NYSE:TDY

Teledyne Technologies (TDY) Stock Price, News & Analysis

$359.19
-47.87 (-11.76%)
(As of 11:51 AM ET)
Today's Range
$358.05
$382.99
50-Day Range
$398.48
$432.87
52-Week Range
$358.05
$448.19
Volume
414,019 shs
Average Volume
218,009 shs
Market Capitalization
$17.02 billion
P/E Ratio
19.42
Dividend Yield
N/A
Price Target
$515.67

Teledyne Technologies MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.7% Upside
$515.67 Price Target
Short Interest
Healthy
1.69% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-2.16
Upright™ Environmental Score
News Sentiment
0.77mentions of Teledyne Technologies in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$2.89 M Sold Last Quarter
Proj. Earnings Growth
7.00%
From $20.56 to $22.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.16 out of 5 stars

Aerospace Sector

6th out of 41 stocks

Search & Navigation Equipment Industry

2nd out of 11 stocks

TDY stock logo

About Teledyne Technologies Stock (NYSE:TDY)

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters. This segment also offers cooled and uncooled infrared or thermal products, including sensors, camera cores, and camera systems; high-resolution, low-dose X-ray sensors, high-power microwave, and high-energy X-ray subsystems; and instruments for the measurement of physical properties and maritime products; as well as develops and manufactures multi-spectrum electro-optic/infrared imaging systems and associated products, such as lasers, optics, and radars, CBRNE (Chemical, Biological, Radiological, Nuclear and Explosive detectors), and unmanned air and ground systems. The company's Instrumentation segment offers monitoring, control, and electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks. The company's Aerospace and Defense Electronics segment provides electronic components and subsystems, data acquisition and communications components and equipment, harsh environment interconnects, general aviation batteries, and other components; and onboard avionics systems and ground-based applications, aircraft data and connectivity solutions, hardware systems, and software applications. Its Engineered Systems segment offers systems engineering and integration, technology development, and manufacturing solutions for defense, space, environmental, and energy applications; and designs and manufactures electrochemical energy systems and electronics for military applications. The company was founded in 1960 and is headquartered in Thousand Oaks, California.

TDY Stock Price History

TDY Stock News Headlines

Teledyne Technologies Inc Q1 Profit Decreases, misses estimates
Teledyne Technologies Reports First Quarter Results
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TDY: Lowering target price to $444.00
TDY Apr 2024 470.000 call
TDY Apr 2024 430.000 put
Teledyne to Hold Investor Meetings
Teledyne Technologies To Buy Valeport Holdings
Teledyne to Acquire Valeport
Teledyne Technologies: Waiting For Growth
See More Headlines
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Company Calendar

Last Earnings
1/24/2024
Today
4/24/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Search & navigation equipment
Sub-Industry
Aerospace & Defense
CUSIP
87936010
Employees
14,900
Year Founded
1960

Price Target and Rating

Average Stock Price Target
$515.67
High Stock Price Target
$565.00
Low Stock Price Target
$495.00
Potential Upside/Downside
+26.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$885.70 million
Pretax Margin
17.01%

Debt

Sales & Book Value

Annual Sales
$5.64 billion
Cash Flow
$27.08 per share
Book Value
$195.43 per share

Miscellaneous

Free Float
46,490,000
Market Cap
$19.29 billion
Optionable
Optionable
Beta
1.02

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Should I Buy Teledyne Technologies Stock? TDY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Teledyne Technologies Incorporated:

  • Teledyne Technologies offers a diverse range of enabling technologies for industrial growth markets, providing a solid foundation for potential growth and revenue generation.
  • The company's focus on digital imaging, including advanced sensors and cameras across various spectra, positions it well in the technology sector, which is constantly evolving and in demand.
  • Teledyne Technologies' presence in aerospace and defense electronics sector offers stability and potential contracts from government and defense agencies, contributing to a steady revenue stream.
  • Recent developments in Teledyne Technologies' engineered systems segment for defense, space, and energy applications showcase the company's commitment to innovation and addressing emerging market needs.
  • Investors may find the current stock price of Teledyne Technologies attractive, considering the company's growth potential and market positioning.

Cons

Investors should be bearish about investing in Teledyne Technologies Incorporated for these reasons:

  • Teledyne Technologies operates in a competitive market, facing challenges from other technology companies that may impact its market share and profitability.
  • The company's reliance on government contracts in the aerospace and defense sector exposes it to potential fluctuations in defense spending and regulatory changes.
  • Market volatility and economic uncertainties could affect Teledyne Technologies' financial performance, leading to fluctuations in stock prices and investor confidence.
  • Investing in technology companies like Teledyne Technologies carries inherent risks related to rapid technological advancements, potential obsolescence of products, and changing consumer preferences.
  • External factors such as geopolitical tensions or global economic conditions could impact Teledyne Technologies' operations and financial results, affecting investor returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Teledyne Technologies pros and cons to contact@marketbeat.com.

