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Teledyne Technologies Incorporated’s stock price surges to $511.67, marking a robust 6.51% increase

By January 23, 2025 No Comments

Teledyne Technologies Incorporated (TDY)

511.67 USD +31.26 (+6.51%) Volume: 0.66M

“Teledyne Technologies Incorporated’s stock price soars to $511.67, marking a significant trading session increase of +6.51%. With a robust trading volume of 0.66M and an impressive year-to-date percentage change of +10.24%, TDY continues to showcase strong stock market performance.”


Latest developments on Teledyne Technologies Incorporated

Teledyne Technologies stock price surged today after the company reported fourth-quarter results that exceeded expectations. The earnings beat was driven by record sales and strategic acquisitions, leading to a new 1-year high for the stock at $496.59. Despite a cautious outlook for 2025, investors remain optimistic about Teledyne’s performance in the coming year. The company’s strong Q4 results, including revenue surpassing estimates and earnings beating by $0.29, have bolstered investor confidence in Teledyne’s future growth potential. With Teledyne Geospatial and Pointerra3d providing real-time insights for grid resiliency and rapid response in the utility industry, the company continues to innovate and deliver strong financial results.


Teledyne Technologies Incorporated on Smartkarma

Analysts at Baptista Research on Smartkarma have provided bullish coverage on Teledyne Technologies. In their report “Teledyne Technologies: Can They Capitalize On The Strengthening Defense & Energy Markets? – Major Drivers,” they highlighted the company’s impressive performance in the third quarter of 2024. Teledyne Technologies reported all-time record sales with growth across each business segment, driven by robust demand in defense, space, and energy sectors. The company’s aggressive capital management strategies, including stock repurchases and acquisitions, demonstrate a strong financial position.

Another report by Baptista Research on Smartkarma, titled “Teledyne Technologies Incorporated: Will The Improving Trends in Test & Measurement Instruments Last? – Major Drivers,” also gave positive insights. Investors were advised to consider the company’s achievements and challenges in their latest financial updates. Teledyne Technologies achieved record free cash flow, allowing for significant allocations towards debt repayment, acquisitions, and stock buybacks. This showcases the company’s adept financial management and operational flexibility.


A look at Teledyne Technologies Incorporated Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Teledyne Technologies Inc. has a positive long-term outlook based on its Smartkarma Smart Scores. With high scores in Value, Growth, Resilience, and Momentum, the company is positioned well for future success. Teledyne Technologies provides electronic subsystems and instrumentation, including aerospace and defense electronics, digital imaging products, monitoring instrumentation for marine and environmental applications, and subsystems for satellite communications. This diverse range of offerings indicates a strong foundation for continued growth and innovation in the industry.

Although Teledyne Technologies scores lower in the Dividend category, its overall outlook remains favorable. The company’s focus on value, growth, resilience, and momentum demonstrates its commitment to long-term success and sustainability. With a strong presence in various sectors, including harsh environment interconnect products and engineered systems, Teledyne Technologies is well-positioned to navigate changing market conditions and capitalize on future opportunities.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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