Gain detailed insights into the trading activity of Congress members for TransDigm Gr on our government trades page. Stay updated on how elected officials are investing in TDG.

TransDigm Gr - Government Trades

TransDigm Gr

TransDigm manufactures and services a diverse set of specialized components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary aerospace products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.

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TransDigm Group is set to acquire Raptor Scientific for $655 million in cash. Raptor Scientific, owned by L Squared Capital Partners, specializes in complex test and measurement solutions for aerospace and defense, generating nearly all revenue from proprietary products. 

Aerospace Giant TransDigm Expands Empire, Acquires Raptor Scientific For $655M

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TransDigm Group Inc

TAIHEI DENGYO KAISHA LTD by Taihei Dengyo Kaisha Ltd.

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This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Industrials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RKLB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$3.00</td>
<td>$42.0K</td>
<td>19.9K</td>
<td>5.8K</td>
</tr>
<tr>
<td>UBER</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$65.00</td>
<td>$63.7K</td>
<td>2.2K</td>
<td>1.9K</td>
</tr>
<tr>
<td>FDX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/12/24</td>
<td>$300.00</td>
<td>$37.9K</td>
<td>77</td>
<td>836</td>
</tr>
<tr>
<td>ERJ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$25.00</td>
<td>$30.8K</td>
<td>2.2K</td>
<td>304</td>
</tr>
<tr>
<td>GEV</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$165.00</td>
<td>$25.0K</td>
<td>823</td>
<td>174</td>
</tr>
<tr>
<td>PWR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$280.00</td>
<td>$36.0K</td>
<td>306</td>
<td>112</td>
</tr>
<tr>
<td>CAR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/16/24</td>
<td>$95.00</td>
<td>$41.4K</td>
<td>1.0K</td>
<td>100</td>
</tr>
<tr>
<td>ZIM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$12.00</td>
<td>$101.5K</td>
<td>1.0K</td>
<td>100</td>
</tr>
<tr>
<td>FTAI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$95.00</td>
<td>$220.2K</td>
<td>4.6K</td>
<td>22</td>
</tr>
<tr>
<td>TDG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$1300.00</td>
<td>$40.8K</td>
<td>0</td>
<td>16</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding RKLB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), we observe a put option sweep with bearish sentiment. It expires in 567 day(s) on January 16, 2026. Parties traded 700 contract(s) at a $3.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $42.0K, with a price of $60.0 per contract. There were 19994 open contracts at this strike prior to today, and today 5843 contract(s) were bought and sold. 
• Regarding UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we observe a call option sweep with bearish sentiment. It expires in 175 day(s) on December 20, 2024. Parties traded 49 contract(s) at a $65.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $63.7K, with a price of $1300.0 per contract. There were 2266 open contracts at this strike prior to today, and today 1910 contract(s) were bought and sold. 
• For FDX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>), we notice a put option sweep that happens to be bullish, expiring in 14 day(s) on July 12, 2024. This event was a transfer of 79 contract(s) at a $300.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $37.9K, with a price of $480.0 per contract. There were 77 open contracts at this strike prior to today, and today 836 contract(s) were bought and sold. 
• Regarding ERJ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ERJ#NYSE">ERJ</a>), we observe a call option sweep with bullish sentiment. It expires in 21 day(s) on July 19, 2024. Parties traded 220 contract(s) at a $25.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $140.0 per contract. There were 2243 open contracts at this strike prior to today, and today 304 contract(s) were bought and sold. 
• For GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we notice a put option sweep that happens to be bullish, expiring in 21 day(s) on July 19, 2024. This event was a transfer of 50 contract(s) at a $165.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $500.0 per contract. There were 823 open contracts at this strike prior to today, and today 174 contract(s) were bought and sold. 
• For PWR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWR#NYSE">PWR</a>), we notice a call option trade that happens to be bullish, expiring in 49 day(s) on August 16, 2024. This event was a transfer of 80 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $450.0 per contract. There were 306 open contracts at this strike prior to today, and today 112 contract(s) were bought and sold. 
• Regarding CAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>), we observe a put option sweep with neutral sentiment. It expires in 49 day(s) on August 16, 2024. Parties traded 75 contract(s) at a $95.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $41.4K, with a price of $552.0 per contract. There were 1058 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• Regarding ZIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>), we observe a call option trade with bearish sentiment. It expires in 28 day(s) on July 26, 2024. Parties traded 100 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $101.5K, with a price of $1015.0 per contract. There were 1050 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• Regarding FTAI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>), we observe a call option sweep with bullish sentiment. It expires in 21 day(s) on July 19, 2024. Parties traded 242 contract(s) at a $95.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $220.2K, with a price of $910.0 per contract. There were 4606 open contracts at this strike prior to today, and today 22 contract(s) were bought and sold. 
• For TDG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>), we notice a call option trade that happens to be bearish, expiring in 539 day(s) on December 19, 2025. This event was a transfer of 2 contract(s) at a $1300.00 strike. The total cost received by the writing party (or parties) was $40.8K, with a price of $20400.0 per contract. There were 0 open contracts at this strike prior to today, and today 16 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

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RBC Capital analyst Ken Herbert reiterates TransDigm Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) with a Outperform and maintains $1500 price target.

Reiteration

RBC Capital Reiterates Outperform on TransDigm Gr, Maintains $1500 Price Target

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Deutsche Bank analyst Scott Deuschle maintains TransDigm Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) with a Buy and raises the price target from $1435 to $1524.

