TDG - TransDigm Group Incorporated
| Previous Close | 657.93 |
| Open | 660.99 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 653.50 - 667.29 |
| 52 Week Range | 344.61 - 667.29 |
| Volume | 393,386 |
| Avg. Volume | 301,565 |
| Market Cap | 35.167B |
| Beta (5Y Monthly) | 1.00 |
| PE Ratio (TTM) | 47.45 |
| EPS (TTM) | 13.84 |
| Earnings Date | Feb 02, 2020 - Feb 06, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Dec 26, 2019 |
| 1y Target Est | 651.01 |
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Eaton to Sell Hydraulics for $3.3B, Focus on Core Business
Eaton (ETN) continues with transformation initiatives and decides to sell the Hydraulics business for $3.3 billion in cash.
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What's in the Cards for Teledyne (TDY) This Earnings Season?
Product innovation and a steady acquisition strategy are expected to boost Teledyne Technologies' (TDY) Q4 results.
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Calculating The Fair Value Of TransDigm Group Incorporated (NYSE:TDG)
In this article we are going to estimate the intrinsic value of TransDigm Group Incorporated (NYSE:TDG) by taking the...
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Consolidations to Lift Aerospace-Defense Equipment Stocks
Consolidations to Lift Aerospace-Defense Equipment Stocks
- Bloomberg
Boeing Suppliers Shift the Balance of Power, One Deal at a Time
(Bloomberg Opinion) -- A would-be Boeing Co. takeover target has found its own dance partner.Woodward Inc., a maker of cockpit controls and engine-actuation systems, announced late Sunday that it’s merging with fellow aerospace supplier Hexcel Corp. The all-stock deal values Hexcel, a maker of lightweight composite materials, at about $7.5 billion including debt, with Woodward shareholders set to own about 55% of the combined company. While both suppliers have felt the sting of Boeing’s 737 Max grounding, executives said Sunday that the deal wasn’t a response to that crisis but rather an effort to position the combined company to better compete in the pursuit of more fuel-efficient engines.The effort to sell this merger as a play on climate change is interesting, and it shows the degree to which companies are taking seriously the increasing criticism of greenhouse-gas emissions. At the same time, it’s hard to extricate Boeing and its Max woes from the context of the deal. Just two years ago, it might have been Boeing making these kinds of arguments about the benefits of scale and combined research-and-development budgets.Boeing held preliminary talks with Woodward as it scouted targets for its push to build a services division with $50 billion in sales, according to reports in early 2018 from Bloomberg News and the Wall Street Journal. Woodward pushed back on those reports and said it wasn’t in discussions with Boeing on a possible sale. Boeing instead acquired KLX Inc.’s aerospace-distribution business for $4.25 billion and announced an auxiliary power unit joint venture with Safran SA. This added to home-grown efforts in avionics and cabin interiors and spooked investors in traditional suppliers of those parts and services.As recently as May, ex-Boeing CEO Dennis Muilenburg was talking about the prospect of additional deals in the vein of KLX – “a substantial, multi-billion dollar acquisition, but one that was complementary.” With the now 10-month Max grounding draining Boeing’s cash flow and mounting scrutiny over the company’s corporate culture and the integrity of its design process, it’s highly unlikely the company will be making acquisitions anytime soon, and entirely possible that its parts and services ambitions go no further.That creates an opportunity for its suppliers, and Woodward and Hexcel are right to seize the moment to gain more clout, particularly as it looks increasingly likely that Boeing will have to speed up development of a narrow-body successor to the 737. With new technologies requiring ever-higher levels of spending, it also just helps to have a bigger balance sheet. Woodward and Hexcel expect to spend $250 million on R&D in the first year after the deal closes, or about 5% of combined sales. That’s a roughly 15% step-up from estimated 2019 levels, notes Jefferies analyst Sheila Kahyaoglu. “Woodward and Hexcel touch nearly every aspect of aerospace design,” Hexcel CEO Nick Stanage, who will retain that role at the combined company, said on a conference call Sunday. The merged entity will be well-positioned to deliver “integrated systems that satisfy demands for aircraft aerodynamics, energy efficiency, improved safety and reduced emissions and noise.”The Woodward-Hexcel combination follows a United Technologies Corp. $100 billion buying spree over the past two years that saw the engine maker link up with avionics supplier Rockwell Collins Inc. and defense contractor Raytheon Co., as well as smaller tie-ups between Parker-Hannifin Corp. and Exotic Metals Forming Co. and TransDigm Group Inc. and Esterline Technologies Corp. Analysts expressed some caution on Hexcel and Woodward’s ambitious goal of generating $1 billion of cash flow in the first fiscal year after closing, and time will tell if the companies can follow through. But strategically, it’s a bold and smart move that should give the companies an upper hand in both the battle against climate change and any future battles with Boeing. To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
Why TransDigm (TDG) Could Beat Earnings Estimates Again
TransDigm (TDG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Thomson Reuters StreetEvents
Edited Transcript of TDG earnings conference call or presentation 19-Nov-19 4:00pm GMT
Q4 2019 TransDigm Group Inc Earnings Call
- Zacks
Eaton Sells Fluid Conveyance Assets to Focus on Core Business
Eaton (ETN) continues to streamline assets to focus on higher-margin businesses. The latest move is in sync with its long-term growth objectives.
