The Analyst Verdict: Teledyne Technologies In The Eyes Of 4 Experts

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Across the recent three months, 4 analysts have shared their insights on Teledyne Technologies TDY, expressing a variety of opinions spanning from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 0 0 0 0
Last 30D 1 0 0 0 0
1M Ago 1 0 0 0 0
2M Ago 2 0 0 0 0
3M Ago 0 0 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $540.75, a high estimate of $585.00, and a low estimate of $500.00. Witnessing a positive shift, the current average has risen by 8.97% from the previous average price target of $496.25.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

An in-depth analysis of recent analyst actions unveils how financial experts perceive Teledyne Technologies. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Damian Karas UBS Raises Buy $585.00 $525.00
James Ricchiuti Needham Raises Buy $550.00 $528.00
Joseph Giordano TD Cowen Raises Buy $500.00 $450.00
James Ricchiuti Needham Raises Buy $528.00 $482.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Teledyne Technologies. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Teledyne Technologies compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Teledyne Technologies's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

To gain a panoramic view of Teledyne Technologies's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Teledyne Technologies analyst ratings.

Get to Know Teledyne Technologies Better

Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.

Understanding the Numbers: Teledyne Technologies's Finances

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: Teledyne Technologies displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 2.92%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Teledyne Technologies's net margin excels beyond industry benchmarks, reaching 18.15%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Teledyne Technologies's ROE stands out, surpassing industry averages. With an impressive ROE of 2.77%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Teledyne Technologies's ROA excels beyond industry benchmarks, reaching 1.82%. This signifies efficient management of assets and strong financial health.

Debt Management: With a below-average debt-to-equity ratio of 0.29, Teledyne Technologies adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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