Deutsche Bank Maintains Buy on TransDigm Gr, Raises Price Target to $1524

TransDigm Gr's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) short percent of float has fallen 17.74% since its last report. The company recently reported that it has 860 thousand shares sold short, which is 2.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.18 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>TransDigm Gr Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718650817_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for TransDigm Gr has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing TransDigm Gr's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, TransDigm Gr's peer group average for short interest as a percentage of float is 2.40%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About TransDigm Gr?

Stifel analyst Bert Subin maintains TransDigm Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) with a Hold and raises the price target from $1300 to $1325.

Stifel Maintains Hold on TransDigm Gr, Raises Price Target to $1325

Cerberus Capital Management Acquires Calspan's Hypersonic And Defense Test Systems Business Units From TransDigm Group, Establishes North Wind To Advance U.S. Hypersonic Test Capability

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
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<li>JP Morgan boosted the price target for CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) from $371 to $400. JP Morgan analyst Brian Essex maintained an Overweight rating. CrowdStrike shares fell 1.3% to close at $346.82 on Tuesday. <a href="https://www.benzinga.com/quote/CRWD/analyst-ratings">See how other analysts view this stock.</a></li>
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<li>BTIG raised Globus Medical, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMED#NYSE">GMED</a>) price target from $63 to $72. BTIG analyst Ryan Zimmerman maintained a Buy rating. Globus Medical shares fell 0.5% to close at $65.49 on Tuesday. See how other analysts view this stock.</li>
<li>B of A Securities increased the price target for TransDigm Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) from $1,310 to $1,460. B of A Securities analyst Ronald Epstein maintained a Buy rating. TransDigm Group shares fell 2.4% to close at $1,317.94 on Tuesday. <a href="https://www.benzinga.com/quote/TDG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity cut Ulta Beauty, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) price target from $575 to $522. Canaccord Genuity analyst Susan Anderson maintained a Buy rating. Ulta Beauty shares fell 0.2% to close at $381.13 on Tuesday. <a href="https://www.benzinga.com/quote/ULTA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut Box, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) price target from $32 to $30. Morgan Stanley analyst Josh Baer maintained an Equal-Weight rating. Box shares fell 0.9% to close at $25.04 on Tuesday. <a href="https://www.benzinga.com/quote/BOX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities raised the price target for Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) from $130 to $180. B of A Securities analyst Wamsi Mohan maintained a Buy rating. Dell shares rose 3.7% to close at $166.08 on Tuesday. <a href="https://www.benzinga.com/quote/DELL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Jefferies slashed American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>) price target from $17 to $12. Jefferies analyst Sheila Kahyaoglu downgraded the stock from Buy to Hold. American Airlines shares fell 2.9% to close at $13.44 on Tuesday. <a href="https://www.benzinga.com/quote/AAL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wedbush raised CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) price target from $74 to $90. Wedbush analyst Nick Setyan maintained an Outperform rating. CAVA Group shares fell 0.6% to close at $82.40 on Tuesday. <a href="https://www.benzinga.com/quote/CAVA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird boosted Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) price target from $251 to $255. Baird analyst Joe Vruwink maintained an Outperform rating. Veeva Systems shares fell 0.4% to close at $203.09 on Tuesday. <a href="https://www.benzinga.com/quote/VEEV/analyst-ratings">See how other analysts view this stock</a>.</li>
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B of A Securities analyst Ronald Epstein maintains TransDigm Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) with a Buy and raises the price target from $1310 to $1460.

B of A Securities Maintains Buy on TransDigm Gr, Raises Price Target to $1460

WIIM

Transdigm Group shares are trading lower after the company announced it entered into a definitive agreement to acquire Raptor Scientific.

TransDigm Group Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) has entered a definitive agreement to acquire&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/n39035648/transdigm-announces-acquisition-of-raptor-scientific" rel="noreferrer noopener">Raptor Labs Holdco, LLC,&nbsp;a company&nbsp;owned by L Squared Capital Partners.&nbsp;</a>
The acquisition, valued at approximately $655 million in cash, includes certain tax benefits.
Raptor Scientific is a global manufacturer of complex test and measurement solutions primarily serving the aerospace and defense end markets.&nbsp;Nearly all of its&nbsp;revenue comes from proprietary products, with significant aftermarket content.
Raptor Scientific, expected to generate $90 million in revenue by the end of 2024, employs around 170 people&nbsp;across&nbsp;various U.S. locations.
Kevin Stein,&nbsp;President and CEO of TransDigm, said, &#8220;The Company&#8217;s comprehensive proprietary and highly engineered product portfolio of aerospace and defense testing and instrumentation solutions fits well with our value generation strategy.&#8221;
The deal is pending regulatory approvals in the U.S. and other customary closing conditions. TransDigm plans to finance the acquisition using existing cash reserves.&nbsp;The&nbsp;company held $4.8 billion in&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/n38664913/transdigm-group-reports-fiscal-2024-second-quarter-results" rel="noreferrer noopener">cash and equivalents&nbsp;as of March 30, 2024</a>.
TransDigm Group&nbsp;is a producer and supplier of&nbsp;engineered aerospace components, systems, and subsystems.
Price Action: TDG shares are trading lower by 0.86% at $1,338.74 at&nbsp;the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

TransDigm Group Enters Definitive Agreement To Acquire Raptor Scientific For $655 Million In Cash

