For its third fiscal quarter (ending September 30), Teledyne Technologies Inc. (NYSE: TDY) has reported E.P.S. of $5.54 compared to $4.22 a year ago. For the latest four quarters through September 30, E.P.S. were $19.83 versus $16.81 for the same period a year ago.
Recent Price Action
Teledyne Technologies Inc. (NYSE: TDY) stock enjoyed a very large increase of 6.0% on 10/23/24. The shares closed at $470.09. Moreover, trading volume in this advance was exceptionally high at 243% of normal. The stock has risen 4.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
TDY’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Teledyne Technologies has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Teledyne Technologies has a neutral Appreciation Score of 49 and a neutral Power Rating of 59, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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