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 earnings results on Wednesday, October, 23rd. The scientific and technical instruments company reported $2.84 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.53 by $0.31. The scientific and technical instruments company had revenue of $802.20 million for the quarter, compared to analyst estimates of $786.55 million. Teledyne Technologies had a net margin of 12.27% and a return on equity of 15.52%. The business's revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.43 EPS. View Teledyne Technologies' Earnings History.

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

Teledyne Technologies issued an update on its fourth quarter earnings guidance on Wednesday, October, 23rd. The company provided earnings per share guidance of $2.71-2.76 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.60.

3 analysts have issued 1 year target prices for Teledyne Technologies' shares. Their forecasts range from $290.00 to $375.00. On average, they expect Teledyne Technologies' stock price to reach $331.00 in the next twelve months. This suggests that the stock has a possible downside of 12.0%. 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.

News headlines about TDY stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Teledyne Technologies earned a news impact score of 3.0 on InfoTrie's scale. They also gave news coverage about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Teledyne Technologies.

Teledyne Technologies saw a decrease in short interest in December. As of December 31st, there was short interest totalling 594,500 shares, a decrease of 12.8% from the December 15th total of 681,800 shares. Based on an average trading volume of 278,900 shares, the days-to-cover ratio is presently 2.1 days. Approximately 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), 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), Hexcel (HXL) and Curtiss-Wright (CW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Teledyne Technologies investors own include NextEra Energy (NEE), Alibaba Group (BABA), Keysight Technologies (KEYS), Verizon Communications (VZ), Arch Capital Group (ACGL), Lululemon Athletica (LULU), Neurocrine Biosciences (NBIX), Mastercard (MA), Veeva Systems (VEEV) and Adobe (ADBE).

Teledyne Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Johanson Financial Advisors Inc. (0.07%), Nisa Investment Advisors LLC (0.05%), DNB Asset Management AS (0.03%), Assenagon Asset Management S.A. (0.03%), Three Peaks Capital Management LLC (0.02%) and Louisiana State Employees Retirement System (0.02%). 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, State of Alaska Department of Revenue, Brasada Capital Management LP and We Are One Seven LLC. 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, Kenneth C Dahlberg, 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 bought by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., DNB Asset Management AS, Assenagon Asset Management S.A., Nisa Investment Advisors LLC, IFM Investors Pty Ltd, UMA Financial Services Inc., Sciencast Management LP and Advisors Capital Management LLC. 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 $376.32.

Teledyne Technologies has a market capitalization of $13.72 billion and generates $2.90 billion in revenue each year. The scientific and technical instruments company earns $333.80 million in net income (profit) each year or $8.88 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.