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NYSE:TFX

Teleflex - TFX Stock Forecast, Price & News

$253.87
-0.18 (-0.07%)
(As of 08/11/2022 12:00 AM ET)
Add
Compare
Today's Range
$253.28
$260.53
50-Day Range
$239.09
$285.33
52-Week Range
$235.01
$405.89
Volume
220,316 shs
Average Volume
377,913 shs
Market Capitalization
$11.91 billion
P/E Ratio
23.59
Dividend Yield
0.54%
Price Target
$340.09

Teleflex MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
34.0% Upside
$340.09 Price Target
Short Interest
Healthy
3.37% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.53
Upright™ Environmental Score
News Sentiment
0.17mentions of Teleflex in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$853,896 Sold Last Quarter
Proj. Earnings Growth
12.21%
From $13.19 to $14.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.88 out of 5 stars

Medical Sector

54th out of 1,112 stocks

Surgical & Medical Instruments Industry

5th out of 113 stocks

TFX stock logo

About Teleflex (NYSE:TFX) Stock

Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide. It provides vascular access products that comprise Arrow branded catheters, catheter navigation and tip positioning systems, and intraosseous access systems for the administration of intravenous therapies, the measurement of blood pressure, and the withdrawal of blood samples through a single puncture site. The company also offers interventional products, which consists of various coronary catheters, structural heart therapies, and peripheral intervention and cardiac assist products that are used by interventional cardiologists and radiologists, and vascular surgeons; and Arrow branded catheters, Guideline and Trapliner catheters, the Manta Vascular Closure, and Arrow Oncontrol devices. It provides anesthesia products, such as airway and pain management products to support hospital, emergency medicine, and military channels; and surgical products, including metal and polymer ligation clips, and fascial closure surgical systems that are used in laparoscopic surgical procedures, percutaneous surgical systems, and other surgical instruments. The company also offers interventional urology products comprising the UroLift System, an invasive technology for treating lower urinary tract symptoms due to benign prostatic hyperplasia; and respiratory products, including oxygen and aerosol therapies, spirometry, and ventilation management products for use in various care settings. It provides urology products, such as catheters, urine collectors, and catheterization accessories and products for operative endourology; and bladder management services. The company serves hospitals and healthcare providers, medical device manufacturers, and home care markets. The company was incorporated in 1943 and is headquartered in Wayne, Pennsylvania.

Teleflex Stock Down 0.1 %

TFX Stock traded down $0.18 during mid-day trading on Thursday, hitting $253.87. 220,316 shares of the company were exchanged, compared to its average volume of 377,913. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.43 and a current ratio of 2.27. The firm has a market cap of $11.91 billion, a P/E ratio of 23.60, a P/E/G ratio of 1.94 and a beta of 1.10. The firm's 50 day simple moving average is $256.29 and its 200 day simple moving average is $296.88. Teleflex has a 1-year low of $235.01 and a 1-year high of $405.89.

Teleflex (NYSE:TFX - Get Rating) last issued its earnings results on Thursday, July 28th. The medical technology company reported $3.39 earnings per share for the quarter, topping analysts' consensus estimates of $3.34 by $0.05. The business had revenue of $704.50 million for the quarter, compared to the consensus estimate of $719.50 million. Teleflex had a net margin of 18.16% and a return on equity of 16.84%. The firm's revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the company earned $3.35 earnings per share. On average, sell-side analysts predict that Teleflex will post 13.19 EPS for the current fiscal year.

Teleflex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Monday, August 15th will be issued a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date is Friday, August 12th. Teleflex's dividend payout ratio (DPR) is presently 12.64%.

Analysts Set New Price Targets

Several research firms have recently commented on TFX. TheStreet cut shares of Teleflex from a "b-" rating to a "c+" rating in a research note on Monday, May 16th. Wolfe Research assumed coverage on shares of Teleflex in a report on Tuesday, July 5th. They issued an "outperform" rating and a $300.00 price target for the company. Morgan Stanley lowered their price target on shares of Teleflex from $300.00 to $278.00 and set an "equal weight" rating for the company in a report on Friday, July 29th. StockNews.com cut shares of Teleflex from a "buy" rating to a "hold" rating in a research report on Friday, July 29th. Finally, Royal Bank of Canada reduced their price target on shares of Teleflex from $390.00 to $380.00 in a research report on Monday, May 23rd. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Teleflex has an average rating of "Moderate Buy" and an average target price of $340.09.

Insider Buying and Selling

In other Teleflex news, Director Stuart A. Randle sold 3,014 shares of the firm's stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $283.31, for a total value of $853,896.34. Following the sale, the director now owns 4,320 shares of the company's stock, valued at approximately $1,223,899.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.28% of the stock is currently owned by company insiders.

