You Should Know These Things About Teleflex Incorporated (TFX)


As of Wednesday close, Teleflex Incorporated’s (NYSE:TFX) stock was up $8.71, moving up 4.01 percent to $225.71. The average number of shares traded per day over the past five days has been 331,880 shares. 4 times new highs have been achieved over the past 5 days, with a $8.42 gain in that time frame. In the last twenty days, the average volume was 391,120, while in the previous 50 days, it was 414,304.

Since last month, TFX stock rose 10.43%. Shares of the company fell to $194.89 on 10/25/22, the lowest level in the past month. A 52-week high of $356.72 was reached on 04/04/22 after having rallying from a 52-week low of $182.65. Since the beginning of this year, TFX’s stock price has dropped by -31.29% or -$102.77, and marked a new high 9 times. However, the stock has declined by -36.73% since its 52-week high.

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TFX stock investors should be aware that Teleflex Incorporated (TFX) stock had its last reported insider trading activity 170 days ago on Jun 07. RANDLE STUART A, the Director of the company, disposed of 3,014 shares for $283.31 on Jun 07. It resulted in a $853,896 divestment by the insider. Kelly Liam sold 8,987 shares at an average price of $330.00 on Dec 27. The insider now owns 25,775 shares following the transaction. On Nov 30, Director Krakauer Andrew A bought 1,000 shares at $307.23 apiece. The transaction was valued at $307,232.

Valuation Metrics

Right now, Teleflex Incorporated (TFX) has a P/E ratio of about 25.93. The stock’s beta is 1.08. Besides these, the trailing price-to-sales (P/S) ratio of 3.73, the price-to-book (PB) ratio of 2.72, and the price-to-cash flow ratio of 33.66 may also be considered.

The latest dividend of $0.34 per share was paid out, remained unchanged from last year’s $0.34.

Financial Health

In the three months ended September 29, Teleflex Incorporated’s quick ratio stood at 1.50, while its current ratio was 2.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.41, and the total debt-to-equity ratio was 0.44. On the profitability front, the trailing twelve-month gross margin is 54.70% percent. In the year ended September 29, operating margins totaled 18.80%. Based on annual data, TFX earned $1.55 billion in gross profit and brought in $2.81 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.60%. Return on equity (ROE) for the past 12 months was 10.80%.

In Teleflex Incorporated’s quarter-end financial report for September 29, it reported total debt of $1.59 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. TFX’s revenue fell -1.96% to $704.54 million during the quarter, while net income inched up to $686.79 million. While analysts expected Teleflex Incorporated to report $3.11 quarterly earnings, the actual figure was $3.27 per share, beating the consensus estimate by 5.10%. During the quarter, the company generated $183.33 million in EBITDA. The liabilities of Teleflex Incorporated were 2.86 billion at the end of its most recent quarter ended September 29, and its total debt was $1.81 billion. The value of shareholders’ equity is $46.91 million.

Technical Picture

This quick technical analysis looks at Teleflex Incorporated’s (TFX) price momentum. With a historical volatility rate of 53.93%, the RSI 9-day stood at 66.10% on 23 November.

With respect to its five-day moving average, the current Teleflex Incorporated price is up by +3.88% percent or $8.42. At present, TFX shares trade +8.71% above its 20-day simple moving average and -10.52% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.42% below its SMA50 and -30.07% below its SMA200.

Stochastic coefficient K was 79.90% and Stochastic coefficient D was 73.71%, while ATR was 7.05. Given the Stochastic reading of 99.35% for the 14-day period, the RSI (14) reading has been calculated as 61.61%. As of today, the MACD Oscillator reading stands at 2.27, while the 14-day reading stands at 6.36.

Analyst Ratings

Mizuho launched its rating on Teleflex Incorporated (NYSE: TFX) to a Neutral in a note to investors on October 26, 2022. Teleflex Incorporated (TFX) has been rated Overweight by analysts. According to 0 brokerage firms, TFX is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Teleflex Incorporated stock as buy, with 5 recommending it as overweight.

With a median target price of $231.00, the current consensus forecast for the stock is $215.00 – $330.00. Based on these forecasts, analysts predict Teleflex Incorporated (TFX) will achieve an average price target of $250.77.


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