Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is mad ...

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum, serving as complementary indicators to the Zacks Rank, helping investors identify securities likely to outperform the market in the short term [2][3] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Style Score assesses a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow to find stocks with sustainable growth potential [4] Momentum Score - The Momentum Style Score identifies optimal times to invest based on price trends and earnings outlook changes, utilizing metrics like one-week price change and monthly earnings estimate percentage change [4] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator that evaluates stocks based on value, growth, and momentum characteristics [5] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6][7] Stock Selection Strategy - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while stocks with a 3 rank should also have high Style Scores to ensure potential upside [8][9] Company Spotlight: TransDigm Group - TransDigm Group is a leading global designer and supplier of aerospace components, currently holding a 3 (Hold) Zacks Rank with a VGM Score of B [10] - The company is positioned as a growth investment, with a Growth Style Score of B and a projected year-over-year earnings growth of 29.3% for the current fiscal year, supported by upward revisions in earnings estimates [11]

CLEVELAND, Sept. 20, 2024 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm Group") (NYSE: TDG) today announced that its Board of Directors has authorized and declared a special cash dividend of $75.00 on each outstanding share of common stock and cash dividend equivalent payments on eligible vested options granted under its stock option plans. The record date for the special dividend is October 4, 2024, and the payment date for the dividend is October 18, 2024. TransDigm Group also announced today t ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style S ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...

TransDigm Group Inc. (TDG) is a producer, supplier and designer of highly engineered aerospace components, systems and subsystems for use in commercial and military aircraft. Its rising earnings estimates, improving budget for defense and strong liquidity offer a great investment opportunity in the Zacks Aerospace sector. Let's focus on the reasons that make this Zacks Rank #2 (Buy) stock an investment opportunity at the moment. Growth Projections & Surprise History The Zacks Consensus Estimate for TDG's fi ...

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with TransDigm Group (TDG) being highlighted as a strong candidate due to its favorable growth metrics and Zacks Rank [2][10]. Group 1: Earnings Growth - TransDigm has a historical EPS growth rate of 14.7%, but projected EPS growth for the current year is significantly higher at 27.8%, surpassing the industry average of 15.4% [5]. Group 2: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 47.7%, which is substantially above the industry average of 6.3% [6]. - Over the past 3-5 years, TransDigm's annualized cash flow growth rate has been 8.3%, compared to the industry average of 5.4% [7]. Group 3: Earnings Estimate Revisions - The current-year earnings estimates for TransDigm have been revised upward, with the Zacks Consensus Estimate increasing by 0.2% over the past month, indicating positive momentum [9]. Group 4: Overall Positioning - TransDigm has achieved a Growth Score of B and holds a Zacks Rank of 2, positioning it favorably for potential outperformance in the growth stock category [9][10].

Core Insights - TransDigm Group reported a revenue of $2.05 billion for the quarter ended June 2024, reflecting a year-over-year increase of 17.3% and surpassing the Zacks Consensus Estimate by 2.59% [1] - The earnings per share (EPS) for the quarter was $9.00, up from $7.25 in the same quarter last year, exceeding the consensus EPS estimate by 6.51% [1] Revenue Performance - Net sales to external customers in the Non-aviation segment were $49 million, slightly below the average estimate of $50.52 million, marking a year-over-year increase of 2.1% [3] - Airframe segment net sales reached $974 million, exceeding the estimated $934.67 million, with a year-over-year growth of 16.7% [4] - Power & Control segment net sales were $1.02 billion, surpassing the estimated $991.78 million, reflecting an 18.8% increase year-over-year [5] - Airframe-Commercial and non-aerospace OEM net sales were $323 million, above the average estimate of $300.65 million, showing a 27.2% year-over-year increase [6] - Airframe-Defense segment net sales were $303 million, exceeding the average estimate of $291.45 million, with a 10.6% year-over-year change [7] - Power & Control-Defense net sales were $477 million, surpassing the estimated $457.21 million, representing a 16.3% year-over-year increase [8] - Power & Control-Commercial and non-aerospace aftermarket net sales were $317 million, slightly below the average estimate of $327.11 million, with a 16.5% year-over-year change [9] - Power & Control-Commercial and non-aerospace OEM net sales were $229 million, exceeding the average estimate of $212.36 million, reflecting a 27.9% year-over-year increase [10] - Airframe-Commercial and non-aerospace aftermarket net sales were $348 million, above the average estimate of $337.41 million, with a 13.4% year-over-year change [11] EBITDA Performance - EBITDA for the Power & Control segment was $587 million, exceeding the average estimate of $552.25 million [12] - Unallocated corporate expenses resulted in an EBITDA of -$21 million, closely aligning with the estimated -$21.13 million [13] - Non-aviation EBITDA was reported at $22 million, surpassing the average estimate of $20.31 million [14] Stock Performance - TransDigm shares have returned -2.6% over the past month, compared to a -5.9% change in the Zacks S&P 500 composite [14] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [14]

TransDigm Group Incorporated (TDG) reported third-quarter fiscal 2024 adjusted earnings of $9 per share, which beat the Zacks Consensus Estimate of $8.45 by 6.5%. The bottom line also improved 24.1% from the prior-year quarter's reported figure of $7.25. Barring one-time items, the company recorded GAAP earnings of $7.96 per share compared with $6.14 in the year-ago quarter. The year-over-year improvement in bottom line can be attributed to improved sales, gross profit and operating income compared with the ...

TransDigm Group (TDG) came out with quarterly earnings of $9 per share, beating the Zacks Consensus Estimate of $8.45 per share. This compares to earnings of $7.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.51%. A quarter ago, it was expected that this aircraft components maker would post earnings of $7.37 per share when it actually produced earnings of $7.99, delivering a surprise of 8.41%. Over the last four quarters ...