Teleflex - TFX Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Teleflex in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TFX shares.
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10 brokerages have issued 1 year price targets for Teleflex's stock. Their TFX share price forecasts range from $241.00 to $430.00. On average, they anticipate the company's stock price to reach $322.70 in the next year. This suggests a possible upside of 55.2% from the stock's current price.
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Teleflex's stock was trading at $328.48 on January 1st, 2022. Since then, TFX shares have decreased by 36.7% and is now trading at $207.96.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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Teleflex Incorporated (NYSE:TFX) announced its earnings results on Thursday, July, 28th. The medical technology company reported $3.39 earnings per share for the quarter, topping the consensus estimate 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 trailing twelve-month return on equity of 16.84% and a net margin of 18.16%. The company's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the previous year, the company earned $3.35 earnings per share.
Read the conference call transcript.

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 yield of 0.65%. The ex-dividend date of this dividend is Friday, August 12th.
Read our dividend analysis for TFX.

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 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 9.61% next year. This indicates that the company will be able to sustain or increase its dividend.
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Teleflex issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $13.00-$13.40 for the period, compared to the consensus earnings per share 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.

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 many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (17.77%), State Street Corp (4.22%), Ceredex Value Advisors LLC (1.66%), TD Asset Management Inc. (1.11%), DF Dent & Co. Inc. (1.03%) and Northern Trust Corp (1.03%). 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.
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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 $207.96.

Teleflex (NYSE:TFX) has a market capitalization of $9.75 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.

The company employs 14,000 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.