Pre-Market Technical Scan on Aerospace Products and Services Equities -- Raytheon, Boeing, TransDigm, and Triumph
NEW YORK, Feb. 8, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on RTN, BA, TDG, and TGI which can be accessed for free by signing up to www.wallstequities.com/registration. Today's focus is shifted on the Aerospace and Defense Products and Services industry, which comprises companies that primarily engage in the production of defensive systems, many of which are related to the Aerospace field. A number of these firms depend heavily on government contracts for their revenues. This morning, WallStEquities.com presents for assessment Raytheon Co. (NYSE: RTN), The Boeing Co. (NYSE: BA), TransDigm Group Inc. (NYSE: TDG), and Triumph Group Inc. (NYSE: TGI). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Raytheon
On Wednesday, shares in Waltham, Massachusetts headquartered Raytheon Co. recorded a trading volume of 2.22 million shares, which was above their three months average volume of 1.44 million shares. The stock ended the session 1.59% higher at $204.32. The Company's shares have gained 6.22% in the last month, 10.77% over the previous three months, and 37.94% over the past year. The stock is trading 5.88% above its 50-day moving average and 14.59% above its 200-day moving average. Moreover, shares of Raytheon have a Relative Strength Index (RSI) of 57.82.
On January 26th, 2018, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $210 a share to $220 a share.
On February 06th, 2018, Raytheon has named Kelsey DeBriyn vice president, Investor Relations. In her new role, DeBriyn will oversee the Company's engagements with the investor community, interacting with analysts and institutional investors about Raytheon's key franchise programs, business objectives, prospects, performance and outlook. She reports to Toby O'Brien, Senior Vice President and CFO. Get the full research report on RTN for free by clicking below at:
www.wallstequities.com/registration/?symbol=RTN
Boeing
Chicago, Illinois headquartered The Boeing Co.'s stock closed the day 2.11% higher at $248.12. A total volume of 7.93 million shares was traded, which was above their three months average volume of 4.41 million shares. The Company's shares have advanced 12.24% in the past month, 31.83% in the previous three months, and 109.08% over the past year. The stock is trading 12.93% and 41.35% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Boeing have an RSI of 60.76.
On February 05th, 2018, research firm Berenberg reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $395 a share to $415 a share.
On February 06th, 2018 at the Singapore Airshow, Boeing announced that its 737 MAX 10 has reached a major milestone as the MAX program completed firm configuration on the airplane. This means engineers now have all the design requirements in place for what will be the largest member of the Company's single-aisle family. Free research on BA can be accessed at:
www.wallstequities.com/registration/?symbol=BA
TransDigm Group
Shares in Cleveland, Ohio headquartered TransDigm Group Inc. recorded a trading volume of 560,780 shares, which was higher than their three months average volume of 442,430 shares. The stock ended yesterday's trading session 0.50% higher at $292.10. The Company's shares have advanced 5.83% in the past month, 3.22% in the previous three months, and 29.07% over the past year. The stock is trading above its 50-day and 200-day moving averages by 2.53% and 11.62%, respectively. Furthermore, shares of TransDigm have an RSI of 45.37.
On February 06th, 2018, TransDigm reported results for the first quarter ended December 30th, 2017. Net sales for the quarter were $33.9 million, net income from continuing operations was $312.0 million, and earnings per share from continuing operations were $4.60. Net income from discontinued operations for Q1 FY18 was $2.8 million, adjusted net income was $310.1 million, and EBITDA was $382.5 million. Visit WallStEquities.com now and sign up for the free research on TDG at:
www.wallstequities.com/registration/?symbol=TDG
Triumph Group
Berwyn, Pennsylvania headquartered Triumph Group Inc.'s stock finished Wednesday's session 1.97% lower at $24.90. A total volume of 871,057 shares was traded, which was above their three months average volume of 554,790 shares. The Company's shares are trading below their 50-day moving average by 11.01%. Additionally, shares of Triumph, which designs, engineers, manufactures, repairs, overhauls, and distributes aero structures, aircraft components, accessories, subassemblies, and systems worldwide, have an RSI of 33.97.
On February 06th, 2018, Triumph announced that its CEO, Dan Crowley, will present at Cowen's 39th Annual Aerospace/Defense & Industrials Conference on February 08th, 2018, at 11:30 a.m. ET at The Lotte New York Palace Hotel in New York. The free technical report on TGI is available at:
www.wallstequities.com/registration/?symbol=TGI
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