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

Teledyne Technologies (NYSE:TDY) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 21.100-21.500 for the period, compared to the consensus EPS 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

A number of equities research analysts have commented on TDY shares. StockNews.com upgraded Teledyne Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. UBS Group initiated coverage on Teledyne Technologies in a report on Tuesday, December 10th. They issued a “buy” rating and a $585.00 target price on the stock. Bank of America upgraded shares of Teledyne Technologies from a “neutral” rating to a “buy” rating and raised their price target for the stock from $450.00 to $550.00 in a report on Friday, November 8th. Needham & Company LLC upped their price objective on shares of Teledyne Technologies from $528.00 to $550.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Finally, TD Cowen lifted their target price 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. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $531.00.

Teledyne Technologies Price Performance

Teledyne Technologies stock opened at $515.10 on Friday. The stock has a market capitalization of $24.00 billion, a price-to-earnings ratio of 29.90, a PEG ratio of 3.24 and a beta of 1.01. Teledyne Technologies has a 52-week low of $355.41 and a 52-week high of $518.85. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.35 and a current ratio of 2.33. The stock’s 50 day moving average price is $472.07 and its two-hundred day moving average price is $445.49.

Teledyne Technologies (NYSE:TDY) last posted its quarterly 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. Teledyne Technologies had a net margin of 14.45% and a return on equity of 9.94%. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1,451,400 billion. During the same period last year, the company posted $5.44 earnings per share. The business’s quarterly revenue was up 5.4% on a year-over-year basis. On average, equities analysts predict that Teledyne Technologies will post 21.3 earnings per share for the current year.

Insider Buying and Selling at Teledyne Technologies

In related news, Vice Chairman Jason Vanwees sold 1,500 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $488.71, for a total value of $733,065.00. Following the sale, the insider now owns 2,900 shares in the company, valued at $1,417,259. This represents a 34.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Robert Mehrabian sold 3,925 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $490.50, for a total value of $1,925,212.50. Following the sale, the chairman now directly owns 171,802 shares of the company’s stock, valued at $84,268,881. This represents a 2.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 53,525 shares of company stock valued at $26,080,464. Company insiders own 2.14% of the company’s stock.

About Teledyne Technologies

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.