|Bid||435.84 x 1800|
|Ask||0.00 x 800|
|Day's range||430.09 - 451.19|
|52-week range||200.06 - 673.51|
|Beta (5Y monthly)||1.50|
|PE ratio (TTM)||29.36|
|Earnings date||04 Aug 2020 - 10 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||27 Dec 2019|
|1y target est||400.54|
A brief early June rally in airline stocks, suggesting that the worst of the COVID-19 pandemic might be behind us, faded quickly Thursday. It was a rough day for broader markets, and as airline stocks fell, they brought a lot of their key suppliers down with them. Shares of Triumph Group (NYSE: TGI) fell 19% on Thursday, with shares of Embraer Brazilian Aviation (NYSE: ERJ) down 13%, Textron (NYSE: TXT) off 10%, and TransDigm Group (NYSE: TDG) down 8.7%.
The Zacks Analyst Blog Highlights: Raytheon Technologies, Triumph Group, Transdigm Group and The Boeing Company
As more passengers start to travel, demand for repair and overhaul services are projected to increase, leading to growth opportunities for Aerospace stocks that serve the commercial aftermarket
In its effort to negotiate its 737 Max order book and avoid cancellations, Boeing (NYSE: BA) has scored a pair of wins in recent days. Shares of Boeing were up 12% as of 2:30 p.m. EDT, while shares of Spirit AeroSystems (NYSE: SPR) climbed 18%, Allegheny Technologies (NYSE: ATI) and Triumph Group (NYSE: TGI) were each up 11%, and shares of TransDigm Group (NYSE: TDG) gained 10%.
The collapse of air travel has dragged down the commercial aerospace industry, but some companies in the sector are better positioned ahead of its eventual recovery.
Over the past five trading sessions, the defense biggies put up a mixed show.While General Dynamics gained the most, with its share price rising 5.9%, L3Harris lost the most.
Ladies and gentlemen, thank you for standing by, and welcome to the TransDigm Second Quarter Earnings Conference Call. Thank you, and welcome to TransDigm's Fiscal 2020 Earnings Conference Call. Presenting this morning are TransDigm's Executive Chairman, Nick Howley, President and Chief Executive Officer, Kevin Stein; and Chief Financial Officer, Mike Lisman.
TransDigm's (TDG) net income from continuing operations for the fiscal second quarter increases 61.5% to $323 million compared with $200 million in the year-ago quarter.
TransDigm (TDG) delivered earnings and revenue surprises of 33.16% and 1.00%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Triumph Group's (TGI) fiscal Q3 sales of $704.7 million outpace the Zacks Consensus Estimate by 4.4% but decline 12.8% on a year-over-year basis.
CAE Inc.'s (CAE) fiscal Q3 results are expected to reflect strong numbers driven by steady pilot training agreements along with positive synergies post acquisition of SIMCOM Holdings' stakes.
TransDigm (TDG) delivered earnings and revenue surprises of 8.11% and 0.95%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
TransDigm Group (TDG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Air Industries' (AIRI) revenues are likely to have witnessed a boost in the fourth quarter on increased demand for structural parts and components.
L3Harris (LHX) is expected to have achieved after-tax cost synergies of $50 million by the end of 2019, which, in turn, may have boosted its Q4 bottom line.
TransDigm (TDG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.