TransDigm Group Incorporated (TDG) was Downgraded by KeyBanc Capital Mkts to ” Sector Weight”. Earlier the firm had a rating of “Overweight ” on the company shares. KeyBanc Capital Mkts advised their investors in a research report released on Apr 13, 2016.
Many Wall Street Analysts have commented on TransDigm Group Incorporated.
On the company’s financial health, TransDigm Group Incorporated reported $2.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.05 based on the information available during the earnings call on Feb 9, 2016. Analyst had a consensus of $2.32. The company had revenue of $701.70 million for the quarter, compared to analysts expectations of $733.41 million. The company’s revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.80 EPS.
TransDigm Group Incorporated opened for trading at $225.78 and hit $227.1 on the upside on Monday, eventually ending the session at $224.5, with a gain of 0.16% or 0.36 points. The heightened volatility saw the trading volume jump to 2,25,814 shares. Company has a market cap of $12,003 M.
In a different news, on Mar 18, 2016, Gregory Rufus (Sr. Exec. VP) sold 3,888 shares at $230.00 per share price. According to the SEC, on Mar 7, 2016, Robert J Small (director) purchased 41,655 shares at $220.89 per share price. On Feb 1, 2016, Robert S Henderson (Exec.V.P.) sold 10,000 shares at $226.29 per share price, according to the Form-4 filing with the securities and exchange commission.
TransDigm Group Incorporated (TransDigm) is a designer producer and supplier of engineered aircraft components for use on commercial and military aircraft. The Company operates through three segments: Power & Control Airframe and Non-aviation. Its 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. Its Airframe segment includes operations that primarily develop produce and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. Its Non-aviation segment includes operations that primarily develop produce and market products for non-aviation markets. Its product offerings include mechanical/electro-mechanical actuators and controls ignition systems and engine technology and power conditioning devices.