For its third fiscal quarter (ending June 30), TransDigm Group Inc (NYSE: TDG) has reported a 30% increase in E.P.S. from $6.14 a year ago to $7.96 in the current quarter. However, this result fell short of the consensus estimate of $8.55 by $-0.59. For the latest four quarters through June 30, E.P.S. were $27.04 versus $18.78 for the same period a year ago — an increase of 44%.
Recent Price Action
TransDigm Group Inc (NYSE: TDG) stock enjoyed a large increase of 2.3% on 8/6/24. The stock closed at $1237.37. Moreover, this advance was accompanied by unusually high trading volume at 159% of normal. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, TDG is expected to be an important Value Eraser.
TransDigm Group is currently unrated.
Rating Review
The stock is currently unrated.
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