TransDigm Group Inc (TDG): Today's Featured Aerospace/Defense Laggard
(
) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day down 0.8%. By the end of trading, TransDigm Group fell $1.83 (-1.3%) to $139.16 on average volume. Throughout the day, 489,525 shares of TransDigm Group exchanged hands as compared to its average daily volume of 493,100 shares. The stock ranged in price between $138.92-$140.94 after having opened the day at $140.94 as compared to the previous trading day's close of $140.99. Other companies within the Aerospace/Defense industry that declined today were:
(
), down 4.5%,
(
), down 3.1%,
(
), down 2.7% and
Smith & Wesson Holding Corporation
(
), down 1.8%.
TransDigm Group Incorporated, through its subsidiaries, designs, produces, and supplies engineered aerospace components for commercial and military aircraft customers in the United States. TransDigm Group has a market cap of $7.5 billion and is part of the industrial goods sector. Shares are up 4.4% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate TransDigm Group a buy, no analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates
TransDigm Group
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, notable return on equity, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full TransDigm Group Ratings Report.
On the positive front,
(
), up 2.2% and
(
), up 1.7%.
- Use our aerospace/defense section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider
iShares DJ US Aerospace & Def Idx
(
) while those bearish on the aerospace/defense industry could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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