Teledyne Technologies Inc [TDY] stock is trading at $511.67, up 6.51%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TDY shares have gain 9.82% over the last week, with a monthly amount glided 11.61%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, BofA Securities upgraded its rating to Buy on November 08, 2024, and elevated its price target to $550. On July 23, 2024, Vertical Research initiated with a Buy rating and assigned a price target of $470 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $400 on April 26, 2024. Needham reiterated its recommendation of a Buy and raised its price target to $522 on December 22, 2023. Exane BNP Paribas started tracking with a Outperform rating for this stock on October 05, 2023, and assigned it a price target of $530. In a note dated September 27, 2023, UBS initiated an Buy rating and provided a target price of $495 on this stock.
Teledyne Technologies Inc [TDY] stock has fluctuated between $355.41 and $492.00 over the past year. Currently, Wall Street analysts expect the stock to reach $519 within the next 12 months. Teledyne Technologies Inc [NYSE: TDY] shares were valued at $511.67 at the most recent close of the market. An investor can expect a potential return of 1.43% based on the average TDY price forecast.
Analyzing the TDY fundamentals
Teledyne Technologies Inc [NYSE:TDY] reported sales of 5.67B for the trailing twelve months, which represents a growth of 5.00%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.29.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 495.78 points at the first support level, and at 479.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 521.77, and for the 2nd resistance point, it is at 531.88.
Ratios To Look Out For
For context, Teledyne Technologies Inc’s Current Ratio is 2.33. Also, the Quick Ratio is 1.61, while the Cash Ratio stands at 0.37. Considering the valuation of this stock, the price to sales ratio is 4.21, the price to book ratio is 2.49 and price to earnings (TTM) ratio is 29.71.
Transactions by insiders
Recent insider trading involved VanWees Jason, Vice Chairman, that happened on Nov 08 ’24 when 1500.0 shares were sold. Director, SMITH MICHAEL T completed a deal on Dec 12 ’24 to sell 2025.0 shares. Meanwhile, Director CROCKER CHARLES sold 1174.0 shares on Dec 09 ’24.
