Teledyne Technologies - TDY Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Teledyne Technologies in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TDY shares.
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3 brokers have issued 12-month price targets for Teledyne Technologies' stock. Their TDY share price forecasts range from $488.00 to $503.00. On average, they expect the company's share price to reach $496.33 in the next year. This suggests a possible upside of 16.2% from the stock's current price.
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Teledyne Technologies' stock was trading at $399.91 at the beginning of 2023. Since then, TDY stock has increased by 6.8% and is now trading at $427.20.
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Teledyne Technologies saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 611,800 shares, a decrease of 20.5% from the February 28th total of 769,600 shares. Based on an average trading volume of 178,100 shares, the short-interest ratio is presently 3.4 days. Approximately 1.3% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
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Teledyne Technologies Incorporated (NYSE:TDY) issued its earnings results on Wednesday, January, 25th. The scientific and technical instruments company reported $4.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.54 by $0.40. The scientific and technical instruments company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. Teledyne Technologies had a net margin of 14.45% and a trailing twelve-month return on equity of 11.00%. The firm's revenue for the quarter was up 3.1% on a year-over-year basis. During the same period last year, the business posted $4.56 EPS.
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ETFs with the largest weight of Teledyne Technologies (NYSE:TDY) stock in their portfolio include SPDR S&P Kensho Final Frontiers ETF (ROKT), VictoryShares THB Mid Cap ESG ETF (MDCP), ASYMmetric Smart S&P 500 ETF (ASPY), Invesco DWA Momentum ETF (PDP), SPDR S&P Kensho New Economies Composite ETF (KOMP), Invesco Zacks Mid-Cap ETF (CZA), T. Rowe Price Growth Stock ETF (TGRW) and SPDR Kensho Future Security ETF (FITE).

Teledyne Technologies updated its first quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided earnings per share (EPS) guidance of $4.37-$4.47 for the period, compared to the consensus estimate of $4.44. The company issued revenue guidance of -.

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.

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).

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

Teledyne Technologies' stock is owned by a number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (12.54%), T. Rowe Price Investment Management Inc. (5.80%), Select Equity Group L.P. (4.83%), Geode Capital Management LLC (2.01%), JPMorgan Chase & Co. (1.37%) and Allspring Global Investments Holdings LLC (1.26%). Insiders that own company stock include Aldo Pichelli, Charles Crocker, Cynthia Y Belak, George C Bobb III, Jason Vanwees, Kenneth C Dahlberg, Melanie Susan Cibik, Michael T Smith, Michelle Kumbier, Paul David Miller, Robert Mehrabian, Roxanne S Austin, Schack Wesley W Von, Simon M Lorne, Stephen Finis Blackwood and Sue Main.
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Shares of TDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TDY stock can currently be purchased for approximately $427.20.

Teledyne Technologies (NYSE:TDY) has a market capitalization of $20.08 billion and generates $5.46 billion in revenue each year. The scientific and technical instruments company earns $788.60 million in net income (profit) each year or $16.53 on an earnings per share basis.

The company employs 14,700 workers across the globe.

Teledyne Technologies' mailing address is 1049 CAMINO DOS RIOS, THOUSAND OAKS CA, 91360. The official website for the company is www.teledyne.com. The scientific and technical instruments company can be reached via phone at (805) 373-4545 or via fax at 805-373-4775.