TransDigm Group Incorporated (NYSE:TDG)
February 12th, 2019
With markets going up TransDigm Group Incorporated finished up $2.65 Tuesday, up 0.62%, closing at $431.18. Furthermore it hit a new 52 week high of $432.96. Be aware that the Altman Z-Score1 (An indicator of the probability for a 2-year bankruptcy) is below the recommended threshold of 1.8%, and calculated to be 1.47.
TDG was outperformed by the rest of the Industrials sector which went up 1.56%.
TransDigm Group Incorporated is listed on the S&P 500 index, and was one of 406 stocks that rose today. Weighted by market cap, TDG represents about 0.09% of the S&P 500.
Results from 13 analysts suggest that TransDigm Group Incorporated could fall somewhat (-8.57%), while Finbox has calculated (with medium uncertainty) a fair value price of $289.65.
The market sectors were mixed Tuesday with a majority of the sectors trending up. Materials saw the biggest increase of the day (2.25%), while Real Estate saw the biggest drop (-0.70%). Industrials has seen the biggest year-to-date gain at 13.91%.
Materials saw the biggest turnaround from its 5-day performance of -1.14%, as it went up 2.25%. Real Estate saw a turn around from its 5-day performance of 0.96% trading down -0.70%.
- Materials went up with a 2.25% change.
- Consumer Discretionary went up with a 1.66% change.
- Industrials went up with a 1.56% change.
- Financials went up with a 1.56% change.
- Information Technology went up with a 1.36% change.
- Healthcare went up with a 1.34% change.
- Energy went up with a 1.18% change.
- Communication Services went up with a 1.14% change.
- Consumer Staples went up with a 0.88% change.
- Utilities went up with a 0.17% change.
- Real Estate went down with a -0.70% change.
TransDigm Group Incorporated Info
TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company operates in three segments: Power & Control, Airframe, and Non-aviation. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems. It serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The Airframe segment provides engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, aircraft audio systems, specialized lavatory components, seat belts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, and cargo delivery systems. It serves airframe manufacturers, cabin system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots. The Non-aviation segment offers seat belts and safety restraints for ground transportation applications, mechanical/electro-mechanical actuators and controls for space applications, and refueling systems for heavy equipment. It serves off-road vehicle and subsystem suppliers, child restraint system suppliers, and satellite and space system suppliers; and manufacturers of heavy equipment. TransDigm Group Incorporated was founded in 1993 and is headquartered in Cleveland, Ohio.
All amounts in USD unless otherwise indicated
(1) The Altman Z-Score calculation was first published in 1968 by Edward I. Altman, and is used for predicting the probability that a firm will go into bankruptcy within two years. An Altman Z-Score below 1.8 (Remember that TransDigm Group Incorporated’s score is 1.47) is the trigger to be alert for this situation. Some analysts believe this score is less relevant for some companies, in particular companies operating to accumulate users that may run at huge losses to scale up.
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