lifted their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, KeyCorp upped their target price on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,455.00.

TransDigm Group Company Profile

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.