TransDigm Group Incorporated (NYSE:TDG) Expected to Post Earnings of $3.77 Per Share

Wall Street brokerages forecast that TransDigm Group Incorporated (NYSE:TDGGet Rating) will post earnings per share of $3.77 for the current quarter, according to Zacks. Three analysts have made estimates for TransDigm Group’s earnings. The highest EPS estimate is $4.13 and the lowest is $3.24. TransDigm Group posted earnings per share of $2.58 in the same quarter last year, which suggests a positive year-over-year growth rate of 46.1%. The company is scheduled to announce its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that TransDigm Group will report full-year earnings of $15.95 per share for the current fiscal year, with EPS estimates ranging from $14.85 to $17.40. For the next financial year, analysts expect that the firm will report earnings of $21.90 per share, with EPS estimates ranging from $20.55 to $24.45. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover TransDigm Group.

TransDigm Group (NYSE:TDGGet Rating) last issued its earnings results on Tuesday, February 8th. The aerospace company reported $2.64 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.68 by ($0.04). The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.24 billion. TransDigm Group had a net margin of 16.23% and a negative return on equity of 23.98%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the business posted $1.33 earnings per share.

Several equities research analysts have recently weighed in on the stock. Morgan Stanley boosted their target price on shares of TransDigm Group from $762.00 to $801.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 9th. lowered shares of TransDigm Group from a “buy” rating to a “hold” rating in a research note on Monday, April 11th. Finally, Truist Financial upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating and boosted their target price for the stock from $600.00 to $786.00 in a report on Friday, January 7th. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from, the company currently has a consensus rating of “Buy” and an average price target of $721.94.

In other TransDigm Group news, Director W Nicholas Howley sold 11,500 shares of the firm’s stock in a transaction dated Tuesday, February 15th. The stock was sold at an average price of $646.42, for a total value of $7,433,830.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Raymond F. Laubenthal sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, March 22nd. The shares were sold at an average price of $670.00, for a total value of $3,350,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 39,500 shares of company stock worth $25,313,045 over the last 90 days. Company insiders own 9.13% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. TFO TDC LLC bought a new stake in shares of TransDigm Group in the 4th quarter worth approximately $32,000. Duncker Streett & Co. Inc. purchased a new position in shares of TransDigm Group in the fourth quarter worth $35,000. Farmers & Merchants Investments Inc. raised its stake in shares of TransDigm Group by 51.4% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 56 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 19 shares during the last quarter. TCTC Holdings LLC purchased a new stake in TransDigm Group during the third quarter valued at $37,000. Finally, Pittenger & Anderson Inc. increased its position in TransDigm Group by 132.0% during the fourth quarter. Pittenger & Anderson Inc. now owns 58 shares of the aerospace company’s stock valued at $37,000 after acquiring an additional 33 shares during the last quarter. 97.09% of the stock is currently owned by institutional investors and hedge funds.

Shares of TDG traded up $2.31 during mid-day trading on Friday, reaching $638.48. The company had a trading volume of 325,164 shares, compared to its average volume of 295,827. The firm has a fifty day simple moving average of $649.54 and a 200-day simple moving average of $635.26. TransDigm Group has a fifty-two week low of $552.72 and a fifty-two week high of $688.03. The stock has a market cap of $35.41 billion, a price-to-earnings ratio of 49.96, a price-to-earnings-growth ratio of 2.10 and a beta of 1.45.

About TransDigm Group (Get Rating)

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its 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.

Recommended Stories

Get a free copy of the Zacks research report on TransDigm Group (TDG)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for TransDigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransDigm Group and related companies with's FREE daily email newsletter.