Teledyne Technologies (NYSE:TDY) Issues FY 2025 Earnings Guidance

Teledyne Technologies (NYSE:TDY - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 21.100-21.500 for the period, compared to the consensus estimate of 21.550. The company issued revenue guidance of -. Teledyne Technologies also updated its FY25 guidance to $21.10-21.50 EPS.

Analysts Set New Price Targets

TDY has been the subject of a number of research reports. TD Cowen upped their price objective on shares of Teledyne Technologies from $450.00 to $500.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. StockNews.com upgraded Teledyne Technologies from a "hold" rating to a "buy" rating in a research report on Wednesday, October 2nd. Needham & Company LLC increased their target price on Teledyne Technologies from $528.00 to $550.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Bank of America raised Teledyne Technologies from a "neutral" rating to a "buy" rating and increased their price objective for the company from $450.00 to $550.00 in a research note on Friday, November 8th. Finally, UBS Group started coverage on Teledyne Technologies in a research note on Tuesday, December 10th. They issued a "buy" rating and a $585.00 target price for the company. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $531.00.

Teledyne Technologies Trading Up 6.0 %

NYSE:TDY traded up $28.67 on Wednesday, hitting $509.08. 437,186 shares of the stock were exchanged, compared to its average volume of 233,593. The stock has a market cap of $23.72 billion, a PE ratio of 25.71, a PEG ratio of 2.96 and a beta of 1.01. The company has a current ratio of 2.00, a quick ratio of 1.35 and a debt-to-equity ratio of 0.28. The stock has a fifty day moving average of $471.72 and a 200-day moving average of $444.32. Teledyne Technologies has a fifty-two week low of $355.41 and a fifty-two week high of $515.99.

Teledyne Technologies (NYSE:TDY - Get Free Report) last released its earnings results on Wednesday, January 22nd. The scientific and technical instruments company reported $5.52 EPS for the quarter, topping analysts' consensus estimates of $5.23 by $0.29. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1,451,400 billion. Teledyne Technologies had a return on equity of 10.02% and a net margin of 16.88%. Teledyne Technologies's quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the business posted $5.44 EPS. As a group, equities analysts expect that Teledyne Technologies will post 19.45 earnings per share for the current fiscal year.

Insider Transactions at Teledyne Technologies

In other news, Director Michael T. Smith sold 2,025 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $478.25, for a total value of $968,456.25. Following the sale, the director now directly owns 54,935 shares in the company, valued at approximately $26,272,663.75. This represents a 3.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman Robert Mehrabian sold 3,925 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $490.50, for a total value of $1,925,212.50. Following the completion of the transaction, the chairman now owns 171,802 shares in the company, valued at $84,268,881. The trade was a 2.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 53,525 shares of company stock valued at $26,080,464 over the last three months. Company insiders own 1.88% of the company's stock.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.