TDY Stock Analysis - Frequently Asked Questions

Should I buy or sell Teledyne Technologies stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teledyne Technologies in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TDY shares.
View TDY analyst ratings
or view top-rated stocks.

What is Teledyne Technologies' stock price target for 2024?

4 equities research analysts have issued 12 month target prices for Teledyne Technologies' shares. Their TDY share price targets range from $495.00 to $565.00. On average, they expect the company's stock price to reach $515.67 in the next year. This suggests a possible upside of 26.7% from the stock's current price.
View analysts price targets for TDY
or view top-rated stocks among Wall Street analysts.

How have TDY shares performed in 2024?

Teledyne Technologies' stock was trading at $446.29 on January 1st, 2024. Since then, TDY shares have decreased by 8.8% and is now trading at $407.04.
View the best growth stocks for 2024 here
.

Are investors shorting Teledyne Technologies?

Teledyne Technologies saw a increase in short interest in March. As of March 31st, there was short interest totaling 801,500 shares, an increase of 23.8% from the March 15th total of 647,600 shares. Based on an average daily volume of 211,500 shares, the days-to-cover ratio is currently 3.8 days.
View Teledyne Technologies' Short Interest
.

When is Teledyne Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our TDY earnings forecast
.

How can I listen to Teledyne Technologies' earnings call?

Teledyne Technologies will be holding an earnings conference call on Wednesday, April 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Teledyne Technologies' earnings last quarter?

Teledyne Technologies Incorporated (NYSE:TDY) announced its quarterly earnings results on Wednesday, April, 24th. The scientific and technical instruments company reported $4.55 earnings per share for the quarter, missing analysts' consensus estimates of $4.63 by $0.08. The scientific and technical instruments company earned $1.35 billion during the quarter, compared to analyst estimates of $1.39 billion. Teledyne Technologies had a net margin of 15.72% and a trailing twelve-month return on equity of 10.81%. Teledyne Technologies's revenue was down 2.4% on a year-over-year basis. During the same period last year, the business posted $4.53 EPS.

What guidance has Teledyne Technologies issued on next quarter's earnings?

Teledyne Technologies updated its second quarter 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of 4.400-4.500 for the period, compared to the consensus EPS estimate of 5.000. The company issued revenue guidance of -.

What is Robert Mehrabian's approval rating as Teledyne Technologies' CEO?

122 employees have rated Teledyne Technologies Chief Executive Officer Robert Mehrabian on Glassdoor.com. Robert Mehrabian has an approval rating of 74% among the company's employees.

What other stocks do shareholders of Teledyne Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teledyne Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Advanced Micro Devices (AMD), Lululemon Athletica (LULU), Walt Disney (DIS), DexCom (DXCM), Home Depot (HD), Adobe (ADBE) and Lockheed Martin (LMT).

Who are Teledyne Technologies' major shareholders?

Teledyne Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.86%), Congress Asset Management Co. MA (0.59%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Raymond James & Associates (0.20%), Norden Group LLC (0.10%) and Assenagon Asset Management S.A. (0.08%). Insiders that own company stock include Aldo Pichelli, Charles Crocker, Cynthia Y Belak, George C Bobb III, Jane Cecile Sherburne, Jason Vanwees, Kenneth C Dahlberg, Melanie Susan Cibik, Michael T Smith, Robert Mehrabian, Schack Wesley W Von, Simon M Lorne, Stephen Finis Blackwood and Sue Main.
View institutional ownership trends
.

How do I buy shares of Teledyne Technologies?

