NYSE:TDY - Teledyne Technologies Stock Price, Forecast & News

Teledyne Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TDY."

Teledyne Technologies Incorporated (NYSE:TDY) issued its quarterly earnings data on Wednesday, January, 22nd. The scientific and technical instruments company reported $3.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.76 by $0.30. The scientific and technical instruments company had revenue of $834.20 million for the quarter, compared to analysts' expectations of $826.78 million. Teledyne Technologies had a return on equity of 15.67% and a net margin of 12.72%. The company's revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.45 EPS. View Teledyne Technologies' Earnings History.

Teledyne Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Teledyne Technologies.

Teledyne Technologies issued an update on its FY20 earnings guidance on Wednesday, January, 22nd. The company provided EPS guidance of $11.20-11.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $11.19.

3 brokers have issued 12-month target prices for Teledyne Technologies' shares. Their forecasts range from $290.00 to $415.00. On average, they expect Teledyne Technologies' stock price to reach $368.33 in the next twelve months. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Teledyne Technologies.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teledyne Technologies in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Teledyne Technologies.

Headlines about TDY stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Teledyne Technologies earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Teledyne Technologies.

Teledyne Technologies saw a drop in short interest in the month of February. As of February 14th, there was short interest totalling 586,600 shares, a drop of 6.4% from the January 30th total of 626,600 shares. Based on an average daily volume of 283,200 shares, the short-interest ratio is presently 2.1 days. Approximately 1.6% of the shares of the stock are sold short. View Teledyne Technologies' Current Options Chain.

Some companies that are related to Teledyne Technologies include Boeing (BA), United Technologies (UTX), Honeywell International (HON), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Textron (TXT), Huntington Ingalls Industries (HII), Spirit AeroSystems (SPR), Hexcel (HXL) and Curtiss-Wright (CW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Teledyne Technologies investors own include Verizon Communications (VZ), Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), Advanced Micro Devices (AMD), Lululemon Athletica (LULU), Neurocrine Biosciences (NBIX), Mastercard (MA), Visa (V) and Paypal (PYPL).

Teledyne Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (4.75%), State Street Corp (3.81%), Kayne Anderson Rudnick Investment Management LLC (3.56%), FMR LLC (2.60%), William Blair Investment Management LLC (2.15%) and Westfield Capital Management Co. LP (1.74%). Company insiders that own Teledyne Technologies stock include Aldo Pichelli, Charles Crocker, Cynthia Y Belak, Edwin Roks, George C Bobb III, Jason Vanwees, Kenneth C Dahlberg, Melanie Susan Cibik, Michael T Smith, Paul David Miller, Robert Mehrabian, Schack Wesley W Von, Simon M Lorne, Stephen Finis Blackwood, Sue Main and Thomas H Reslewic. View Institutional Ownership Trends for Teledyne Technologies.

TDY stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Lord Abbett & CO. LLC, AJO LP, AQR Capital Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., Panagora Asset Management Inc. and Prudential Financial Inc.. Company insiders that have sold Teledyne Technologies company stock in the last year include Aldo Pichelli, Charles Crocker, Cynthia Y Belak, Jason Vanwees, Melanie Susan Cibik, Michael T Smith, Paul David Miller, Schack Wesley W Von, Simon M Lorne, Stephen Finis Blackwood and Sue Main. View Insider Buying and Selling for Teledyne Technologies.

TDY stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Sumitomo Mitsui Trust Holdings Inc., PNC Financial Services Group Inc., Fiera Capital Corp, Earnest Partners LLC, Bank of America Corp DE, FMR LLC and Teacher Retirement System of Texas. View Insider Buying and Selling for Teledyne Technologies.

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

One share of TDY stock can currently be purchased for approximately $355.16.

Teledyne Technologies has a market capitalization of $12.95 billion and generates $3.16 billion in revenue each year. The scientific and technical instruments company earns $402.30 million in net income (profit) each year or $10.51 on an earnings per share basis. Teledyne Technologies employs 10,850 workers across the globe.View Additional Information About Teledyne Technologies.

The official website for Teledyne Technologies is http://www.teledyne.com/.

Teledyne Technologies' mailing address is 1049 CAMINO DOS RIOS, THOUSAND OAKS CA, 91360. The scientific and technical instruments company can be reached via phone at 805-373-4545.