) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day up 0.3%. By the end of trading, TransDigm Group fell $5.38 (-3.3%) to $156.81 on heavy volume. Throughout the day, 1,307,767 shares of TransDigm Group exchanged hands as compared to its average daily volume of 360,300 shares. The stock ranged in price between $154.79-$164.62 after having opened the day at $162.58 as compared to the previous trading day's close of $162.19. Other companies within the Aerospace/Defense industry that declined today were:
), down 2.8% and
), down 1.7%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass
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 $8.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 31.1, above the S&P 500 P/E ratio of 17.7. Shares are up 18.9% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate TransDigm Group a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. 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 solid stock price performance. 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 3.7%,
), up 3.6% and
), up 2.4% , were all gainers within the aerospace/defense industry with
) being today's featured aerospace/defense industry leader.
- 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
) while those bearish on the aerospace/defense industry could consider
- Find other investment ideas from our top rated ETFs lists.