Teledyne Technologies (TDY) Competitors

$406.43
+4.17 (+1.04%)
(As of 05/17/2024 ET)

TDY vs. NOC, DRS, LHX, LDOS, TXT, CW, HII, ESLT, HEI, and FTAI

Should you be buying Teledyne Technologies stock or one of its competitors? The main competitors of Teledyne Technologies include Northrop Grumman (NOC), Leonardo DRS (DRS), L3Harris Technologies (LHX), Leidos (LDOS), Textron (TXT), Curtiss-Wright (CW), Huntington Ingalls Industries (HII), Elbit Systems (ESLT), HEICO (HEI), and FTAI Aviation (FTAI). These companies are all part of the "aerospace" sector.

Teledyne Technologies vs.

Teledyne Technologies (NYSE:TDY) and Northrop Grumman (NYSE:NOC) are both large-cap aerospace companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, community ranking, institutional ownership, risk, earnings, media sentiment, dividends and valuation.

In the previous week, Northrop Grumman had 6 more articles in the media than Teledyne Technologies. MarketBeat recorded 21 mentions for Northrop Grumman and 15 mentions for Teledyne Technologies. Teledyne Technologies' average media sentiment score of 0.82 beat Northrop Grumman's score of 0.51 indicating that Teledyne Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Teledyne Technologies
7 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Northrop Grumman
6 Very Positive mention(s)
0 Positive mention(s)
13 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

91.6% of Teledyne Technologies shares are held by institutional investors. Comparatively, 83.4% of Northrop Grumman shares are held by institutional investors. 2.1% of Teledyne Technologies shares are held by company insiders. Comparatively, 0.2% of Northrop Grumman shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Teledyne Technologies has a beta of 1.04, meaning that its stock price is 4% more volatile than the S&P 500. Comparatively, Northrop Grumman has a beta of 0.34, meaning that its stock price is 66% less volatile than the S&P 500.

Teledyne Technologies presently has a consensus price target of $470.83, suggesting a potential upside of 15.85%. Northrop Grumman has a consensus price target of $514.33, suggesting a potential upside of 9.38%. Given Teledyne Technologies' stronger consensus rating and higher probable upside, equities research analysts clearly believe Teledyne Technologies is more favorable than Northrop Grumman.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Teledyne Technologies
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Northrop Grumman
1 Sell rating(s)
6 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.27

Northrop Grumman has higher revenue and earnings than Teledyne Technologies. Teledyne Technologies is trading at a lower price-to-earnings ratio than Northrop Grumman, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Teledyne Technologies$5.64B3.42$885.70M$18.4921.98
Northrop Grumman$39.29B1.77$2.06B$14.3032.88

Northrop Grumman received 269 more outperform votes than Teledyne Technologies when rated by MarketBeat users. However, 66.43% of users gave Teledyne Technologies an outperform vote while only 62.33% of users gave Northrop Grumman an outperform vote.

CompanyUnderperformOutperform
Teledyne TechnologiesOutperform Votes
378
66.43%
Underperform Votes
191
33.57%
Northrop GrummanOutperform Votes
647
62.33%
Underperform Votes
391
37.67%

Teledyne Technologies has a net margin of 15.81% compared to Northrop Grumman's net margin of 5.38%. Northrop Grumman's return on equity of 24.09% beat Teledyne Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Teledyne Technologies15.81% 10.54% 6.57%
Northrop Grumman 5.38%24.09%7.88%

Summary

Teledyne Technologies beats Northrop Grumman on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TDY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TDY vs. The Competition

MetricTeledyne TechnologiesSearch & navigation equipment IndustryAerospace SectorNYSE Exchange
Market Cap$19.06B$12.71B$16.45B$18.06B
Dividend YieldN/A1.80%1.37%3.44%
P/E Ratio21.9815.8219.0522.17
Price / Sales3.4240.4320.7710.69
Price / Cash15.0732.2721.4820.09
Price / Book2.0612.684.586.01
Net Income$885.70M$431.87M$435.21M$966.25M
7 Day Performance3.29%-1.03%0.23%1.87%
1 Month Performance1.58%5.38%4.46%7.16%
1 Year Performance-2.70%20.93%19.73%21.68%

Teledyne Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NOC
Northrop Grumman
4.0261 of 5 stars
$474.32
-0.5%
$514.33
+8.4%
+5.1%$70.19B$39.29B33.17101,000Dividend Increase
DRS
Leonardo DRS
1.0227 of 5 stars
$22.97
+0.6%
$25.00
+8.8%
+52.0%$6.04B$2.83B32.816,600Positive News
LHX
L3Harris Technologies
4.4307 of 5 stars
$221.13
+0.2%
$231.80
+4.8%
+20.3%$41.94B$19.42B35.9050,000Short Interest ↓
LDOS
Leidos
4.2432 of 5 stars
$146.59
+0.3%
$145.67
-0.6%
+89.3%$19.82B$15.44B63.1947,000Short Interest ↑
TXT
Textron
3.5025 of 5 stars
$88.08
+0.2%
$95.63
+8.6%
+38.4%$16.80B$13.68B18.8235,000Insider Selling
Analyst Revision
CW
Curtiss-Wright
3.54 of 5 stars
$274.48
+0.5%
$277.00
+0.9%
+68.4%$10.51B$2.85B28.278,600Dividend Increase
Positive News
HII
Huntington Ingalls Industries
4.1459 of 5 stars
$251.51
-1.0%
$267.33
+6.3%
+27.4%$9.92B$11.45B14.1844,000
ESLT
Elbit Systems
1.1371 of 5 stars
$199.50
+1.0%
N/A-0.7%$8.87B$5.97B41.3018,984Short Interest ↑
HEI
HEICO
1.2575 of 5 stars
$209.97
+0.0%
$206.00
-1.9%
+21.3%$29.05B$2.97B68.629,600Short Interest ↑
FTAI
FTAI Aviation
3.2473 of 5 stars
$78.48
+2.4%
$68.95
-12.1%
+174.3%$7.87B$1.17B35.84170Positive News

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This page (NYSE:TDY) was last updated on 5/18/2024 by MarketBeat.com Staff

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