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
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<li>Mizuho boosted the price target for Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) from $21 to $24. Mizuho analyst Ben Chaiken upgraded the stock from Neutral to Buy. Norwegian Cruise Line shares rose 2.8% to close at $16.00 on Friday. <a href="https://www.benzinga.com/quote/NCLH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc raised the price target for TransDigm Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) from $1,325 to $1,440. Keybanc analyst Philip Gibbs maintained an Overweight rating. TransDigm Group shares gained 1.5% to close at $1,350.31 on Friday. <a href="https://www.benzinga.com/quote/TDG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Evercore ISI Group raised Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) price target from $650 to $700. Evercore ISI Group analyst Mark Mahaney maintained an Outperform rating. Netflix shares gained 1.7% to close at $646.75 on Friday. <a href="https://www.benzinga.com/quote/NFLX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Truist Securities increased the price target for Deckers Outdoor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>) from $1,011 to $1,200. Truist Securities analyst Joseph Civello upgraded the stock from Hold to Buy. Deckers Outdoor shares gained 14.2% to close at $1,032.90 on Friday. <a href="https://www.benzinga.com/quote/DECK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley raised CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) price target from $372 to $422. Morgan Stanley analyst Hamza Fodderwala maintained an Overweight rating. CrowdStrike shares rose 2.7% to close at $351.47 on Friday. <a href="https://www.benzinga.com/quote/CRWD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities cut NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) price target from $6.5 to $5.9. B of A Securities analyst Ming Hsun Lee maintained a Neutral rating. NIO shares rose 0.6% to close at $4.83 on Friday. <a href="https://www.benzinga.com/quote/NIO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup raised the price target for DuPont de Nemours, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DD#NYSE">DD</a>) from $85 to $95. Citigroup analyst Patrick Cunningham upgraded the stock from Neutral to Buy. DuPont shares rose 2.8% to close at $81.12 on Friday. <a href="https://www.benzinga.com/quote/DD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo slashed Zscaler, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) price target from $275 to $182. Wells Fargo analyst Andrew Nowinski downgraded the stock from Overweight to Equal-Weight. Zscaler shares fell 0.2% to close at $171.64 on Friday. <a href="https://www.benzinga.com/quote/ZS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS cut Globant S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NYSE">GLOB</a>) price target from $240 to $230. UBS analyst Leonardo Olmos upgraded the stock from Neutral to Buy. Globant shares fell 3% to close at $166.49 on Friday. See how other analysts view this stock.</li>
<li>Baird boosted Zuora, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZUO#NYSE">ZUO</a>) price target from $8 to $10. Baird analyst Rob Oliver maintained a Neutral rating. Zuora shares fell 2.3% to close at $9.97 on Friday. <a href="https://www.benzinga.com/quote/ZUO/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/05/39032629/gamestop-box-and-3-stocks-to-watch-heading-into-tuesday">GameStop, Box And 3 Stocks To Watch Heading Into Tuesday</a>

TransDigm Acquires Raptor Scientific For $655M

Keybanc analyst Philip Gibbs maintains TransDigm Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) with a Overweight and raises the price target from $1325 to $1440.

Keybanc Maintains Overweight on TransDigm Gr, Raises Price Target to $1440

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and warrant attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance to&nbsp;uncover new information.
This index layers editorial commentary to help make sense of why these stocks should be of interest and whether investors or casual readers should watch them.
Related Link:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37715065/the-mag-7-bench-josh-brown-picks-the-next-magnificent-7-stocks" target="_blank" rel="noreferrer noopener">&nbsp;The ‘Mag 7 Bench&#8217; – Josh Brown Picks The Next Magnificent 7 Stocks</a>
<h3 class="wp-block-heading">Here is a look at the Benzinga Stock Whisper Index for the week of&nbsp;May 24:</h3>
Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>): The semiconductor company was one of several stocks in the sector that traded higher on the heels of strong first-quarter results from Nvidia Corporation. 
The <a href="https://www.benzinga.com/news/24/05/38946482/why-lam-research-shares-are-moving-higher-tuesday">company also announced</a> a $10 billion share buyback and authorized a 10-for-1 stock split.
Lam Research CEO Doug Bettinger said the company plans to return 75% to 100% of free cash flow to shareholders via dividends and share buybacks. Lam shares are up 70% over the last year.
Marathon Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>): The oil stock traded higher by around 1% during the week, which came after shares declined last week on <a href="https://www.benzinga.com/markets/equities/24/05/38814691/marathon-petroleum-reorganizes-leadership-elevates-cfo-to-ceo">an announcement that</a> Maryann T. Mannen would become the new CEO of the company. 
Shares have also moved lower after reporting quarterly earnings at the end of April. Shares of the oil company are up 61% over the last year.
TransDigm Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>): The aircraft components company saw increased interest from Benzinga readers during the week. This could be because the company announced it finalized its acquisition of engineered products company SEI Industries. 
In early May, TransDigm announced second-quarter revenue of $1.9 billion, up 21% year-over-year. The company also raised guidance for full fiscal year sales and earnings per share. TransDigm shares are up 78% over the last year. 
The company was previously highlighted in the Stock Whisper Index<a href="https://www.benzinga.com/top-stories/24/04/38338343/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet"> in April.</a>
Related Link: <a href="https://www.benzinga.com/news/earnings/24/05/38700102/transdigm-group-analysts-boost-their-forecasts-after-upbeat-results">TransDigm Group Analysts Boost Their Forecasts After Upbeat Results</a>
Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>): The retailer is seeing increased interest from investors ahead of its upcoming third-quarter financial results, which are due after market close on May 30. 
Data from Placer.ai showed strong <a href="https://www.benzinga.com/news/earnings/24/05/38859510/walmart-lowes-target-costco-foot-traffic-data-gives-hints-about-retail-performance-ahead-of-earning">gains in foot traffic</a> for Costco in the months of February, March and April. Stifel analyst Mark Astrachan recently highlighted Walmart and Costco as retailers <a href="https://www.benzinga.com/trading-ideas/previews/24/05/38847779/walmart-q1-earnings-preview-analyst-estimates-everyday-low-price-model-resonates-with-hous">benefiting from a shift </a>in lower-income households choosing these stores over others. Recent earnings from Target could suggest the retailer is losing market share to competitors. 
Costco shares are up 72% over the last year and hit new 52-week highs on Friday. &nbsp;
Palantir Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>): The software company saw increased interest over the week, which could be related to the stock being a popular pick for S&amp;P 500 inclusion by investors. 
<a href="https://www.benzinga.com/general/social-media/24/05/38896863/playing-the-rumor-not-the-news-reddit-users-speculate-on-potential-s-p-500-inclusions">Benzinga recently highlighted</a> Palantir as a favorite bet from investors on Reddit for inclusion in the key stock market index when changes are announced in June. 
Several 13F filings revealed that Palantir were added <a href="https://www.benzinga.com/markets/equities/24/05/38893110/druckenmiller-back-in-palantir-game-duquesne-rebuys-into-ai-play-after-year-long-gap-slashing-nv">by large investors </a>in the first quarter, including the Duquesne Family Office, run by former hedge-fund manager Stanley Druckenmiller. 
Palantir stock is up 66% over the last year.
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and<a href="https://pro.benzinga.com/feature/newsfeed/?gspk=bHVrZWphY29iaTUzNDg&amp;gsxid=tdEE0VrK8Jeg&amp;ref=lukejacobi5348" target="_blank" rel="noreferrer noopener">&nbsp;top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/general/health-care/24/05/38616268/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">May 3</a></li>
</ul>
<ul>
<li><a href="http://may%2010/" target="_blank" rel="noreferrer noopener">May 10</a></li>
<li><a href="https://www.benzinga.com/24/05/38900534/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">May 17</a></li>
</ul>

Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38989970/semiconductor-surge-jpmorgan-bets-amd-micron-arm-will-drive-industry-optimism-and-a">Semiconductor Surge: JPMorgan Bets AMD, Micron, Arm Will Drive Industry Optimism And AI Demand</a>

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

Steadily improving air traffic across the globe has been boosting the growth prospects of the&nbsp; Zacks Aerospace-Defense Equipment industry stocks. However, persistent supply-chain issues may negatively impact the operating results of the industry players. Nevertheless, valuable mergers and acquisitions are projected to improve economies of scale for the concerned stocks. Solid growth projections for the airline industry should bolster aerospace-defense equipment stocks&#39; growth. Some key players from this industry that appear well-poised are TransDigm Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tdg#NYSE">TDG</a>), Heico Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hei#NYSE">HEI</a>), Moog Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mog-a#NYSE">MOG-A</a>) and AAR Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/air#NYSE">AIR</a>).
About the Industry
The Zacks Aerospace-Defense Equipment industry comprises firms that manufacture various vital components for the aerospace-defense space, ranging from aerostructures, space shuttles, propulsion systems, aircraft engines, defense electronics, missile and radar systems to flight test equipment, structural adhesives, instrumentation and control systems, communication products and many more. Some of these companies also offer integrated simulation and training services to the U.S. defense force. While the majority of the revenues are generated from the production of the aforementioned accompaniments, the industry players also generate revenues by providing notable aftermarket support and services like maintenance, repair and overhaul activities to aerospace and defense players.
3 Trends Shaping the Future of the Aerospace-Defense Equipment Industry
New M&amp;As Instill Hopes: Rising competition has historically prompted industry majors to expand their product lines through valuable mergers and acquisitions (M&amp;As). In April 2024, Curtiss-Wright Corporation completed the acquisition of WSC, Inc. for $34 million. The buyout is expected to expand Curtiss-Wright&#39;s portfolio of advanced commercial nuclear technologies utilized in the modernization of existing power plants and the design of new power plants, such as Advanced Small Modular Reactors. In February 2024, BAE Systems completed its acquisition of Ball Aerospace for $5.55 billion. This transaction must have offered BAE Systems a robust platform for accelerating its space strategy, apart from enhancing its product portfolio with other critical defense components. Such consolidations should improve economies of scale for the industry as a whole, with the players having access to diversified business models, which in turn should bolster their revenue growth. 
Impressive Air Traffic View Boosts Prospects: World air travel data has been on a steady growth trajectory for the past few months, driven by pent-up passenger demand. Per a report published by the International Air Transport Association (IATA) in December 2023, air passenger revenues are expected to witness a solid 12% year-over-year improvement in 2024, whereas revenue passenger kilometers (RPKs) growth is estimated to be 9.8% during the same period. Consequently, airline industry revenues are expected to reach a historic high of $964 billion in 2024. Such projections bode well for aerospace-defense equipment industry stocks, especially those engaged in commercial aviation. 
Supply-Chain Disruption Poses Risk: The COVID-19-pandemic-driven supply-chain issues continue to impact global trades and businesses. Airlines have been directly affected by unforeseen maintenance issues on some aircraft/engine types, as well as delays in the delivery of aircraft parts and aircraft, thereby limiting capacity expansion and fleet renewal. According to some industry experts, although headwinds like the shortage of aircraft parts and delivery delays are easing of late, it might take up to two years for the entire challenge to settle down. Therefore, the supply-chain bottleneck is here to stay, which, in turn, might cause Original Equipment Manufacturers (OEMs) to scale down their production volume. This might result in lower earnings and cash flows for the aerospace and defense equipment industry in the near term.
Zacks Industry Rank Reflects Bleak Outlook
The Zacks Aerospace-Defense Equipment industry is housed within the broader Zacks Aerospace sector. It currently carries a Zacks Industry Rank #140, which places it in the bottom 44% of more than 250 Zacks industries. 
The group&#39;s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates gloomy near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1. 
The industry&#39;s position in the bottom 50% of the Zacks-ranked industries is due to a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts have lost confidence in this group&#39;s earnings growth potential over the past few months. The industry&#39;s bottom-line estimate for the current fiscal year has moved down 15% to $2.95 since Jan 31.
