TAT Technologies: I Remain Extremely Bullish
(7min)
Summary
TAT Technologies has shown significant growth, with a 137% stock price increase since April 2024, outperforming the market's 9% return.
The company specializes in heat exchangers, APUs, and landing gear, with an 80:20 revenue split between commercial and military markets.
Despite a free cash flow shortfall in 2024, strong EBITDA and revenue growth justify a price target increase to $39.25, implying 38% upside.
Maintaining a strong buy rating due to impressive growth metrics and expected 20% annual growth, despite some volatility from Wall Street coverage.
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I covered TAT Technologies (TATT) in December with a strong buy rating. Since then, the stock price had increased close to my price target for 2025 before falling back. The price has increased by 2.6% while the S&P
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This article was written by
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Dhierin-Perkash Bechai is an aerospace, defense and airline analyst.
Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developments as they occur, describing how they might affect investment theses. His investing ideas are driven by data informed analysis. The investing group also provides direct access to data analytics monitors. Learn more.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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