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) announced its quarterly earnings results on Wednesday, January, 22nd. The scientific and technical instruments company reported $3.06 earnings per share for the quarter, beating analysts' consensus estimates of $2.76 by $0.30. The scientific and technical instruments company earned $834.20 million during the quarter, compared to analysts' expectations of $826.78 million. Teledyne Technologies had a net margin of 12.72% and a return on equity of 15.67%. Teledyne Technologies's quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the company earned $2.45 earnings per share. 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 updated its FY20 earnings guidance on Wednesday, January, 22nd. The company provided earnings per share guidance of $11.20-11.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $11.19.

3 brokerages have issued 1 year price targets for Teledyne Technologies' shares. Their forecasts range from $290.00 to $400.00. On average, they expect Teledyne Technologies' stock price to reach $355.00 in the next twelve months. This suggests that the stock has a possible downside of 4.2%. 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.

Media coverage about TDY stock has been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Teledyne Technologies earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned media headlines about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Teledyne Technologies.

Teledyne Technologies saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 594,500 shares, a decrease of 12.8% from the December 31st total of 681,800 shares. Based on an average daily volume of 271,300 shares, the short-interest ratio is currently 2.2 days. Approximately 1.7% of the shares of the stock are short sold. 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), Raytheon (RTN), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Huntington Ingalls Industries (HII), Textron (TXT), Spirit AeroSystems (SPR), Curtiss-Wright (CW) and Hexcel (HXL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Teledyne Technologies investors own include Alibaba Group (BABA), NVIDIA (NVDA), NextEra Energy (NEE), Verizon Communications (VZ), Neurocrine Biosciences (NBIX), Paypal (PYPL), Keysight Technologies (KEYS), Arch Capital Group (ACGL), Walt Disney (DIS) and Mastercard (MA).

Teledyne Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.24%), New York State Teachers Retirement System (0.16%), Smith Graham & Co. Investment Advisors LP (0.09%), Johanson Financial Advisors Inc. (0.07%), Arizona State Retirement System (0.06%) and Nisa Investment Advisors LLC (0.05%). 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 Three Peaks Capital Management LLC, Arizona State Retirement System, Smith Graham & Co. Investment Advisors LP, NEXT Financial Group Inc, State of Alaska Department of Revenue, California Public Employees Retirement System, Country Club Trust Company n.a. and Brasada Capital Management LP. Company insiders that have sold Teledyne Technologies company stock in the last year include Aldo Pichelli, Charles Crocker, Cynthia Y Belak, George C Bobb III, Jason Vanwees, Melanie Susan Cibik, Michael T Smith, Paul David Miller, Robert Mehrabian, Schack Wesley W Von, Simon M Lorne, Stephen Finis Blackwood and Sue Main. View Insider Buying and Selling for Teledyne Technologies.

TDY stock was purchased by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., DNB Asset Management AS, Assenagon Asset Management S.A., Zurcher Kantonalbank Zurich Cantonalbank , Ambassador Advisors LLC, Nisa Investment Advisors LLC, Empowered Funds LLC and Dupont Capital Management Corp. 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 $370.41.

Teledyne Technologies has a market capitalization of $13.51 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.