Before we present a few aerospace-defense equipment stocks that you may want to add to your portfolio, let&#39;s take a look at the industry&#39;s recent stock market performance and valuation picture.
Industry Beats S&amp;P 500 &amp; Sector
The Aerospace-Defense Equipment industry has outperformed both the Zacks S&amp;P 500 composite and its sector over the past year. The stocks in this industry have collectively risen 27.8% in a year, while the Aerospace sector has declined 0.4%. The Zacks S&amp;P 500 composite has surged 26.6% in the same time frame.
One-Year Price Performance
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/one yr price(7).jpg" style="height:336px; width:625px" /> 
Industry&#39;s Current Valuation
On the basis of trailing 12-month EV/Sales, which is used for valuing capital-intensive stocks like aerospace-defense equipment, the industry is currently trading at 6.35X compared with the S&amp;P 500&#39;s 3.83X and the sector&#39;s 2.32X.
Over the past five years, the industry has traded as high as 6.40X, as low as 5.22X and at the median of 5.81X, as the charts show below.
EV-Sales Ratio TTM 
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/ev-sales ind vs s&amp;p(5).jpg" style="height:330px; width:625px" /> 
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/ev-sales ind vs sec(6).jpg" style="height:325px; width:625px" />
4 Aerospace-Defense Equipment Stocks to Buy
AAR Corp.: Based in Wood Dale, IL, AAR Corp. provides various products and services to the aviation and defense industries worldwide. It develops and manufactures advanced defense products for the U.S. military, intelligence agencies and allies. On Apr 11, 2024, the company announced that it had signed an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products Co., Ltd.&nbsp;Under the agreement, AIR extended its exclusive agreement to distribute the V2500 pneumatic starter and starter control valve on behalf of SPP for the life of the program. The contract also expanded AAR Corp.&#39;s exclusive distributorship with the addition of all V2500 starter/valve subcomponents.
The stock boasts a four-quarter average earnings surprise of 3.96%. The Zacks Consensus Estimate for AIR&#39;s fiscal 2024 sales implies an improvement of 16.7% over the fiscal 2023 reported sales figure. The company currently carries a Zacks Rank #2 (Buy).
Price &amp; Consensus: AIR
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/air(24).jpg" style="height:472px; width:620px" /> 
Moog: Based in Elma, NY, Moog is a designer, manufacturer, and integrator of precision motion control products and solutions. On Apr 26, 2024, the company announced its first-quarter second 2024 results. Its net sales worth $930 million improved 11% year over year. Adjusted earnings per share also improved a solid 54%. 
The Zacks Consensus Estimate for Moog&#39;s fiscal 2024 earnings indicates a 16.9% improvement from the previous year&#39;s registered number. The consensus mark for fiscal 2024 sales implies an improvement of 6.6% from the previous year&#39;s reported figure. The company currently carries a Zacks Rank #2.
Price &amp; Consensus: MOG-A
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/mog(1).jpg" style="height:465px; width:620px" /> 
TransDigm Group: Based in Cleveland, OH, TransDigm is a leading global designer, producer and supplier of highly engineered aerospace components that are used in commercial and military aircraft. On May 7, 2024, the company announced its second-quarter fiscal 2024 results. Its net sales grew 21% year over year, while earnings per share rose 31%.
The Zacks Consensus Estimate for TDG&#39;s fiscal 2024 sales implies an improvement of 18% from the previous year&#39;s reported figure. The stock boasts a long-term earnings growth rate of 17.5%. It currently holds a Zacks Rank #2.
Price &amp; Consensus: TDG
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/tdg(32).jpg" style="height:462px; width:620px" /> 
Heico Corp.: Based in Hollywood, FL, Heico is one of the world&#39;s leading manufacturers of FAA-approved jet engine and aircraft component replacement parts. On Feb 26, 2024, the company announced its first-quarter fiscal 2024 results. The company&#39;s net sales increased 44.4% year over year to $896.4 million in the reported quarter, while its bottom line improved 22.4%.
The Zacks Consensus Estimate for HEI&#39;s fiscal 2024 sales implies an improvement of 30% from the previous year&#39;s reported figure. The stock boasts a long-term earnings growth rate of 17.6%. It currently holds a Zacks Rank #2.
Price &amp; Consensus: HEI 
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/hei(22).jpg" style="height:462px; width:620px" /> 
<a href="https://www.zacks.com/commentary/2276436/4-defense-equipment-stocks-to-buy-amid-supply-chain-issues?cid=CS-BENZ-FT-industry_outlook-2276436">To read this article on Zacks.com click here.</a>

MOG-A

TransDigm Announced That It Has Completed The Acquisition Of SEI Industries LTD

Barclays analyst Peter Arment maintains TransDigm Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) with a Overweight and raises the price target from $1250 to $1500.

Barclays Maintains Overweight on TransDigm Gr, Raises Price Target to $1500

Morgan Stanley analyst Kristine Liwag maintains TransDigm Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDG#NYSE">TDG</a>) with a Overweight and raises the price target from $1275 to $1550.

