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) posted its quarterly earnings data on Wednesday, January, 22nd. The scientific and technical instruments company reported $3.06 earnings per share for the quarter, topping the Zacks' 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 analyst estimates of $826.78 million. Teledyne Technologies had a net margin of 12.72% and a return on equity of 15.67%. The firm's revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the prior year, the company posted $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 updated its FY20 earnings guidance on Wednesday, January, 22nd. The company provided earnings per share (EPS) guidance of $11.20-11.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $11.19.

3 Wall Street analysts have issued twelve-month price objectives for Teledyne Technologies' stock. Their forecasts range from $290.00 to $415.00. On average, they anticipate Teledyne Technologies' share price to reach $368.33 in the next year. This suggests a possible upside of 2.9% 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.

Press coverage about TDY stock has trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Teledyne Technologies earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned media coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Teledyne Technologies.

Teledyne Technologies saw a increase in short interest in January. As of January 31st, there was short interest totalling 626,600 shares, an increase of 5.4% from the January 15th total of 594,500 shares. Based on an average daily trading volume, of 294,300 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.7% of the shares of the company are short sold. View Teledyne Technologies' Current Options Chain.

Some companies that are related to Teledyne Technologies include Boeing (BA), Honeywell International (HON), United Technologies (UTX), Lockheed Martin (LMT), Raytheon (RTN), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Textron (TXT), Huntington Ingalls Industries (HII), 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 Verizon Communications (VZ), Alibaba Group (BABA), Walt Disney (DIS), Advanced Micro Devices (AMD), NVIDIA (NVDA), Lululemon Athletica (LULU), Neurocrine Biosciences (NBIX), Mastercard (MA), Visa (V) and Paypal (PYPL).

Teledyne Technologies' stock is owned by a variety 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 purchased 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 $357.84.

Teledyne Technologies has a market capitalization of $13.05 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.