Jefferies Remains a Buy on Transdigm Group (TDG)

Jefferies analyst Sheila Kahyaoglu maintained a Buy rating on Transdigm Group today and set a price target of $1,565.00.

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Kahyaoglu covers the Industrials sector, focusing on stocks such as Boeing, Delta Air Lines, and General Dynamics. According to TipRanks, Kahyaoglu has an average return of 15.0% and a 64.80% success rate on recommended stocks.

In addition to Jefferies, Transdigm Group also received a Buy from Stifel Nicolaus’s Jonathan Siegmann CFA in a report issued on February 6. However, on February 5, J.P. Morgan maintained a Hold rating on Transdigm Group (NYSE: TDG).

Based on Transdigm Group’s latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $2.29 billion and a net profit of $386 million. In comparison, last year the company earned a revenue of $2.01 billion and had a net profit of $493 million

Based on the recent corporate insider activity of 131 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TDG in relation to earlier this year. Earlier this month, Kevin Stein, a Director at TDG sold 36,925.00 shares for a total of $52,646,946.50.