|Bid||595.08 x 900|
|Ask||596.22 x 1000|
|Day's Range||590.08 - 608.86|
|52 Week Range||200.06 - 673.51|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||65.95|
|Earnings Date||Feb 02, 2021 - Feb 08, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 27, 2019|
|1y Target Est||625.07|
The pandemic has hit airlines hard, and has taken commercial aerospace companies down as well. In this Motley Fool Live clip from Nov. 19, Motley Fool contributor Lou Whiteman explains why TransDigm Group (NYSE: TDG) is his top commercial aerospace pick, arguing that even after a recent surge higher the stock still has room to run. Lou Whiteman: TransDigm Group is the maker of parts for airplanes.
TransDigm's (TDG) acquisition of Cobham Aero Connectivity is expected to close during the first quarter of 2021.
TransDigm Group Incorporated (NYSE: TDG) today announced it has entered into a definitive agreement to acquire Cobham Aero Connectivity ("CAC" or "the Company") for approximately $965 million in cash, including tax benefits. Additionally, TransDigm provided an update with regard to its previously announced plans to potentially divest a select number of defense-oriented operating units that were acquired as part of the Esterline acquisition.