Teleflex (TFX) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Teleflex in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TFX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TFX, but not buy additional shares or sell existing shares.
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12 Wall Street analysts have issued twelve-month target prices for Teleflex's stock. Their TFX share price forecasts range from $210.00 to $315.00. On average, they expect the company's share price to reach $268.92 in the next year. This suggests a possible upside of 33.1% from the stock's current price.
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Teleflex's stock was trading at $249.63 on January 1st, 2023. Since then, TFX shares have decreased by 19.1% and is now trading at $202.00.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our TFX earnings forecast.

Teleflex Incorporated (NYSE:TFX) posted its earnings results on Thursday, August, 3rd. The medical technology company reported $3.41 EPS for the quarter, beating analysts' consensus estimates of $3.21 by $0.20. The medical technology company had revenue of $743.30 million for the quarter, compared to analyst estimates of $729.87 million. Teleflex had a trailing twelve-month return on equity of 15.48% and a net margin of 12.71%. The firm's revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.39 earnings per share.
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Teleflex declared a quarterly dividend on Thursday, August 3rd. Investors of record on Friday, September 15th will be paid a dividend of $0.34 per share on Friday, September 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for TFX.

ETFs with the largest weight of Teleflex (NYSE:TFX) stock in their portfolio include First Trust Indxx Medical Devices ETF (MDEV), SPDR S&P Health Care Equipment ETF (XHE), Invesco S&P 500 Equal Weight Health Care ETF (RYH), Invesco S&P 500 Equal Weight Health Care ETF (RSPH), iShares U.S. Medical Devices ETF (IHI), Mid Cap US Equity Select ETF (RNMC), T. Rowe Price Capital Appreciation Equity ETF (TCAF) and Global X Aging Population ETF (AGNG).

Teleflex (NYSE:TFX) pays an annual dividend of $1.36 per share and currently has a dividend yield of 0.67%. The dividend payout ratio is 17.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TFX will have a dividend payout ratio of 9.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TFX.

Teleflex updated its FY23 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of $13.00-13.60 for the period, compared to the consensus estimate of $13.29. The company issued revenue guidance of +5.8%-6.55% to $2.93-2.97 billion, compared to the consensus revenue estimate of $2.94 billion.

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.

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).

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

Teleflex's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.43%), State Street Corp (5.03%), Geode Capital Management LLC (2.11%), Allspring Global Investments Holdings LLC (1.37%), Bessemer Group Inc. (1.17%) and TD Asset Management Inc (1.00%). Insiders that own company stock include Andrew A Krakauer, Cameron P Hicks, Liam Kelly, Stephen K MD Klasko, Stephen K MD Klasko and Stuart A Randle.
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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.
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One share of TFX stock can currently be purchased for approximately $202.00.

Teleflex (NYSE:TFX) has a market capitalization of $9.49 billion and generates $2.79 billion in revenue each year. The medical technology company earns $363.14 million in net income (profit) each year or $7.79 on an earnings per share basis.

The company employs 15,500 workers across the globe.

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.