Teledyne Tech downgraded by BofA Securities with a new price target
$TDY
Industrial Machinery/Components
Industrials
BofA Securities downgraded Teledyne Tech from Buy to Neutral and set a new price target of $400.00 from $490.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2024 | $450.00 → $550.00 | Neutral → Buy | BofA Securities |
| 7/23/2024 | $470.00 | Buy | Vertical Research |
| 4/26/2024 | $490.00 → $400.00 | Buy → Neutral | BofA Securities |
| 12/22/2023 | $455.00 → $522.00 | Buy | Needham |
| 10/5/2023 | $530.00 | Outperform | Exane BNP Paribas |
| 9/27/2023 | $495.00 | Buy | UBS |
| 8/14/2023 | $423.00 → $495.00 | Neutral → Buy | Goldman |
| 12/13/2022 | $503.00 | Outperform | Credit Suisse |
4 - TELEDYNE TECHNOLOGIES INC (0001094285) (Issuer)
4 - TELEDYNE TECHNOLOGIES INC (0001094285) (Issuer)
4 - TELEDYNE TECHNOLOGIES INC (0001094285) (Issuer)
Teledyne Technologies Incorporated (NYSE:TDY): Orders exceeded sales for the fourth consecutive quarter All-time record quarterly sales of $1,443.5 million, an increase of 2.9% compared with last year Third quarter GAAP operating margin of 18.8% and third quarter non-GAAP operating margin of 22.5% Record third quarter GAAP diluted earnings per share of $5.54 and non-GAAP diluted earnings per share of $5.10 Third quarter cash from operations of $249.8 million and free cash flow of $228.7 million Raising full year 2024 GAAP diluted earnings per share outlook to $17.28 to $17.42, compared with the prior outlook of $15.87 to $16.13, and narrowing full year 2024 non-GAAP earnings per
Teledyne Technologies Incorporated (NYSE:TDY) will hold a conference call to discuss its third quarter 2024 results on Wednesday, October 23, 2024, at 8:00 a.m. Pacific. A press release with the third quarter financial results will be issued before the opening of the New York Stock Exchange on Wednesday, October 23, 2024. To access the call, go to www.teledyne.com/investors/events-and-presentations approximately ten minutes before the scheduled start time. A replay will be available at this website for approximately one month starting at 9:00 a.m. Pacific on Wednesday, October 23, 2024. Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, ins
Teledyne Technologies Incorporated (NYSE:TDY): Orders exceeded sales for the third consecutive quarter Second quarter sales of $1,374.1 million Second quarter GAAP operating margin of 18.0% and second quarter non-GAAP operating margin of 21.6% GAAP diluted earnings per share of $3.77 and second quarter non-GAAP diluted earnings per share of $4.58 All-time record cash from operations of $318.7 million and free cash flow of $301.0 million Full year 2024 GAAP diluted earnings per share outlook of $15.87 to $16.13 and affirming full year 2024 non-GAAP earnings per share outlook of $19.25 to $19.45 Debt maturity payment of $450 million Completed the acquisitions of Valepo
Needham analyst James Ricchiuti maintains Teledyne Technologies (NYSE:TDY) with a Buy and raises the price target from $455 to $482.
Teledyne Technologies (NYSE:TDY) reported quarterly earnings of $4.58 per share which beat the analyst consensus estimate of $4.49 by 2 percent. This is a 1.93 percent decrease over earnings of $4.67 per share from the same period last year. The company reported quarterly sales of $1.37 billion which beat the analyst consensus estimate of $1.36 billion by 1.03 percent. This is a 3.58 percent decrease over sales of $1.43 billion the same period last year.
