Wall Street is positive on TransDigm Group Incorporated (TDG). On average, analysts give the stock a Buy rating. The average price target is $435.111, which means analysts expect the stock to increase by 43.05% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 23, which is better than 23% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With TransDigm Group Incorporated Stock Today?
TransDigm Group Incorporated (TDG) stock is higher by 6.19% while the S&P 500 is unchanged 0% as of 10:57 AM on Wednesday, Apr 8. TDG is up $17.73 from the previous closing price of $286.43 on volume of 157,896 shares. Over the past year the S&P 500 is lower by -7.60% while TDG is down -33.06%. TDG earned $12.86 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.73.