Media coverage about Transdigm Group (NYSE:TDG) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Transdigm Group earned a news impact score of 0.19 on Accern’s scale. Accern also gave media headlines about the aerospace company an impact score of 46.678569272544 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s analysis:
- The Klein Law Firm Reminds Investors of Commencement of a Class Action Filed on Behalf of TransDigm Group … – GuruFocus.com (gurufocus.com)
- The Klein Law Firm Reminds Investors of Commencement of a Class Action Filed on Behalf of TransDigm Group Incorporated Shareholders and a Lead Plaintiff Deadline of October 10, 2017 (TDG) (finance.yahoo.com)
- UPCOMING DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit against TransDigm Group Incorporated and Reminds Investors with Losses to Contact the Firm (finance.yahoo.com)
- INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of TransDigm Group Incorporated of a Class Action … – GuruFocus.com (gurufocus.com)
- Bragar Eagel & Squire, PC Reminds Investors That a Class Action Lawsuit Has Been Filed Against TransDigm Group … – Business Wire (press release) (businesswire.com)
Several equities analysts recently commented on the stock. Canaccord Genuity reaffirmed a “buy” rating and set a $330.00 target price on shares of Transdigm Group in a report on Friday. Royal Bank Of Canada reaffirmed a “buy” rating and set a $316.00 target price on shares of Transdigm Group in a report on Friday, September 1st. Zacks Investment Research cut shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, August 14th. Cowen and Company reissued a “market perform” rating and set a $290.00 price target (up previously from $219.00) on shares of Transdigm Group in a research report on Thursday, August 10th. Finally, Vertical Research reissued a “buy” rating and set a $316.00 price target (up previously from $280.00) on shares of Transdigm Group in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $297.52.
Shares of Transdigm Group (NYSE:TDG) traded up 0.56% on Friday, hitting $256.15. 633,932 shares of the company traded hands. The firm has a market capitalization of $13.30 billion, a P/E ratio of 28.46 and a beta of 0.54. The firm’s 50-day moving average is $270.22 and its 200 day moving average is $257.31. Transdigm Group has a 1-year low of $203.72 and a 1-year high of $295.00.
Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, August 8th. The aerospace company reported $3.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.98 by $0.32. The business had revenue of $907.67 million for the quarter, compared to analyst estimates of $903.99 million. Transdigm Group had a negative return on equity of 40.12% and a net margin of 14.47%. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.09 earnings per share. On average, analysts anticipate that Transdigm Group will post $12.30 earnings per share for the current fiscal year.
The business also recently announced a special dividend, which was paid on Tuesday, September 12th. Stockholders of record on Tuesday, September 5th were issued a $22.00 dividend. The ex-dividend date of this dividend was Thursday, August 31st.
In related news, insider Jorge Valladares sold 5,900 shares of the company’s stock in a transaction on Friday, July 14th. The stock was sold at an average price of $278.03, for a total transaction of $1,640,377.00. Following the transaction, the insider now owns 14,900 shares of the company’s stock, valued at $4,142,647. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Raymond F. Laubenthal sold 6,000 shares of the company’s stock in a transaction on Monday, July 17th. The stock was sold at an average price of $281.81, for a total value of $1,690,860.00. Following the transaction, the director now directly owns 75,701 shares in the company, valued at approximately $21,333,298.81. The disclosure for this sale can be found here. In the last three months, insiders sold 18,000 shares of company stock worth $5,024,197. Corporate insiders own 10.52% of the company’s stock.
WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Impact Transdigm Group (NYSE:TDG) Stock Price” was first reported by BBNS and is the property of of BBNS. If you are accessing this piece on another site, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The original version of this piece can be read at https://baseballnewssource.com/markets/transdigm-group-tdg-given-media-impact-rating-of-0-19/1566978.html.
Transdigm Group Company Profile
TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.
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