TransDigm Group Inc (TDG): Today's Featured Aerospace/Defense Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

TransDigm Group ( TDG) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.9%. By the end of trading, TransDigm Group rose $1.75 (1.1%) to $162.78 on light volume. Throughout the day, 259,569 shares of TransDigm Group exchanged hands as compared to its average daily volume of 413,700 shares. The stock ranged in a price between $160.14-$162.82 after having opened the day at $161.04 as compared to the previous trading day's close of $161.03. Other companies within the Aerospace/Defense industry that increased today were: Taser International ( TASR), up 12.7%, Astronics Corporation ( ATRO), up 10.8%, Astrotech Corporation ( ASTC), up 6.8% and Frontline ( FRO), up 5.7%.

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 operates through three reporting segments: Power & Control, Airframe, and Non-aviation. TransDigm Group has a market cap of $8.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 67.0, above the S&P 500 P/E ratio of 17.7. Shares are up 0.0% year to date as of the close of trading on Tuesday. 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 hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income and feeble growth in the company's earnings per share.

On the negative front, Acorn Energy ( ACFN), down 4.6% and Moog ( MOG.B), down 2.4%.

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 ( ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 ( DOG).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Five S&P 500 Boards Have No Women as Gender Balance Growth Stalls

Transdigm Shares Tumble on Report That Mass. Senator Elizabeth Warren Asks DOD to Probe Firm

TransDigm Results May Mitigate Shortselling Concerns

As Trump and Trudeau Tout Women's Council, Here's Who Is and Isn't Doing a Good Job at Diversity

TransDigm Shares Rally on Results, But Shortseller Left Stays Bearish