Industrial Goods Stocks Technical Reports -- Textron, Northrop Grumman, L-3 Communications, and TransDigm

Sep 08, 2016, 08:50 ET from Chelmsford Park SA

NEW YORK, September 8, 2016 /PRNewswire/ --

This morning, is focused on the Industrial Goods sector which has received a "Market Perform" rating from research firm Charles Schwab on Thursday, September 01, 2016. Equities under evaluation are: Textron Inc. (NYSE: TXT), Northrop Grumman Corp. (NYSE: NOC), L-3 Communications Holdings Inc. (NYSE: LLL), and TransDigm Group Inc. (NYSE: TDG). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:


Providence, Rhode Island headquartered Textron Inc.'s stock finished Wednesday's session 0.25% higher at $40.81 with a total volume of 857,175 shares traded. The Company's shares have advanced 4.35% in the past month and 2.56% in the previous three months. The stock is trading 4.79% above its 50-day moving average and 7.37% above its 200-day moving average. Additionally, shares of Textron, which operates in the aircraft, defense, industrial, and finance businesses worldwide, have a Relative Strength Index (RSI) of 60.20.

On August 19th, 2016, Textron Systems Canada Inc., a Textron company, announced the delivery of the first Tactical Armoured Patrol Vehicle to the Canadian Army. The Canadian Army is fielding the first vehicles to the 5th Canadian Division Support Base Gagetown and the 2nd Canadian Division Support Base Valcartier. Visit us today and access our complete research report on TXT at:

Northrop Grumman  

On Wednesday, shares in Falls Church, Virginia-based Northrop Grumman Corp. recorded a trading volume of 782,981 shares. The stock ended the session 0.88% lower at $212.86. The Company's shares have advanced 14.17% on an YTD basis. The stock is trading 6.04% above its 200-day moving average. Moreover, shares of Northrop Grumman, which provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide, have an RSI of 41.75.

On August 25th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. The research firm also revised upwards its previous target price from $225 a share to $231 a share.

On September 06th, 2016, Northrop Grumman announced that it has received an award from the U.S. Marine Corps for an additional nine AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR) low rate initial production (LRIP) systems. Northrop Grumman is already on contract to provide six G/ATOR LRIP systems, the first of which will be delivered in February 2017. The complimentary report on NOC can be downloaded at:

L-3 Communications Holdings  

Shares in New York headquartered L-3 Communications Holdings Inc. closed the day 0.77% lower at $150.22. The stock recorded a trading volume of 238,211 shares. The Company's shares have gained 0.64% in the last month, 2.74% in the previous three months, and 27.70% on an YTD basis. The stock is trading 1.39% above its 50-day moving average and 16.15% above its 200-day moving average. Additionally, shares of L-3 Communications Holdings, which through its subsidiary, L-3 Communications Corp., provides aerospace systems, and a range of communication and electronic systems and products used on military and commercial platforms in the US and internationally, have an RSI of 54.62.

On September 06th, 2016, research firm Citigroup initiated a 'Buy' rating on the Company's stock.

On September 07th, 2016, L-3 Communications announced that it has entered into a contract to acquire Micreo Limited, a specialized Electronic Warfare subsystems provider in Australia. The acquisition is expected to be completed in September 2016 following the satisfaction of standard closing conditions. Following the acquisition, Micreo will be integrated into the Electronic Systems Segment and will be renamed L-3 Micreo. Micreo is projected to generate AUD$35 million (USD$27 million) in sales for the year ending December 31st, 2017 and to be accretive to L-3's earnings. Register for free on and access the latest research report on LLL at:

TransDigm Group  

At the close, shares in Cleveland, Ohio-based TransDigm Group Inc. ended at $291.81, climbing 0.60%. The stock recorded a trading volume of 285,582 shares. The Company's shares have advanced 4.58% in the last one month, 10.13% over the previous three months, and 27.73% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.35% and 20.51%, respectively. Furthermore, shares of TransDigm Group, which through its subsidiaries, designs, produces, and supplies aircraft components in the US, have an RSI of 68.44.

On August 10th, 2016, research firm Deutsche Bank reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $260 a share to $300 a share.

On September 06th, 2016, TransDigm announced that it has entered into a definitive agreement to acquire Young & Franklin Inc. and its subsidiaries, including Tactair Fluid Controls Inc. The Company manufactures proprietary, highly engineered valves and actuators. The acquisition, subject to regulatory approvals and other customary closing conditions, is expected to close in Q4 FY16. Get free access to your research report on TDG at:


Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  


SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA