Teledyne Technologies Incorporated (TDY) Stock

Teledyne Technologies Incorporated trades at a P/E ratio of 30.31, which is above the market average of approximately 20. This premium valuation suggests investors expect above-average growth or the company has competitive advantages justifying the higher multiple. Looking ahead, the forward P/E of 21.69 is lower than the current P/E, indicating analysts expect earnings to grow over the next year. The PEG ratio of 0.98 suggests the stock may be undervalued relative to its growth rate.

With a beta of 1.03, Teledyne Technologies Incorporated is roughly as volatile as the market, moving in line with broad market trends. This moderate beta suggests the stock offers market-level returns without excessive volatility. The price-to-book ratio of 2.33 shows investors value the company above its book value, which often reflects intangible assets or growth prospects.

Teledyne Technologies Incorporated achieves a profit margin of 13.60%, meaning it retains $13.60 from every $100 in revenue after all expenses. This represents a solid margin typical of well-run businesses, showing the company can effectively balance revenue generation with cost control. The operating margin of 18.50% reveals how efficiently the company runs its core business operations before interest and taxes. With ROE at 8.13% and ROA at 4.69%, the company achieves moderate returns on invested capital.

Teledyne Technologies Incorporated's revenue grew by 6.70% year-over-year, showing steady progress in growing the business. This positive trajectory indicates the company maintains competitive positioning in its markets. Earnings decreased by 16.10% year-over-year, reflecting the bottom-line impact of business performance. These growth metrics should be evaluated against SCIENTIFIC & TECHNICAL INSTRUMENTS industry averages for proper context.

Teledyne Technologies Incorporated has a market capitalization of $24.3B, classifying it as a large-cap stock ($10B-$200B). Large-caps are typically industry leaders with established business models, offering a balance of stability and growth potential. They often provide dividend income and are core holdings in institutional portfolios. With 46.95M shares outstanding, the company's ownership is relatively concentrated. As a participant in the SCIENTIFIC & TECHNICAL INSTRUMENTS industry, it competes with other firms in this sector.

Teledyne Technologies Incorporated's book value per share is $224.94, while the current stock price is $514.14, resulting in a price-to-book (P/B) ratio of 2.29. This reasonable premium to book value suggests the market values the company's earnings power and intangible assets appropriately. Most profitable companies trade between 1-3x book value. As a common stock, this represents equity ownership with voting rights.

11 analysts cover TDY with 82% recommending buy/strong buy ratings. Analyst predictions have mixed reliability - studies show consensus rarely beats market returns consistently. The strong bullish consensus may already be priced in. The consensus target of $618.42 implies 20.3% upside, but targets are often adjusted to follow price moves rather than predict them.

Current analyst recommendations:3 Strong Buy, 6 Buy, 2 Hold, 00The bullish tilt suggests optimism about future prospects, though investors should conduct independent research.Remember that analyst opinions often lag price movements and can be influenced by investment banking relationships.