For its second fiscal quarter (ending June 30), Teleflex Inc (NYSE: TFX) has reported E.P.S. of $1.70 compared to $2.37 a year ago. For the latest four quarters through June 30, E.P.S. were $5.62 compared to $7.86 a year ago.
Recent Price Action
Teleflex Inc (NYSE: TFX) stock enjoyed a very large increase of 6.8% on 8/1/24. The shares closed at $235.95. Moreover, trading volume in this advance was unusually high at 161% of normal. The stock has been weak relative to the market over the last nine months but has risen 5.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TFX is expected to continue to be an important Value Builder.
Teleflex has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Teleflex has a neutral Appreciation Score of 46 but a poor Power Rating of 25, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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