Teledyne Technologies Incorporated (NYSE:TDY) ("Teledyne") announced today that it has entered into an agreement to acquire select aerospace and defense electronics businesses from Excelitas Technologies Corp. ("Excelitas") for $710 million in cash. The acquisition includes the Optical Systems (OS) business known under the Qioptiq® brand based in Northern Wales, UK, as well as the U.S.-based Advanced Electronic Systems (AES) business. The UK-based OS business provides advanced optics for heads-up and helmet-mounted displays, dismounted tactical night vision systems and proprietary glass used in space and satellite applications. In the U.S., the AES business provides custom energetics, incl
Teledyne Technologies Incorporated (NYSE:TDY) ("Teledyne") and Micropac Industries, Inc. (OTC:MPAD) ("Micropac") jointly announced today that they have entered into a definitive merger agreement that provides for the merger of Micropac with a wholly-owned subsidiary of Teledyne. Pursuant to the terms of the merger agreement, Teledyne will acquire all of the issued and outstanding common shares of Micropac for $20.00 per share payable in cash, without interest and subject to required withholding taxes. The all-cash transaction values Micropac at approximately $57.3 million, taking into account Micropac's net debt as of August 24, 2024. The transaction was unanimously approved by the Boards
Teledyne Technologies Incorporated (NYSE:TDY): Orders exceeded sales for the fourth consecutive quarter All-time record quarterly sales of $1,443.5 million, an increase of 2.9% compared with last year Third quarter GAAP operating margin of 18.8% and third quarter non-GAAP operating margin of 22.5% Record third quarter GAAP diluted earnings per share of $5.54 and non-GAAP diluted earnings per share of $5.10 Third quarter cash from operations of $249.8 million and free cash flow of $228.7 million Raising full year 2024 GAAP diluted earnings per share outlook to $17.28 to $17.42, compared with the prior outlook of $15.87 to $16.13, and narrowing full year 2024 non-GAAP earnings per
SC 13G - TELEDYNE TECHNOLOGIES INC (0001094285) (Subject)
SC 13G/A - TELEDYNE TECHNOLOGIES INC (0001094285) (Subject)
SC 13G/A - TELEDYNE TECHNOLOGIES INC (0001094285) (Subject)
MONROE TOWNSHIP, N.J., June 27, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. (NYSE:OPTT) ("OPT" or the "Company"), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, is pleased to announce the signing of an Original Equipment Manufacturer ("OEM") agreement with Teledyne Marine, a division of Teledyne Technologies Inc. (NYSE:TDY) ("Teledyne"), a key supplier in the maritime technology inclusive of connectors, instruments, and vehicles. This strategic partnership aims to enhance OPT's product offerings and drive innovation within the industry providing customers with a turnkey system. Philipp Stratmann, CEO of OPT, expressed his enth
Will Expand Teledyne LeCroy's Protocol Test Portfolio to include Terabit Ethernet Traffic Generation and Network Emulation Teledyne Technologies Incorporated (NYSE:TDY) ("Teledyne") announced today that it has entered into an agreement to acquire Xena Networks ApS ("Xena Networks"). Xena Networks, headquartered outside of Copenhagen, Denmark, is a leading provider of high-speed Terabit Ethernet validation, quality assurance, and production test solutions. "The Xena Networks acquisition will further establish our leadership in the protocol test market, extending our reach to Ethernet system validation engineers, quality assurance labs, and production lines for test, evaluation, and accep
Newly Named Organization Brings the Surveillance and Unmanned Solutions Businesses Together to Enrich Product and Market Synergies Teledyne Technologies Incorporated (NYSE:TDY) announced that Dr. JihFen Lei has been promoted to Executive Vice President of Teledyne FLIR Defense, one of the leading providers of thermal imaging, unmanned systems, and intelligent sensing solutions to global security and public safety markets. The newly named organization is a rebranding of the company's Defense Technologies Segment, comprising two businesses – Surveillance and Unmanned and Integrated Solutions (UIS). With the new role, Dr. Lei will also continue to serve as General Manager of Surveillance, re
BofA Securities upgraded Teledyne Tech from Neutral to Buy and set a new price target of $550.00 from $450.00 previously
Vertical Research initiated coverage of Teledyne Tech with a rating of Buy and set a new price target of $470.00
BofA Securities downgraded Teledyne Tech from Buy to Neutral and set a new price target of $400.00 from $490.00 previously
144/A - TELEDYNE TECHNOLOGIES INC (0001094285) (Subject)
144 - TELEDYNE TECHNOLOGIES INC (0001094285) (Subject)
10-Q - TELEDYNE TECHNOLOGIES INC (0001094285) (Filer)