UBS Maintains a 'Buy' on TransDigm (TDG); See Big Guidance Issued Soon
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Price: $1,256.90 +0.85%
Rating Summary:
18 Buy, 16 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
18 Buy, 16 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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UBS maintains a 'Buy' on TransDigm (NYSE: TDG) price targett from $130.00 $135.00.
Analyst, David E. Strauss, said, "We expect TDG to raise its adjusted EPS guidance meaningfully when it reports next month and we have increased our EPS estimates on a combination of further McKechnie upside, AmSafe accretion and continued aftermarket strength."
"Strauss also siaid, 'Our FY12-13 EPS estimates each move $0.15 higher while our out years move $0.20-0.030 higher. Relative to the top end of TDG’s current adjusted EPS guidance at $6.00 we see AmSafe accretion adding $0.15 and upside to its 10% commercial aftermarket forecast contributing an additional $0.10-0.15." (FY12 EPS estimate from $6.10 to $6.25 and FY13 from $7.25 to $7.40)
For an analyst ratings summary and ratings history on TransDigm click here. For more ratings news on TransDigm click here.
Shares of TransDigm closed at $119.07 yesterday.
Analyst, David E. Strauss, said, "We expect TDG to raise its adjusted EPS guidance meaningfully when it reports next month and we have increased our EPS estimates on a combination of further McKechnie upside, AmSafe accretion and continued aftermarket strength."
"Strauss also siaid, 'Our FY12-13 EPS estimates each move $0.15 higher while our out years move $0.20-0.030 higher. Relative to the top end of TDG’s current adjusted EPS guidance at $6.00 we see AmSafe accretion adding $0.15 and upside to its 10% commercial aftermarket forecast contributing an additional $0.10-0.15." (FY12 EPS estimate from $6.10 to $6.25 and FY13 from $7.25 to $7.40)
For an analyst ratings summary and ratings history on TransDigm click here. For more ratings news on TransDigm click here.
Shares of TransDigm closed at $119.07 yesterday.
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