Teledyne Technologies Inc [NYSE: TDY] price surged by 0.38 percent to reach at $1.81.
The one-year TDY stock forecast points to a potential upside of 12.65. The average equity rating for TDY stock is currently 1.46, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Teledyne Technologies Inc [TDY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TDY shares is $542.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TDY stock is a recommendation set at 1.46. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Teledyne Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 10, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $450 to $550. The new note on the price target was released on November 08, 2024, representing the official price target for Teledyne Technologies Inc stock. Previously, the target price had yet another raise to $470, while Vertical Research analysts kept a Buy rating on TDY stock. On April 26, 2024, analysts decreased their price target for TDY shares from 490 to 400.
The Average True Range (ATR) for Teledyne Technologies Inc is set at 7.63, with the Price to Sales ratio for TDY stock in the period of the last 12 months amounting to 3.95. The Price to Book ratio for the last quarter was 2.30, with the Price to Cash per share for the same quarter was set at 12.04. Price to Free Cash Flow for TDY in the course of the last twelve months was 23.77 with Quick ratio for the last quarter at 1.35.
TDY Stock Performance Analysis:
Teledyne Technologies Inc [TDY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.83. With this latest performance, TDY shares dropped by -0.43% in over the last four-week period, additionally plugging by 18.73% over the last 6 months – not to mention a rise of 11.40% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TDY stock in for the last two-week period is set at 56.72, with the RSI for the last a single of trading hit 62.42, and the three-weeks RSI is set at 54.66 for Teledyne Technologies Inc [TDY]. The present Moving Average for the last 50 days of trading for this stock 472.37, while it was recorded at 468.33 for the last single week of trading, and 427.78 for the last 200 days.
Insight into Teledyne Technologies Inc Fundamentals:
Teledyne Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.35 and a Current Ratio set at 2.00.
TDY Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TDY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Teledyne Technologies Inc go to 7.41%.
Teledyne Technologies Inc [TDY] Institutonal Ownership Details
There are presently around $92.28%, or 93.34%% of TDY stock, in the hands of institutional investors. The top three institutional holders of TDY stocks are: VANGUARD GROUP INC with ownership of 5.56 million shares, which is approximately 11.7568%. PRICE T ROWE ASSOCIATES INC /MD/, holding 4.34 million shares of the stock with an approximate value of $$1.68 billion in TDY stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $$1.39 billion in TDY stock with ownership which is approximately 7.5524%.
