TransDigm Group Inc (NYSE:TDG) continues to
strengthen its financial position with a solid
return of 133%-166% over the last five years. The company exhibits
healthy relative strength and has outpaced its competitors on several trading days. The company
comfortably exceeded earnings and revenue estimates in Q3 and Q4, and analysts predict a further increase in earnings. The group remains aggressive in business acquisition, recently acquiring
Raptor Scientific and
SEI Industries LTD. In a move likely to please investors, TransDigm recently
declared a special cash dividend of $75.00 per share, funded by an incremental debt offering of
$3.0 billion. However, insider trading has seen the CEO and a director collectively sell over 25,000 shares. Despite this, the analysts remain positive on TransDigm's long-term momentum and growth potential, however, Deutsche Bank Aktiengesellschaft has downgraded the stock to hold.
Transdigm Group TDG News Analytics from Tue, 07 May 2024 07:00:00 GMT to Sat, 18 Jan 2025 14:58:31 GMT -
Rating 7
- Innovation 6
- Information 7
- Rumor 3
