Analyst Ratings for Teledyne Technologies Inc. (TDY)

Updated: 2017-07-26

Shares of Teledyne Technologies Inc. (NYSE:TDY) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, TDY was issued an average rating of Hold.

3 analysts issued ratings on the stock, where 1 gave TDY a buy rating, 0 issued an overweight rating, 2 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for TDY by the analysts covering the stock. The most optimistic price target was 148, implying potential capital gains of 8.74 percent. The most pessimistic analyst gave a price target of 145, implying a possible loss of 6.54 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 4.62 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.19 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of TDY's earnings is estimated by analysts to be 10.4 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. TDY has a PEG ratio of 2.57.

TDY has a 52-week high of 138.74 and a 52-week low of 101.90. The current market price is above the trailing year's low by 33.56 percent, and below the high by 1.9 percent. TDY has a price/earnings ratio of 26.76. Investors typically compare the P/E ratio to a company's peers in the industry. The TDY value stock report compares TDY to some of its peers using value stock charts. The stock has a market capitalization of $4.85 billion. TDY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.