Morgan Stanley Maintains Overweight on TransDigm Gr, Raises Price Target to $1550

The defense industry is set to grow with increased defense budgets globally, driven by geopolitical tensions and technological advancements like AI in warfare. Investors could consider top defense stocks like Northrop Grumman (NOC), TransDigm Group (TDG), and Lockheed Martin (LMT) to take advantage of this trend. Keep reading... The defense sector presents promising investment opportunities this year due to factors like rising defense spending, global conflicts, military modernization, and technological advances, including evolving warfare situations. Consequently, technological advancements in radar, AI, and analytics are enhancing modern warfare, driving growth in the defense systems market.
Hence, it could be wise to invest in defense stocks such as Northrop Grumman Corporation (<a href="https://stocknews.com/stock/NOC/">NOC</a>), TransDigm Group Incorporated (<a href="https://stocknews.com/stock/TDG/">TDG</a>), and Lockheed Martin Corporation (<a href="https://stocknews.com/stock/LMT/">LMT</a>), as they hold significant growth potential amid increasing global defense expenditure.
Global military spending rises due to heightened geopolitical risks, notably Russia's actions in Ukraine. The U.S. has allocated <a href="https://www.voanews.com/a/us-expected-to-announce-150m-in-new-military-aid-for-ukraine/7668956.html">$61 billion for Ukraine</a>, primarily for military aid including weapons, ammunition, and equipment, prompting major players like LMT and NOC to hire extensively, signaling sector expansion. Analysts project 4.7% CAGR growth in the air defense systems market, reaching <a href="https://www.mordorintelligence.com/industry-reports/air-defense-systems-market">$58.51 billion by 2029</a>.
Furthermore, the U.S. Defense Department's FY 2025 budget request of $849.8 billion prioritizes air defense, with <a href="https://www.defense.gov/News/News-Stories/Article/Article/3761026/dods-fy-2025-budget-focuses-on-defense-people-teamwork/">$61.2 billion</a> aimed at bolstering U.S. air superiority. This underscores the emphasis on modernizing air defense capabilities to uphold superior air power. The aerospace and defense market is forecasted to grow at a 5.9% CAGR, reaching <a href="https://www.globenewswire.com/news-release/2023/04/21/2652042/0/en/Aerospace-Defense-Global-Market-Report-2023.html">$1.08 trillion by 2027</a>.
Therefore, let's analyze the fundamentals of the three <a href="https://stocknews.com/category/air-defense/">Air/Defense Services</a> picks, beginning with the third choice.
Stock #3: Northrop Grumman Corporation (<a href="https://stocknews.com/stock/NOC/">NOC</a>) 
NOC operates as an aerospace and defense company worldwide. It operates through the Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems segments.
In terms of the trailing-12-month Return on Common Equity, NOC's 14.70% is 17.2% higher than the 12.54% industry average. Likewise, its 4.33% trailing-12-month Capex / Sales is 49.5% higher than the 2.90% industry average. Furthermore, its 0.87x trailing-12-month <a href="https://www.investopedia.com/terms/a/assetturnover.asp">asset turnover ratio</a> is 11% higher than the 0.79x industry average.
NOC's total sales for the fiscal first quarter that ended March 31, 2024, amounted to $10.13 billion, up 8.9% year-over-year. In addition, its operating income rose 13.1% from the year-ago quarter to $1.07 billion. The company's net earnings stood at $944 million and $6.32 per share, up 12.1% and 14.9% over the prior-year quarter, respectively.
For the quarter ending June 30, 2024, NOC's EPS and revenue are expected to increase 11.4% and 4.7% year-over-year to $5.95 and $10.03 billion, respectively. It surpassed the Street EPS and revenue estimates in each of the trailing four quarters. Over the past nine months, the stock has gained 1.4% to close the last trading session at $430.67.
NOC's favorable outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has a B grade for Momentum and Stability. It is ranked #28 out of 71 stocks in the <a href="https://stocknews.com/category/air-defense/">Air/Defense Services</a> industry. Beyond what we stated above, we have also rated NOC for Growth, Value, Sentiment, and Quality. Get all ratings of NOC <a href="https://stocknews.com/stock/NOC/">here</a>.
Stock #2: TransDigm Group Incorporated (<a href="https://stocknews.com/stock/TDG/">TDG</a>)
TDG designs, produces, and supplies aircraft components in the U.S. and internationally. The company operates through Power &amp; Control, Airframe, and Non-aviation segments.
On June 6, 2024, TDG completed the acquisition of the Electron Device Business of Communications &amp; Power Industries for $1.385 billion. The business, serving the aerospace and defense market, generated approximately $300 million in revenue in fiscal year 2023.
On May 28, 2024, TDG announced a definitive agreement to acquire Raptor Scientific for approximately $655 million in cash. This acquisition will strengthen TDG's portfolio with Raptor's proprietary aerospace and defense testing and measurement solutions.
TDG's trailing-12-month Return on Total Capital of 11.08% is 54.2% higher than the industry average of 7.19%. Likewise, its trailing-12-month EBIT margin and EBITDA margin of 45.48% and 49.34% are 347.7% and 258.5% higher than the industry averages of 10.16% and 13.76%, respectively.
For the fiscal second quarter that ended March 30, 2024, TDG's net sales increased 20.5% year-over-year $1.92 billion. The company's gross profit stood at $1.15 billion, up 24% from the year-ago quarter. Furthermore, its adjusted net income rose 35.5% and 33.6% over the prior-year quarter to $462 million and $7.99 per share.
Street expects TDG's EPS and revenue for the quarter ending June 30, 2024, to increase 16.7% and 14.8% year-over-year to $8.46 and $2 billion, respectively. TDG surpassed the consensus EPS and revenue estimates in each of the trailing four quarters. The stock has gained 62.5% over the past nine months to close the last trading session at $1,328.05.
TDG's bright prospects are reflected in its POWR Ratings. It has an overall rating of B, which translates to a Buy in our proprietary rating system.
It is ranked #20 in the same industry. It has a B grade for Momentum, Stability, Sentiment, and Quality. In addition to the POWR Ratings grades I've just highlighted, you can see TDG's ratings for Growth and Value, <a href="https://stocknews.com/stock/TDG/">here</a>.
Stock #1: Lockheed Martin Corporation (<a href="https://stocknews.com/stock/LMT/">LMT</a>)
LMT is a security and aerospace company that engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.
On June 20, 2024, LMT successfully integrated digital command and control (C2) capabilities with the Department of Defense's Joint Fires Network during the Valiant Shield exercise. This integration enhances warfighter workflows and decision-making, showcasing LMT's commitment to advancing CJADC2 capabilities for the Joint Force.
On June 18, 2024, LMT was chosen by NASA to develop and construct the GeoXO weather satellite constellation for NOAA, enhancing weather forecasting with new ocean and air pollution observations. This $2.27 billion project aims to improve severe weather monitoring and climate understanding through cutting-edge satellite technology.
In terms of the trailing-12-month net income margin, LMT's 9.73% is 60.1% higher than the 6.08% industry average. Likewise, its 21.83% trailing-12-month Return on Total Capital is 203.8% higher than the industry average of 7.19%. Also, the LMT's 1.27x trailing-12-month asset turnover ratio is 61.8% higher than the industry average of 0.79x.
LMT's net sales for the fiscal first quarter that ended March 31, 2024, grew 13.7% year-over-year to $17.20 billion. Also, its aeronautics net sales increased 9.2% year-over-year to $6.85 billion. The company's non-GAAP net earnings stood at $1.53 billion, while its non-GAAP EPS came in at $6.33. Moreover, its cash from operations rose 4.5% year-over-year to $1.63 billion.
Analysts expect LMT's revenue for the quarter that ended June 30, 2024, to increase 1.7% year-over-year to $16.98 billion. Its EPS for the fiscal 2025 is expected to grow 6.1% year-over-year to $27.82. It surpassed the Street EPS and revenue estimates in each of the trailing four quarters. Over the past nine months, the stock has gained 14% to close the last trading session at $471.51.
LMT's POWR Ratings reflect strong prospects. It has an overall rating of A, translating to a Strong Buy in our proprietary rating system.
It has a B grade for Value, Momentum, Stability, and Quality. It is ranked #2 in the Air/Defense Services industry. To see LMT's Growth and Sentiment rating, <a href="https://stocknews.com/stock/LMT/">click here</a>.
What To Do Next?
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LMT shares were trading at $469.02 per share on Tuesday afternoon, down $2.49 (-0.53%). Year-to-date, LMT has gained 4.94%, versus a 14.85% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/lmt-tdg-noc-ride-the-wave-of-rising-defense-spending-with-these-3/>Ride the Wave of Rising Defense Spending With These 3 Stocks</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
The Buffett Indicator signals a significantly overvalued U.S. Stock Market and has drawn much attention to overvalued stocks to watch. With <a href="https://www.gurufocus.com/stock-market-valuations.php">market cap over GDP at 192.6%</a>, analysts expect returns to be only 0.6% a year including dividends from this level of overvaluation. Below, you&rsquo;ll learn about three particular stocks that are overvalued but should be watched.



