
Teledyne Technologies (TDY) Stock Forecast & Price Target
Teledyne Technologies (TDY) Analyst Ratings
Bulls say
Teledyne Technologies Inc reported a notable increase in free cash flow, totaling $339.2 million for the quarter, which represents a 12% year-over-year growth and brings the full-year free cash flow to $1.074 billion. The aerospace and defense electronics segment experienced robust performance with a 38% year-over-year sales increase, driven primarily by higher defense electronics, while the segment's operating margin improved significantly to 24.7%, up from 21.7% in the previous quarter. Additionally, Q4 sales reached $1.612 billion, surpassing consensus estimates, with overall sales growth reflecting strength across various segments, including instrumentation and engineered systems.
Bears say
Teledyne Technologies Inc. experienced a decline in sales and operating profit across its Engineered Systems segment, with an 8% year-over-year decrease in revenue to $115.0 million and a 5% decline in operating profit, leading to concerns about its long-term growth potential. Additionally, the Digital Imaging segment reported a 2% decline in operating profit to $170.2 million, coupled with an operating margin of 22.1% that fell short of expectations and included significant costs for severance and facility consolidations. Furthermore, the company faces numerous downside risks, including decelerating industrial activity, potential changes in government spending impacting a significant portion of its revenue, and challenges related to acquisition sourcing and product development.
This aggregate rating is based on analysts' research of Teledyne Technologies and is not a guaranteed prediction by Public.com or investment advice.
Teledyne Technologies (TDY) Analyst Forecast & Price Prediction
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