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 earnings results on Wednesday, January, 22nd. The scientific and technical instruments company reported $3.06 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.76 by $0.30. The scientific and technical instruments company earned $834.20 million during the quarter, compared to the consensus estimate 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 quarter last 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 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 brokers have issued 1-year price objectives for Teledyne Technologies' stock. Their forecasts range from $290.00 to $415.00. On average, they expect Teledyne Technologies' stock price to reach $368.33 in the next year. This suggests that the stock has a possible downside of 5.0%. 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.

Headlines about TDY stock have been trending negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media 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 nearest to five being the most favorable. Teledyne Technologies earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news stories 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 immediate future. View News Stories for Teledyne Technologies.

Teledyne Technologies saw a increase in short interest during the month of 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 trading volume of 294,300 shares, the short-interest ratio is currently 2.1 days. Approximately 1.7% of the company's shares 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), 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 Alibaba Group (BABA), Verizon Communications (VZ), NVIDIA (NVDA), Walt Disney (DIS), Advanced Micro Devices (AMD), NextEra Energy (NEE), CVS Health (CVS), Paypal (PYPL), Mastercard (MA) and AT&T (T).

Teledyne Technologies' stock is owned by a variety of of institutional and retail 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 $387.77.

Teledyne Technologies has a market capitalization of $14.14 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.