Explore the possibility of these stocks being overpriced by looking at their P/E Ratios and PEG ratios. Then, examine their intrinsic values using a discounted cash flow (DCF) methodology. Peter Lynch&rsquo;s principles state the best time to buy is when P/E is under 15 and <a href="https://www.investopedia.com/terms/p/pegratio.asp">PEG equals 1</a>. This denotes a fairly valued company. If PEG exceeds 1, it signals an overvaluation. The DCF models will calculate intrinsic values to compare against current prices.



We&rsquo;ll aim to reasonably assess the growth prospects factored into the stocks&rsquo; current valuations. With the overall <a href="https://www.gurufocus.com/economic_indicators/57/pe-ratio-ttm-for-the-sp-500">market appearing frothy</a> when looking at metrics like the elevated S&amp;P 500 P/E ratio of 28.5, these picks may be primed for a comedown.



<h2>ARM Holdings (ARM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/09/arm1600-2-300x169.png" alt="Person holding mobile phone with logo of British semiconductor company Arm Ltd. on screen in front of business webpage. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>ARM Holdings (NASDAQ:<a href="https://investorplace.com/stock-quotes/arm-stock-quote/">ARM</a>) is a leading <a href="https://www.arm.com/company">designer of chips</a> and intellectual property in the semiconductor industry. 



The company appears significantly overvalued based on its sky-high valuation ratios and large discrepancy between current price and intrinsic value. Currently, ARM trades at a P/E ratio of 568.44, one of the highest in the U.S. stock market. Its current PEG ratio is also extremely high at 6.9, far exceeding Lynch&rsquo;s fair value level.



In addition, the intrinsic value of ARM Holdings using a discounted cash flow (DCF) model is <a href="https://www.gurufocus.com/term/intrinsic-value-dcf-fcf-based/">$28.13 per share</a>. This is vastly lower than the current share price of $166.94. Therefore, this indicates ARM trades at nearly five times its intrinsic value.



Stretched valuations based on expected growth and future cash flows suggest ARM Holdings may have overshot its mark. As an intellectual property company tied heavily to the semiconductor cycle, growth is likely to moderate moving forward. Thus expectations seem poised for a reality check.



