Teledyne Technologies (TDY) Given Daily Media Impact Score of 0.09
News headlines about Teledyne Technologies (NYSE:TDY) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Teledyne Technologies earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the scientific and technical instruments company an impact score of 44.1518736643073 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
TDY has been the topic of a number of research reports. Needham & Company LLC reiterated a “buy” rating and issued a $157.00 target price (up from $148.00) on shares of Teledyne Technologies in a report on Wednesday, August 9th. BidaskClub upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Zacks Investment Research upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating and set a $166.00 target price on the stock in a report on Tuesday, August 8th. ValuEngine upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating in a report on Friday, September 8th. Finally, Jefferies Group LLC boosted their target price on shares of Teledyne Technologies from $150.00 to $170.00 and gave the stock a “hold” rating in a report on Friday, November 3rd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $175.33.
Teledyne Technologies (TDY) traded up $1.33 during mid-day trading on Friday, hitting $185.14. 95,628 shares of the stock were exchanged, compared to its average volume of 166,227. Teledyne Technologies has a twelve month low of $119.67 and a twelve month high of $185.66. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.98 and a quick ratio of 1.16. The firm has a market capitalization of $6,540.00, a price-to-earnings ratio of 27.81, a P/E/G ratio of 3.66 and a beta of 1.01.
Teledyne Technologies (NYSE:TDY) last released its quarterly earnings results on Thursday, November 2nd. The scientific and technical instruments company reported $1.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.62 by $0.34. Teledyne Technologies had a net margin of 8.67% and a return on equity of 14.18%. The business had revenue of $662.20 million for the quarter, compared to analyst estimates of $656.20 million. During the same quarter in the previous year, the business earned $1.46 earnings per share. The firm’s revenue was up 25.7% compared to the same quarter last year. equities research analysts predict that Teledyne Technologies will post 6.7 EPS for the current fiscal year.
In other news, CFO Sue Main sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $183.88, for a total transaction of $1,287,160.00. Following the sale, the chief financial officer now owns 40,874 shares in the company, valued at $7,515,911.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Schack Wesley W. Von sold 1,206 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $182.73, for a total transaction of $220,372.38. The disclosure for this sale can be found here. Insiders have sold 18,706 shares of company stock worth $3,280,467 in the last 90 days. 3.30% of the stock is owned by company insiders.
About Teledyne Technologies
Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets. The Company’s segments include Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. Instrumentation segment provides monitoring and control instruments for marine, environmental, industrial and other applications, as well as electronic test and measurement equipment.
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