- TransDigm Group (TDG, Financial) reported a 12% increase in net sales, although slightly below analysts' expectations.
- Adjusted earnings per share exceeded predictions, reaching $9.11, bolstered by strong aftermarket services.
- Analysts' consensus signals an "Outperform" rating, with a slight downside expected based on current price ratios.
TransDigm Group (TDG) maintained relative stability in premarket trading following its mixed quarterly earnings report. While net sales reached $2.15 billion—marking a 12% increase compared to the previous year—these figures fell slightly short of analyst forecasts. However, the company's adjusted earnings per share surpassed expectations, hitting $9.11, driven by robust performance in its aftermarket services segment.
Wall Street's Projections
The latest insights from 21 analysts predict an average price target of $1,450.48 for TransDigm Group Inc (TDG, Financial) over the next year. Estimates vary, with a high of $1,605.00 and a low of $1,050.00. This average target implies a minor downside of 1.50% from the current trading price of $1,472.62. For a deeper dive into these projections, visit the TransDigm Group Inc (TDG) Forecast page.
Analyst Ratings and GuruFocus Metrics
According to the consensus from 23 brokerage firms, TransDigm Group Inc (TDG, Financial) carries an average recommendation score of 1.9, classifying it as "Outperform." This rating falls on a scale where 1 represents a Strong Buy and 5 a Sell.
Moreover, GuruFocus provides an estimated GF Value for the stock at $1,296.88 in the coming year. This suggests a potential downside of 11.93% from its current trading price of $1,472.62. The GF Value is calculated based on past trading multiples, historical business growth, and projected future performance. For further details, refer to the TransDigm Group Inc (TDG, Financial) Summary page.
