Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day down 0.9%. By the end of trading, TransDigm Group rose $1.58 (1.1%) to $144.95 on heavy volume. Throughout the day, 1.2 million shares of TransDigm Group exchanged hands as compared to its average daily volume of 370,600 shares. The stock ranged in a price between $144-$146.22 after having opened the day at $144 as compared to the previous trading day's close of $143.37. Another company within the Aerospace/Defense industry that increased today was
), up 4.1%.
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TransDigm Group Incorporated designs, produces, and supplies engineered aircraft components for use on commercial and military aircraft principally in the United States. TransDigm Group has a market cap of $7.44 billion and is part of the
sector. The company has a P/E ratio of 26.1, above the average aerospace/defense industry P/E ratio of 25.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 49.8% year to date as of the close of trading on Monday. Currently there are six analysts that rate TransDigm Group a buy, no analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates TransDigm Group as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full TransDigm Group Ratings Report.
On the negative front,
), down 3.9%,
), down 3%,
), down 2.9%, and
), down 2.9%, were all laggards within the aerospace/defense industry with
) being today's aerospace/defense industry laggard.
- 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.
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