Given the extremely high P/E and PEG ratios and the enormous gap between price and intrinsic value, ARM Holdings looks like one of the overvalued stocks to watch. Investors may want to wait for a better entry point before buying into the ARM growth story. A correction seems likely to materialize before too long.



<h2>TransDigm Group (TDG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/01/tdg-stock-1-300x169.jpg" alt="A magnifying glass zooms in on the TransDigm Group, Inc. (TDG) logo on their webpage"><div>Source: Pavel Kapysh / Shutterstock.com</div></div>TransDigm Group (NYSE:<a href="https://investorplace.com/stock-quotes/tdg-stock-quote/">TDG</a>) designs and creates products for use in commercial and military <a href="https://www.transdigm.com/transdigm-overview/">aircraft platforms</a>. It&rsquo;s also likely to soon fall from its pedestal. The company trades at an extremely high P/E ratio of 52.4, over 3 times higher than Peter Lynch&rsquo;s standard. In addition, the company&rsquo;s PEG ratio stands at a sky-high 5.02.



Most concerning is the massive discrepancy between TransDigm&rsquo;s current share price and its intrinsic value. Based on a discounted cash flow valuation model, TransDigm&rsquo;s intrinsic value is estimated at only <a href="https://www.gurufocus.com/term/intrinsic-value-dcf-fcf-based/TDG">$237 per share</a>. This represents an overvaluation compared to the actual stock price of $1,288.65.



The market&rsquo;s valuation of TransDigm&rsquo;s future cash flows appears overinflated. It&rsquo;s true that the company operates in an attractive aerospace industry and produces specialized proprietary products. However, its growth prospects don&rsquo;t seem to justify such a disconnect with intrinsic value.



With warning signs evident in skyrocketing P/E and PEG ratios far above baseline values, plus an intrinsic value less than one-fifth of the current price, TransDigm shapes up as one of the more overvalued stocks that investors may want to avoid.



<h2>Teradyne (TER)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/robotics-stocks-ai-1600-300x169.jpg" alt="a robot built in the essence of a human raising its hand to its chin implying deep thought. future tech stocks. AI stocks"><div>Source: Phonlamai Photo / Shutterstock.com</div></div>Teradyne (NASDAQ:<a href="https://investorplace.com/stock-quotes/ter-stock-quote/">TER</a>), a leading supplier of automated test equipment and robotics solutions, appears significantly overvalued based on its <a href="https://investors.teradyne.com/media/document/b9fdd853-e17c-4a46-bb93-7705a41eddee/assets/2023%20Shareholder%20Letter%20FINAL.pdf?disposition=inline">current valuations</a>. The company has an exorbitant P/E ratio of 56.47, nearly four times Lynch&rsquo;s benchmark. Its PEG ratio is equally concerning at 6.85.



Additionally, Teradyne&rsquo;s intrinsic value is approximately equal to its current <a href="https://www.gurufocus.com/term/intrinsic-value-dcf-fcf-based/TER">price of $147.57 per share</a>. This indicates the stock is trading at more than twice its intrinsic value.



While Teradyne generates strong cash flows and maintains a leading market position, its growth prospects are uncertain. The company has experienced slowing demand for its chip testing equipment over the past few quarters amid customers&rsquo; more cautious capital spending. Furthermore, its revenue has declined 3% and earnings missed estimates in the most recent quarter.



Further, stretched valuations seem to price in flawless execution of growth for years to come. So, Teradyne stock appears vulnerable should the growth projections hit any major roadblock.



Given the red flags around growth and the extreme disconnect between price and intrinsic value, Teradyne is another overvalued stock to watch before a potential bursting. At these levels, TER seems to carry significantly more downside risk than upside potential. More patient investors may prefer to watch it from the sidelines until valuations revert closer to historical norms.



On the date of publication, Andrea van Schalkwyk did not hold (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Andrea van Schalkwyk is a value investor who adheres to the principles of the renowned Warren Buffett and his mentor Benjamin Graham. He holds a Master of Engineering (MEng) from the University of Padua and an Executive MBA from the CUOA Business School.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/06/bubble-trouble-identifying-3-overvalued-stocks-before-they-burst/">Bubble Trouble? Identifying 3 Overvalued Stocks Before They Burst.</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Bubble Trouble? Identifying 3 Overvalued Stocks Before They Burst.

Press Releases

TransDigm First Quarter Earnings Report and Conference Call Set for Thursday, February 8, 2024

TransDigm Group Reports Fiscal 2024 First Quarter Results

TransDigm Second Quarter Earnings Report and Conference Call Set for Tuesday, May 7, 2024

TransDigm Group Reports Fiscal 2024 Second Quarter Results

TransDigm Announces Acquisition of SEI Industries LTD.

TransDigm Announces Acquisition of Raptor Scientific

L Squared Capital Partners Announces Pending Sale of Raptor Scientific to TransDigm Group Incorporated for $655 Million

TransDigm to Host Analyst Day in New York City

Cerberus Acquires Calspan's Hypersonics and Test Systems Business Units from TransDigm and Forms North Wind, a Leading Independent Supplier of Hypersonic Test Infrastructure, Systems and Services


Josh GottheimerHouse (D-NJ)	$1K - $15K	Sale (Partial)	Apr 07, 2024	Mar 13, 2024	House
William KeatingHouse (D-MA)	$1K - $15K	Purchase	Mar 12, 2024	Feb 28, 2024	House
Josh GottheimerHouse (D-NJ)	$1K - $15K	Purchase	Jun 11, 2023	May 16, 2023	House

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