NEW YORK (

TheStreet

) --

TransDigm Group

(NYSE:

TDG

) hit a new 52-week high Monday as it is currently trading at $118.46, above its previous 52-week high of $118.45 with 265,390 shares traded as of 1:55 p.m. ET. Average volume has been 340,700 shares over the past 30 days.

TransDigm Group has a market cap of $5.08 billion and is part of the

industrial goods

sector and

aerospace/defense

industry. Shares are up 21.4% year to date as of the close of trading on Friday.

TransDigm Group Incorporated designs, produces, and supplies engineered aircraft components for use on commercial and military aircraft principally in the United States. The company has a P/E ratio of 28, below the average aerospace/defense industry P/E ratio of 31.7 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates TransDigm Group as a

buy

. 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, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

TransDigm Group Ratings Report

.

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