Teledyne Technologies Incorporated (TDY) Company Bio
Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. The company was founded in 1960 and is based in Thousand Oaks, California.
TDY Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for TDY, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Teledyne Technologies Inc ranked in the 29th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for TDY, they are:
Interest coverage, a measure of earnings relative to interest payments, is 25.46; that's higher than 83.99% of US stocks in the Technology sector that have positive free cash flow.
The business' balance sheet suggests that 8% of the company's capital is sourced from debt; this is greater than only 19.27% of the free cash flow producing stocks we're observing.
TDY's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 42.96% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Teledyne Technologies Inc? See ONTO, PRCP, QRTEA, SLAB, and TTWO.
THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) announced that its subsidiary, Teledyne Brown Engineering, Inc., was awarded a $6 million contract from Northrop Grumman Corporation to manufacture the first production unit of the Surface-to-Surface Missile Module (SSMM) for the U.S. Navy’s Littoral Combat Ship (LCS). Teledyne Brown Engineering will manufacture, assemble and test the SSMM at the company’s main facility in Huntsville, Alabama. The company will
In this article you are going to find out whether hedge funds think Teledyne Technologies Incorporated (NYSE:TDY) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]
MILPITAS, Cailf.--(BUSINESS WIRE)--Teledyne LeCroy, Inc., the worldwide leader in protocol test solutions and business unit of Teledyne Technologies Incorporated (NYSE:TDY), today announced the Summit™ Z58 PCI Express (PCIe) protocol exerciser/analyzer for testing designs and products for the new PCIe standard, PCIe 5.0. The industry’s first protocol exerciser/analyzer for PCI Express® 5.0, the Summit Z58 features a unified single application for PCIe 5.0 traffic generation and analysis. PCIe i