Teleflex Incorporated (NYSE:TFX) Given Average Recommendation of “Hold” by Analysts

Shares of Teleflex Incorporated (NYSE:TFX) have earned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $140.8333.

TFX has been the topic of a number of recent analyst reports. Truist Financial raised their target price on shares of Teleflex from $120.00 to $135.00 and gave the company a “hold” rating in a research note on Thursday, December 18th. Needham & Company LLC boosted their price target on shares of Teleflex from $138.00 to $147.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Wall Street Zen lowered shares of Teleflex from a “hold” rating to a “sell” rating in a report on Saturday, March 7th. Weiss Ratings restated a “sell (d)” rating on shares of Teleflex in a research report on Monday, December 29th. Finally, Wells Fargo & Company lifted their price objective on shares of Teleflex from $116.00 to $130.00 and gave the stock an “equal weight” rating in a report on Friday, February 27th.

Hedge Funds Weigh In On Teleflex

Several institutional investors have recently modified their holdings of TFX. Empowered Funds LLC boosted its stake in Teleflex by 15.8% in the first quarter. Empowered Funds LLC now owns 1,684 shares of the medical technology company’s stock worth $233,000 after buying an additional 230 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Teleflex by 42.6% during the first quarter. Jane Street Group LLC now owns 6,343 shares of the medical technology company’s stock worth $877,000 after acquiring an additional 1,895 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its stake in shares of Teleflex by 2.0% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 17,235 shares of the medical technology company’s stock worth $2,040,000 after acquiring an additional 332 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Teleflex by 2.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,345 shares of the medical technology company’s stock worth $1,343,000 after acquiring an additional 231 shares during the last quarter. Finally, Creative Planning lifted its holdings in shares of Teleflex by 76.5% in the 2nd quarter. Creative Planning now owns 10,338 shares of the medical technology company’s stock worth $1,224,000 after acquiring an additional 4,480 shares during the last quarter. 95.62% of the stock is currently owned by institutional investors.

Teleflex Price Performance

Shares of NYSE TFX opened at $106.57 on Friday. The firm has a market capitalization of $4.71 billion, a P/E ratio of -5.19, a P/E/G ratio of 0.66 and a beta of 0.87. The company has a quick ratio of 2.01, a current ratio of 2.54 and a debt-to-equity ratio of 0.81. The stock’s 50-day simple moving average is $108.58 and its two-hundred day simple moving average is $116.96. Teleflex has a twelve month low of $100.18 and a twelve month high of $142.96.

Teleflex (NYSE:TFX) last released its quarterly earnings results on Thursday, February 26th. The medical technology company reported $1.93 earnings per share for the quarter, missing the consensus estimate of $3.73 by ($1.80). Teleflex had a negative net margin of 30.56% and a positive return on equity of 14.30%. The business had revenue of $569.00 million during the quarter, compared to analysts’ expectations of $912.57 million. During the same period in the previous year, the business earned $3.89 EPS. The business’s revenue was down 28.5% on a year-over-year basis. Teleflex has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, equities analysts anticipate that Teleflex will post 13.98 EPS for the current fiscal year.

Teleflex Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 6th will be given a dividend of $0.34 per share. The ex-dividend date is Friday, March 6th. This represents a $1.36 dividend on an annualized basis and a yield of 1.3%. Teleflex’s dividend payout ratio (DPR) is presently -6.62%.

About Teleflex

Teleflex Incorporated is a diversified global provider of medical technologies, specializing in critical care and surgery. Headquartered in Wayne, Pennsylvania, the company designs, manufactures and distributes devices and solutions used by healthcare professionals in hospital, ambulatory and alternate site settings. Teleflex focuses on delivering products that support complex interventional procedures and improve patient outcomes.

The company’s offerings span several key segments, including Interventional Urology, Respiratory & Anesthesia, Surgical, Cardiac Care, Vascular and Original Equipment Manufacturer (OEM) solutions.