How to Buy Teledyne Technologies Stock
Teledyne Technologies Inc
Teledyne Technologies is a scientific & technical instrument company located in California, United States, which is part of the Technology sector, and is traded under the ticker TDY on the NYSE exchange.
Teledyne Technologies stock last closed at $391.99, up 0.21% from the previous day, and has decreased 3.63% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.01 percentage points. Teledyne Technologies stock is currently +20.61% from its 52-week low of $325.00, and -12.64% from its 52-week high of $448.71.
As of Jun 6, 2023, there are 47.05M TDY shares outstanding. The market value of TDY is $18.44B. In the past 24 hours, 325,875 TDY shares were traded.
How to Buy Teledyne Technologies Stock
Not sure how to invest in Teledyne Technologies stock? Here's how.
- Figure out where to buy Teledyne Technologies stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you choose where to buy Teledyne Technologies stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your method of payment and add your details.
- Analyze Teledyne Technologies stock: The Teledyne Technologies ticker symbol is TDY. Is Teledyne Technologies stock a good investment? Should you buy shares of TDY? How do TDY's underlying business fundamentals look? Do top analysts think Teledyne Technologies is a good buy? Why has TDY's stock price moved recently? (Hint: Our stock market research tools can help you figure out if TDY is a good stock to buy).
- Make your TDY buy order: Decide if you will purchase TDY shares at the current market price or use a limit order to buy TDY shares at a particular price.
- Keep tabs on your investment in TDY: Create a watchlist to important updates regarding your new investment in Teledyne Technologies stock.
Step 1: Figure out where to buy Teledyne Technologies stock
You will need a brokerage account in order to access the NYSE market and buy TDY shares.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you can invest in TDY stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Enter your personal details to create a new brokerage account.
- Send your details by hitting the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on app for investing, you can securely and quickly fund your account:
Watch the walkthrough below for more details transferring money into your new brokerage account.
Step 4: Analyze Teledyne Technologies stock
Once you have identified the best place to buy Teledyne Technologies stock, it's crucial to analyze their stock prior to buying, so you can comprehend the risk as well as the opportunity.
Overview of key TDY info
Teledyne Technologies Overview
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on TDY's stock page.
Is TDY stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge TDY's fair value.
Using relative valuations ratios:
- TDY could be undervalued based on its P/E ratio of 24.32x, relative to Scientific & Technical Instruments industry P/E ratio of 26.74x
- TDY could be undervalued based on its P/B ratio of 2.2x, relative to Scientific & Technical Instruments industry P/B ratio of 2.84x
- TDY may be overvalued based on its PEG ratio of 1.44x
You can access more valuation research on TDY's stock here.
A look at TDY Cashflows and Balance Sheet
Positive Financial Indicators:
- Total TDY debt is lower than 5 years ago, relative to shareholder equity.
- TDY profit margin has gone up from 11.2% to 13.7% in the past year.
- TDY's operating cash flow of $906.50M allows it to safely service it's debt of $3.82B.
- TDY earnings of $1.02B is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the TDY balance sheet.
Negative Financial Indicators:
- TDY has a relatively high debt to equity ratio of 0.72.
- There are more long-term liabilities than short-term assets on the TDY balance sheet.
Do analysts think it's a good time to buy TDY stock
Out of 4 Equities analysts who give ratings on TDY, the consensus analyst rating on TDY is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest TDY Analyst Forecasts
Ronald Epstein, a bottom 10% analyst from Bank of America maintains TDY with a strong buy rating and raises their TDY price target from $533.00 to $565.00, on May 25, 2023.
Guy Hardwick, a bottom 26% analyst from Credit Suisse maintains TDY with a buy rating and lowers their TDY price target from $503.00 to $499.00, on Apr 28, 2023.
James Ricchiuti, a top 1% analyst from Needham maintains TDY with a buy rating and lowers their TDY price target from $498.00 to $470.00, on Apr 27, 2023.
Kristine Liwag, a top 21% analyst from Morgan Stanley upgrades TDY to a hold rating and raises their TDY price target from $445.00 to $488.00, on Dec 12, 2022.
You can dig deeper into what analysts are saying on the Teledyne Technologies stock forecast page.
Metrics for Advanced TDY Traders
How are TDY Revenues/Earnings doing?
Last year, TDY earnings were $754.70M. During the past 5 year, TDY's earnings have increased by 16.69% per year. This was slower than the Scientific & Technical Instruments industry average of 16.92%.
Last year, TDY revenue was $5.52B. Over the past five year, TDY's revenue has increased by 15.1% per year. This was faster than the Scientific & Technical Instruments industry average of 9.39%.
Learn more about TDY's earnings and revenue performance here.
Are TDY insiders buying or selling the stock?
In the last 12 months, insiders at TDY have bought more shares than they have sold.
Simon M. Lorne, Director of TDY, was the latest TDY insider to buy. They bought $9,026.78 worth of TDY stock on May 26, 2023.
Research more about who owns TDY shares here.
Can I get consistent income from TDY stock?
No, Teledyne Technologies doesn't provide an income stream by paying out dividends.
TDY Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your TDY buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in TDY
Now that you own some shares in TDY, you'll want to stay up-to-date on your new company.
Make a watchlist to get the latest updates about your TDY stock.
TDY Feed
How to Buy Stock in Teledyne Technologies
To reiterate, here are the 6 steps to buy stock in Teledyne Technologies:
- Figure out where to buy Teledyne Technologies stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Analyze Teledyne Technologies stock
- Make your TDY buy order
- Keep tabs on your investment in TDY
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Teledyne Technologies, add TDY to your watchlist below.
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