Teledyne Technologies (TDY) Given Daily News Impact Score of 0.23

Media coverage about Teledyne Technologies (NYSE:TDY) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Teledyne Technologies earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave press coverage about the scientific and technical instruments company an impact score of 46.9734025303868 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Teledyne Technologies (NYSE:TDY) traded up $4.03 during trading hours on Wednesday, reaching $186.28. 147,586 shares of the company were exchanged, compared to its average volume of 178,535. Teledyne Technologies has a 1 year low of $121.58 and a 1 year high of $201.40. The company has a current ratio of 1.90, a quick ratio of 1.15 and a debt-to-equity ratio of 0.55. The stock has a market cap of $6,600.00, a price-to-earnings ratio of 29.85, a price-to-earnings-growth ratio of 3.18 and a beta of 1.03.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Thursday, February 1st. The scientific and technical instruments company reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.21. Teledyne Technologies had a net margin of 8.73% and a return on equity of 14.06%. The firm had revenue of $704.40 million for the quarter, compared to analyst estimates of $669.25 million. During the same period last year, the firm posted $1.64 EPS. Teledyne Technologies’s quarterly revenue was up 27.4% on a year-over-year basis. equities research analysts anticipate that Teledyne Technologies will post 7.55 earnings per share for the current year.

A number of equities analysts recently weighed in on the stock. Jefferies Group lifted their price objective on shares of Teledyne Technologies from $150.00 to $170.00 and gave the company a “hold” rating in a research report on Friday, November 3rd. Needham & Company LLC lifted their price objective on shares of Teledyne Technologies from $157.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Zacks Investment Research upgraded shares of Teledyne Technologies from a “hold” rating to a “buy” rating and set a $213.00 price objective on the stock in a research report on Tuesday, February 6th. Finally, ValuEngine lowered shares of Teledyne Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Teledyne Technologies has an average rating of “Buy” and a consensus target price of $196.00.

In other Teledyne Technologies news, VP Cynthia Y. Belak sold 4,000 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $185.19, for a total transaction of $740,760.00. Following the sale, the vice president now directly owns 6,903 shares in the company, valued at approximately $1,278,366.57. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Cynthia Y. Belak sold 1,700 shares of the business’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $185.44, for a total transaction of $315,248.00. Following the sale, the vice president now owns 6,903 shares in the company, valued at $1,280,092.32. The disclosure for this sale can be found here. Over the last quarter, insiders sold 16,652 shares of company stock worth $3,050,124. 3.30% of the stock is currently owned by insiders.

COPYRIGHT VIOLATION WARNING: “Teledyne Technologies (TDY) Given Daily News Impact Score of 0.23” was published by Markets Daily and is the sole property of of Markets Daily. If you are viewing this story on another domain, it was copied illegally and republished in violation of United States and international copyright laws. The legal version of this story can be viewed at https://www.themarketsdaily.com/2018/02/15/teledyne-technologies-tdy-given-daily-news-impact-score-of-0-23.html.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets. The Company’s segments include Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. Instrumentation segment provides monitoring and control instruments for marine, environmental, industrial and other applications, as well as electronic test and measurement equipment.

Insider Buying and Selling by Quarter for Teledyne Technologies (NYSE:TDY)

Receive News & Ratings for Teledyne Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teledyne Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply