News stories about TransDigm Group (NYSE:TDG) have been trending positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring 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 media sentiment score of 0.34 on Accern’s scale. Accern also assigned media stories about the aerospace company an impact score of 46.1771490626099 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Analysts Anticipate TransDigm Group Incorporated (TDG) Will Announce Quarterly Sales of $933.77 Million (americanbankingnews.com)
- TransDigm Group Incorporated (TDG) Director Raymond F. Laubenthal Sells 11,900 Shares (americanbankingnews.com)
- TransDigm Group Incorporated (TDG) Insider Sells $1,528,947.40 in Stock (americanbankingnews.com)
- TransDigm Group (TDG) Upgraded by Zacks Investment Research to “Buy” (americanbankingnews.com)
- Q2 2018 Earnings Forecast for TransDigm Group Incorporated Issued By SunTrust Banks (TDG) (americanbankingnews.com)
A number of research firms recently issued reports on TDG. Morgan Stanley upped their price objective on shares of TransDigm Group from $265.00 to $290.00 and gave the stock an “equal weight” rating in a research report on Friday, February 9th. Jefferies Group set a $323.00 price objective on shares of TransDigm Group and gave the stock a “hold” rating in a research report on Wednesday, February 7th. Credit Suisse Group reiterated an “outperform” rating and set a $337.00 price objective (up from $320.00) on shares of TransDigm Group in a research report on Wednesday, February 7th. Stephens upgraded shares of TransDigm Group from an “underweight” rating to an “equal weight” rating and set a $275.00 price objective for the company in a research report on Thursday, February 8th. Finally, Bank of America upped their price objective on shares of TransDigm Group from $305.00 to $350.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $309.94.
TransDigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, February 6th. The aerospace company reported $2.43 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.64 by ($0.21). TransDigm Group had a net margin of 18.95% and a negative return on equity of 27.70%. The business had revenue of $847.96 million during the quarter, compared to analyst estimates of $860.12 million. During the same quarter last year, the company posted $2.57 earnings per share. The company’s revenue was up 4.2% compared to the same quarter last year. analysts expect that TransDigm Group will post 17.2 EPS for the current year.
In other news, Director Michael Graff sold 1,872 shares of the company’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $278.92, for a total value of $522,138.24. Following the sale, the director now directly owns 9,482 shares of the company’s stock, valued at approximately $2,644,719.44. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Raymond F. Laubenthal sold 6,000 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $277.48, for a total transaction of $1,664,880.00. Following the completion of the sale, the director now directly owns 75,818 shares in the company, valued at $21,037,978.64. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 42,116 shares of company stock valued at $12,204,944. Corporate insiders own 10.52% of the company’s stock.
ILLEGAL ACTIVITY WARNING: This piece was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece on another site, it was stolen and republished in violation of international trademark and copyright law. The original version of this piece can be viewed at https://www.com-unik.info/2018/02/18/transdigm-group-tdg-earns-media-sentiment-rating-of-0-34.html.
About TransDigm Group
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.
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 MarketBeat.com's FREE daily email newsletter.