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6.244925997639E-05 0.000686941859739047 0.00171735464934744 -0.00266970586398539 -0.00399675263848115 -0.0140354711796665 -0.0125835258852182 -0.0120527071754198
Stock impact report

TransDigm Will Benefit From Airlines Sticking With Old Planes [Seeking Alpha]

Transdigm Group Incorporated (TDG) 
Last transdigm group incorporated earnings: 2/4 07:15 am Check Earnings Report
US:NYSE Investor Relations: transdigm.com/investor-relations
Company Research Source: Seeking Alpha
SummaryThe pandemic is likely to damage aviation's long-term perspectives. Sales of new planes will be at least 25% lower at the peak than planned before.Commercial OEM sales are 32% of overall TransDigm's revenue, but at the operating income level, roughly 3/4 of profits are from aftermarket sales.In spite of a very high debt load, the probability of default for TransDigm is priced lower than for Boeing.TransDigm (TDGBAOTCPK:EADSYSource: Company's dataTransDigm is known for its strategy of finding small targets for acquisition with a room for improving their margins. In 2019, there was a relatively very big acquisition of Esterline with substantially lower operating margins, which decreased overall EBITDA profitability to the low 30s level. Management is certain in their abilities to improve Esterline's profitability going forward.The other remarkable attribute of TransDigm is its very high debt load. By the end of 2019, the company's net debt was at the level of $15.4 bn and EBITDA Show less Read more
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