Teledyne Technologies (NYSE:TDY – Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.800-4.900 for the period, compared to the consensus estimate of 5.020. The company issued revenue guidance of -. Teledyne Technologies also updated its FY 2025 guidance to 21.100-21.500 EPS.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. StockNews.com raised Teledyne Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. UBS Group started coverage on Teledyne Technologies in a report on Tuesday, December 10th. They issued a “buy” rating and a $585.00 target price for the company. Bank of America upgraded Teledyne Technologies from a “neutral” rating to a “buy” rating and upped their price target for the company from $450.00 to $550.00 in a research report on Friday, November 8th. Needham & Company LLC raised their price objective on Teledyne Technologies from $528.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Finally, TD Cowen increased their target price on shares of Teledyne Technologies from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $531.00.
Get Our Latest Stock Report on TDY
Teledyne Technologies Stock Up 6.5 %
Teledyne Technologies (NYSE:TDY – Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The scientific and technical instruments company reported $5.52 earnings per share for the quarter, topping the consensus estimate of $5.23 by $0.29. Teledyne Technologies had a net margin of 16.88% and a return on equity of 10.02%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1,451,400 billion. During the same quarter in the prior year, the company posted $5.44 earnings per share. The business’s revenue was up 5.4% on a year-over-year basis. As a group, sell-side analysts predict that Teledyne Technologies will post 19.45 EPS for the current fiscal year.
Insider Transactions at Teledyne Technologies
In other news, Vice Chairman Jason Vanwees sold 1,500 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $488.71, for a total value of $733,065.00. Following the completion of 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 through this hyperlink. Also, Director Michael T. Smith sold 2,025 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $478.25, for a total transaction of $968,456.25. Following the transaction, the director now owns 54,935 shares of the company’s stock, valued at approximately $26,272,663.75. The trade was a 3.56 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 53,525 shares of company stock worth $26,080,464 in the last quarter. 2.14% of the stock is currently owned by corporate insiders.
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.
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