For its third fiscal quarter (ending September 30), Teleflex Inc (NYSE: TFX) has reported a -19% decline in E.P.S. from $2.93 a year ago to $2.37 in the current quarter. E.P.S. were $5.06 for the latest four quarters through September 30 versus $8.62 for the same period a year ago — a decline of -41%.
Recent Price Action
Teleflex Inc (NYSE: TFX) stock suffered a major decline of -14.5% on 10/31/24. The shares closed at $201.06. Moreover, exceptionally high trading volume at 483% of normal accompanied the decline. The stock has declined -15.5% during the last week and has performed in line with the market over the last nine months.
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 C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Teleflex has a neutral Appreciation Score of 52 and a neutral Power Rating of 55, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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