Fundamentals for Teledyne Technologies Incorporated
With a current ratio of 2.181, TDY has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating...
Business Operations:
Sector: TechnologyIndustry: Scientific & Technical Instruments
Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Europe, Asia, and internationally. The Digital Imaging provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra products, as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters. This segment offers cooled and uncooled infrared or thermal products, including sensors, camera cores, and camera systems; high-resolution, low-dose X-ray sensors, high-power microwave, and high-energy X-ray subsystems; and instruments for the measurement of physical properties and maritime products, as well as develops and manufactures multi-spectrum electro-optic/infrared imaging systems and associated products, such as lasers, optics, and radars, CBRNE (Chemical, Biological, Radiological, Nuclear and Explosive detectors), and unmanned air and ground systems. The Instrumentation segment provides monitoring, control, and electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks. The Aerospace and Defense Electronics segment offers electronic and optical components and subsystems, data acquisition and communications components and equipment, harsh environment interconnects, general aviation batteries and other components; and onboard avionics systems and ground-based applications, aircraft data and connectivity solutions, hardware systems, and software applications. The Engineered Systems segment provides systems engineering, integration and advanced technology development, and complex manufacturing solutions for defense, space, environmental, and energy applications; and designs and manufactures electrochemical energy systems and specialty electronics for military applications. The company was founded in 1960 and is headquartered in Thousand Oaks, California.
Revenue projections:
Financial Ratios:
| currentRatio | 2.18100 |
|---|---|
| forwardPE | 23.14266 |
| debtToEquity | 18.56500 |
| earningsGrowth | 0.21200 |
| revenueGrowth | 0.09800 |
| grossMargins | 0.43339 |
| operatingMargins | 0.20198 |
| trailingEps | 20.96000 |
| forwardEps | 26.78646 |
With a current ratio of 2.181, TDY has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that TDY is in a strong position to meet its immediate financial obligations without difficulty.
TDY's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
TDY's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health.
Teledyne Technologies Incorporated's positive gross and operating margins reflect its ability to generate profits from operations. These margins demonstrate efficient cost control and profitability, indicating strong financial health for the company.
With Teledyne Technologies Incorporated's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in Teledyne Technologies Incorporated's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
Insider Transactions:
4 sales of Teledyne Technologies Incorporated stock were made, with market price at 627.1299896240234 per share.During the period under review, no sell transactions were recorded.The trend of more buys than sells at TDY's current price levels suggests a possible bullish sentiment. This could indicate that investors are expecting a favorable outlook for the stock, prompting more buying activity.
Recommendation changes over time:
Analysts' buy bias toward Teledyne Technologies Incorporated suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, Teledyne Technologies Incorporated is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.