TransDigm Group Reaches New 52-Week High (TDG)

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.

NEW YORK ( TheStreet) -- TransDigm Group (NYSE: TDG) hit a new 52-week high Thursday as it is currently trading at $154.39, above its previous 52-week high of $153.74 with 3,817 shares traded as of 9:45 a.m. ET. Average volume has been 354,600 shares over the past 30 days.

TransDigm Group has a market cap of $7.57 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are up 12.4% year to date as of the close of trading on Wednesday.

TransDigm Group Incorporated, through its subsidiaries, designs, produces, and supplies engineered aerospace components for commercial and military aircraft customers in the United States. The company has a P/E ratio of 27.6, 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, increase in net income, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full TransDigm Group Ratings Report.

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