Somewhat Favorable News Coverage Somewhat Likely to Affect Transdigm Group (TDG) Stock Price

Media coverage about Transdigm Group (NYSE:TDG) has been trending somewhat positive recently, Alpha One Sentiment Analysis reports. The research firm, a service of Accern, identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Transdigm Group earned a coverage optimism score of 0.18 on Alpha One’s scale. Alpha One also assigned news articles about the aerospace company an impact score of 60 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the near future.

Here are some of the media stories that may have effected Alpha One Sentiment’s analysis:

Insider Buying and Selling by Quarter for Transdigm Group (NYSE:TDG)

Transdigm Group (NYSE TDG) traded down 0.39% on Friday, reaching $270.26. 593,894 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $258.40 and its 200 day moving average is $245.31. Transdigm Group has a 52 week low of $203.72 and a 52 week high of $294.38. The company has a market cap of $14.06 billion, a price-to-earnings ratio of 30.67 and a beta of 0.59.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, May 9th. The aerospace company reported $3.02 EPS for the quarter, topping the Zacks’ consensus estimate of $2.85 by $0.17. The company had revenue of $873.23 million for the quarter, compared to analyst estimates of $894.37 million. Transdigm Group had a negative return on equity of 47.38% and a net margin of 14.10%. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.86 earnings per share. On average, equities analysts anticipate that Transdigm Group will post $12.28 earnings per share for the current year.

Several equities research analysts have issued reports on TDG shares. Jefferies Group LLC reissued a “buy” rating and issued a $298.00 price target on shares of Transdigm Group in a report on Thursday, March 16th. Royal Bank of Canada restated a “buy” rating on shares of Transdigm Group in a research note on Tuesday, March 14th. Vertical Research upgraded shares of Transdigm Group from a “hold” rating to a “buy” rating in a research note on Tuesday, March 14th. Vertical Group upgraded shares of Transdigm Group from a “hold” rating to a “buy” rating and set a $278.00 target price on the stock in a research note on Tuesday, March 14th. Finally, Canaccord Genuity restated a “buy” rating and issued a $300.00 target price on shares of Transdigm Group in a research note on Wednesday, March 22nd. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $283.49.

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In other Transdigm Group news, insider Jorge Valladares sold 6,000 shares of Transdigm Group stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $265.53, for a total value of $1,593,180.00. Following the completion of the sale, the insider now directly owns 15,000 shares in the company, valued at $3,982,950. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 10.52% of the stock is owned by insiders.

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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