- MarketWatch
Aerospace and defense stocks like Northrop Grumman rise in wake of Soleimani killing
Shares of Northrop Grumman on Friday are among the few stocks to gain on Friday as investors react to escalating tensions between Iran and the U.S. in the aftermath of the killing of Iranian Major General Qassem Soleimani.
- GuruFocus.com
Top 5 Best-Performing Stocks of the Past Decade
These S&P; 500 members wowed investors over the last 10 years Continue reading...
- Insider Monkey
Hedge Fund Consensus Stocks vs. TransDigm Group Incorporated (TDG) In 2019
Last year's fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing […]
- Zacks
The Zacks Analyst Blog Highlights: Royal Dutch, TOTAL, Becton, Dickinson, Workday and TransDigm
The Zacks Analyst Blog Highlights: Royal Dutch, TOTAL, Becton, Dickinson, Workday and TransDigm
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Top Research Reports for Royal Dutch Shell, TOTAL & Becton, Dickinson
Top Research Reports for Royal Dutch Shell, TOTAL & Becton, Dickinson
- PR Newswire
TransDigm Group Completes Divestiture of Souriau-Sunbank Connection Technologies and Declares a Special Cash Dividend of $32.50 Per Share
TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, announced today that it has completed the divestiture of Souriau-Sunbank Connection Technologies (Souriau-Sunbank) to Eaton Corporation plc (NYSE: ETN) in a transaction valued at approximately $920 million.
- Zacks
TransDigm (TDG) Down 1.3% Since Last Earnings Report: Can It Rebound?
TransDigm (TDG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- American City Business Journals
Boeing: 737 Max production halt may not mean full-stop for suppliers
Boeing's top supply chain executive vows to work with suppliers to develop an approach that supports the Renton factory while deviating from its own plans to halt production of the 737 Max.
- MoneyShow
TransDigm- Aerospace Play Set to Take Flight
We've labeled TransDigm (TDG) as the best growth stock few investors have heard of, with a unique, dependable story and a management team that's proven adept at making the right moves, notes growth stock expert Mike Cintolo, editor of Cabot Top Ten Trader.
- GuruFocus.com
6 Guru Stocks Beating the Market
Paychex and Barrick Gold Corp. make the list Continue reading...
- Insider Monkey
Hedge Funds Have Never Been This Bullish On TransDigm Group Incorporated (TDG)
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […]
- Kiplinger
10 Best Stocks of the Past 10 Years
These companies powered through the past decade. Can they keep it up?
- Zacks
Top Research Reports for Pfizer, Netflix & Dominion Energy
Top Research Reports for Pfizer, Netflix & Dominion Energy
- Simply Wall St.
TransDigm Group Incorporated Just Missed EPS By 5.3%: Here's What Analysts Think Will Happen Next
TransDigm Group Incorporated (NYSE:TDG) missed earnings with its latest full-year results, disappointing...
- Investor's Business Daily
TransDigm Earnings Easily Beat, But F-35 Supplier Misses On Revenue
TransDigm earnings beat Q4 views, but sales missed while 2020 guidance was lukewarm. TransDigm stock fell early Tuesday.
- Investor's Business Daily
Dow Jones Reverses Lower After Record Highs, As Home Depot Dives On Earnings
The major stock indexes set fresh record highs Tuesday, but trimmed gains. Home Depot dove on earnings, while Apple hit another all-time high.
- Zacks
TransDigm (TDG) Q4 Earnings Beat Estimates, Revenues Up Y/Y
TransDigm's (TDG) acquisition sales total $407.6 million in fourth-quarter fiscal 2019, mainly coming from Esterline Technologies Corporation.
