Teledyne Technologies (NYSE:TDY) Issues FY 2025 Earnings Guidance

Teledyne Technologies (NYSE:TDY) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 21.100-21.500 for the period, compared to the consensus EPS estimate of 21.550. The company issued revenue guidance of -. Teledyne Technologies also updated its Q1 2025 guidance to 4.800-4.900 EPS.

Teledyne Technologies Stock Up 1.4 %

Shares of NYSE:TDY opened at $480.61 on Wednesday. Teledyne Technologies has a 12-month low of $355.41 and a 12-month high of $492.00. The stock has a market capitalization of $22.40 billion, a price-to-earnings ratio of 24.30, a PEG ratio of 2.96 and a beta of 1.01. The stock has a fifty day simple moving average of $471.72 and a two-hundred day simple moving average of $444.32. The company has a current ratio of 2.00, a quick ratio of 1.35 and a debt-to-equity ratio of 0.28.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results on Wednesday, October 23rd. The scientific and technical instruments company reported $5.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.97 by $0.13. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Teledyne Technologies had a net margin of 16.88% and a return on equity of 10.02%. Teledyne Technologies’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.05 EPS. On average, research analysts anticipate that Teledyne Technologies will post 19.45 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TDY. TD Cowen increased their price target on shares of Teledyne Technologies from $450.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, October 24th. StockNews.com raised Teledyne Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Bank of America raised Teledyne Technologies from a “neutral” rating to a “buy” rating and increased their price objective for the company from $450.00 to $550.00 in a research report on Friday, November 8th. UBS Group initiated coverage on Teledyne Technologies in a research report on Tuesday, December 10th. They issued a “buy” rating and a $585.00 target price for the company. Finally, Needham & Company LLC lifted their price target on shares of Teledyne Technologies from $528.00 to $550.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, Teledyne Technologies presently has an average rating of “Buy” and a consensus price target of $531.00.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,025 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $478.25, for a total value of $968,456.25. Following the completion of the sale, the director now owns 54,935 shares in the company, valued at approximately $26,272,663.75. This represents a 3.56 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Robert Mehrabian sold 46,075 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $487.33, for a total value of $22,453,729.75. Following the sale, the chairman now directly owns 171,802 shares in the company, valued at approximately $83,724,268.66. This represents a 21.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 53,525 shares of company stock worth $26,080,464 in the last three months. Corporate insiders own 1.88% of the company’s stock.

About Teledyne Technologies

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.