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TFX Stock News Headlines

Teleflex (NYSE:TFX) Rating Reiterated by Raymond James
Teleflex (NYSE:TFX) PT Lowered to $278.00 at Morgan Stanley
StockNews.com Lowers Teleflex (NYSE:TFX) to Hold
Teleflex (NYSE:TFX) Price Target Cut to $370.00
Teleflex Publishes 2021 Global Impact Report
Teleflex: Q2 Earnings Insights - Benzinga
See More Headlines
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TFX Company Calendar

Ex-Dividend for 6/15 Dividend
5/13/2022
Dividend Payable
6/15/2022
Last Earnings
7/28/2022
Today
8/11/2022
Ex-Dividend for 9/15 Dividend
8/12/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Sector
Medical
CUSIP
87936910
Employees
14,000
Year Founded
1943

Price Target and Rating

Average Stock Price Forecast
$340.09
High Stock Price Forecast
$485.00
Low Stock Price Forecast
$248.00
Forecasted Upside/Downside
+34.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$485.37 million
Pretax Margin
21.00%

Debt

Sales & Book Value

Annual Sales
$2.81 billion
Cash Flow
$19.00 per share
Book Value
$82.14 per share

Miscellaneous

Free Float
46,305,000
Market Cap
$11.91 billion
Optionable
Optionable
Beta
1.10

Social Links


Key Executives














TFX Stock - Frequently Asked Questions

Should I buy or sell Teleflex stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teleflex in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TFX shares.
View TFX analyst ratings
or view top-rated stocks.

What is Teleflex's stock price forecast for 2022?

11 Wall Street research analysts have issued 1 year price targets for Teleflex's stock. Their TFX share price forecasts range from $248.00 to $485.00. On average, they predict the company's share price to reach $340.09 in the next year. This suggests a possible upside of 32.6% from the stock's current price.
View analysts price targets for TFX
or view top-rated stocks among Wall Street analysts.

How have TFX shares performed in 2022?

Teleflex's stock was trading at $328.48 at the start of the year. Since then, TFX stock has decreased by 21.9% and is now trading at $256.44.
View the best growth stocks for 2022 here
.

Are investors shorting Teleflex?

Teleflex saw a increase in short interest in July. As of July 15th, there was short interest totaling 1,470,000 shares, an increase of 36.1% from the June 30th total of 1,080,000 shares. Based on an average trading volume of 385,200 shares, the short-interest ratio is currently 3.8 days.
View Teleflex's Short Interest
.

When is Teleflex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our TFX earnings forecast
.

How were Teleflex's earnings last quarter?

Teleflex Incorporated (NYSE:TFX) posted its quarterly earnings data on Thursday, July, 28th. The medical technology company reported $3.39 EPS for the quarter, beating analysts' consensus estimates of $3.34 by $0.05. The medical technology company had revenue of $704.50 million for the quarter, compared to analyst estimates of $719.50 million. Teleflex had a net margin of 18.16% and a trailing twelve-month return on equity of 16.84%. The firm's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the prior year, the business posted $3.35 earnings per share.
Read the conference call transcript
.

How often does Teleflex pay dividends? What is the dividend yield for Teleflex?

Teleflex announced a quarterly dividend on Thursday, July 28th. Shareholders of record on Monday, August 15th will be given a dividend of $0.34 per share on Thursday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date is Friday, August 12th.
Read our dividend analysis for TFX
.

Is Teleflex a good dividend stock?

Teleflex (NYSE:TFX) pays an annual dividend of $1.36 per share and currently has a dividend yield of 0.55%. The dividend payout ratio is 12.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TFX will have a dividend payout ratio of 9.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TFX.

What guidance has Teleflex issued on next quarter's earnings?

Teleflex issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $13.00-$13.40 for the period, compared to the consensus estimate of $13.97. The company issued revenue guidance of $2.80 billion-$2.83 billion, compared to the consensus revenue estimate of $2.89 billion.

What is Liam Kelly's approval rating as Teleflex's CEO?

73 employees have rated Teleflex Chief Executive Officer Liam Kelly on Glassdoor.com. Liam Kelly has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Teleflex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teleflex investors own include NVIDIA (NVDA), AbbVie (ABBV), Johnson & Johnson (JNJ), Alibaba Group (BABA), Lam Research (LRCX), ServiceNow (NOW), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Salesforce (CRM) and Cisco Systems (CSCO).

What is Teleflex's stock symbol?

Teleflex trades on the New York Stock Exchange (NYSE) under the ticker symbol "TFX."

Who are Teleflex's major shareholders?

Teleflex's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Ceredex Value Advisors LLC (1.66%), TD Asset Management Inc. (1.11%), Brown Advisory Inc. (0.86%), Marathon Asset Management Ltd (0.49%), Villere ST Denis J & Co. LLC (0.44%) and Swiss National Bank (0.43%). Insiders that own company stock include Andrew A Krakauer, Benson Smith, Cameron P Hicks, James J Leyden, John Deren, Liam Kelly, Stephen K MD Klasko, Stephen K MD Klasko, Stuart A Randle and Thomas E Powell.
View institutional ownership trends
.

How do I buy shares of Teleflex?

Shares of TFX 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.
Compare Top Brokerages Here.

What is Teleflex's stock price today?

One share of TFX stock can currently be purchased for approximately $256.44.

How much money does Teleflex make?

Teleflex (NYSE:TFX) has a market capitalization of $12.03 billion and generates $2.81 billion in revenue each year. The medical technology company earns $485.37 million in net income (profit) each year or $10.76 on an earnings per share basis.

How many employees does Teleflex have?

The company employs 14,000 workers across the globe.

When was Teleflex founded?

Teleflex was founded in 1943.

How can I contact Teleflex?

Teleflex's mailing address is 550 E SWEDESFORD RD, WAYNE PA, 19087. The official website for the company is www.teleflex.com. The medical technology company can be reached via phone at (610) 225-6800, via email at shareholder@broadridge.com, or via fax at 215-553-5402.

This page (NYSE:TFX) was last updated on 8/11/2022 by MarketBeat.com Staff

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