Shares of TDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Teledyne Technologies have any subsidiaries?
The following companies are subsidiares of Teledyne Technologies: Alia Corporation Inc, Bolt Technology Corp, Bowtech Products, CARIS, CDL do Brasil Equipamentos e Serviços Submarinos Sociedade Empresária Ltda., CETAC Technologies, DALSA, Demo Systems, Detcon Holdco Inc., Ensambles de Precision S.A. de C.V., Falcon Analytical, Frontline Test Equipment, GMI Group Holdings Limited, Hafmynd ehf, Hanson Research Corp, IST Oldham Instruments India Private Limited, Industrial Control Machines, Intelek, Intelek Limited, Intelek Pension Trustees Limited, Intelek Properties Limited, LeCroy (Beijing) Trading Co. Ltd., LeCroy Corporation, Lidar Aviation Services Inc., Maple Imaging LLC, Micralyne Inc, Ocean Design Ltda., Oldham Instrument (Shanghai) Co. Ltd., Oldham Simtronics SAS, Oldham-Winter GmbH, PDM Neptec, Reynolds Industries Limited, Rhombi Canada LP, Rhombi Holdings Limited, Rhombi Netherlands B.V., Rockwell Scientific Company, Simtronics AS, TDY Jersey Limited, Teledyne Advanced Pollution Instrumentation, Teledyne Australia Pty Ltd, Teledyne BlueView, Teledyne Bogatin Enterprises LLC, Teledyne Bowtech Limited, Teledyne Brown Engineering Inc., Teledyne C.M.L. Group Limited, Teledyne CARIS B.V., Teledyne CARIS Inc., Teledyne CARIS UK Ltd., Teledyne CARIS USA Inc., Teledyne CDL Inc., Teledyne CDL Limited, Teledyne Catalyst Enterprises Inc., Teledyne Computer Access Technology Corporation, Teledyne Controls LLC, Teledyne Cougar, Teledyne Czech s.r.o., Teledyne DALSA (Shanghai) Trading Co. Ltd., Teledyne DALSA Asia-Pacific Ltd., Teledyne DALSA B.V., Teledyne DALSA GmbH, Teledyne DALSA Inc., Teledyne DALSA Industrial Products Inc., Teledyne DALSA K.K., Teledyne DALSA Semiconductor Inc., Teledyne Dalsa, Teledyne Defense Electronics LLC, Teledyne Denmark A/S, Teledyne Detcon Inc., Teledyne Digital Imaging Inc., Teledyne Digital Imaging US Inc., Teledyne Energy Systems Inc., Teledyne Europe Holdings C.V., Teledyne France, Teledyne France SAS, Teledyne Gas Measurement Instruments Limited, Teledyne Gavia ehf., Teledyne Germany GmbH, Teledyne Hanson Research Inc., Teledyne ICM SA, Teledyne ICM SPRL, Teledyne Innovaciones Microelectronics S.L.U., Teledyne Instruments Inc., Teledyne Instruments Malaysia Sdn. Bhd., Teledyne Japan Corporation, Teledyne Korea Ltd., Teledyne Labtech Limited, Teledyne LeCroy AB, Teledyne LeCroy Delaware LLC, Teledyne LeCroy GmbH, Teledyne LeCroy Inc., Teledyne LeCroy India Trading Private Ltd., Teledyne LeCroy Japan Corporation, Teledyne LeCroy Korea Ltd., Teledyne LeCroy OakGate Inc., Teledyne LeCroy S.A.R.L., Teledyne LeCroy S.R.L., Teledyne LeCroy SA, Teledyne LeCroy Singapore Pte. Ltd., Teledyne Limited, Teledyne Micralyne Inc., Teledyne Monitor Labs, Teledyne Monitor Labs P.R. Inc., Teledyne Netherlands B.V., Teledyne ODI, Teledyne Optech Inc., Teledyne Paradise Datacom Limited, Teledyne RD Instruments, Teledyne RD Technologies (Shanghai) Co. Ltd., Teledyne RESON, Teledyne RESON A/S, Teledyne RESON B.V., Teledyne RESON GmbH, Teledyne RESON Holding B.V., Teledyne RESON Inc., Teledyne RESON Pte. Ltd., Teledyne RESON UK Limited, Teledyne RISI Inc., Teledyne Rad-icon Imaging Corp., Teledyne Redlake MASD LLC, Teledyne Reynolds Inc., Teledyne SG Brown Limited, Teledyne Scientific & Imaging LLC, Teledyne Scientific Imaging GmbH, Teledyne Scientific Imaging Limited, Teledyne Signal Processing Devices Sweden AB, Teledyne Singapore Private Limited, Teledyne TSS Limited, Teledyne Taiwan Company, Teledyne Technologies (Bermuda) Limited, Teledyne Technologies (Shanghai) Co. Ltd., Teledyne Technologies International Corp., Teledyne Technologies Israel Ltd., Teledyne Tekmar Company, Teledyne UK Limited, Teledyne VariSystems, Teledyne VariSystems Inc., Teledyne Wireless LLC, Teledyne e2v, Teledyne e2v (Beijing) Co. Ltd., Teledyne e2v (Overseas) Holdings Limited, Teledyne e2v Asia Pacific Limited, Teledyne e2v Limited, Teledyne e2v Semiconductors SAS, and The Oceanscience Group Ltd..
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This page (NYSE:TDY) was last updated on 4/24/2024 by MarketBeat.com Staff

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