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 $478.89, up 0.08% from the previous day, and has increased 16.92% in one year. It has underperformed other stocks in the Scientific & Technical Instruments industry by 0.1 percentage points. Teledyne Technologies stock is currently +34.74% from its 52-week low of $355.41, and -2.66% from its 52-week high of $492.00.
As of Dec 4, 2024, there are 46.6M TDY shares outstanding. The market value of TDY is $22.32B. In the past 24 hours, 143,657 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.
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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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
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 23.91x, relative to Scientific & Technical Instruments industry P/E ratio of 31.41x
- TDY could be undervalued based on its P/B ratio of 2.33x, relative to Scientific & Technical Instruments industry P/B ratio of 3.69x
- TDY may be overvalued based on its PEG ratio of 4.5x
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 14% to 16.9% in the past year.
- TDY's operating cash flow of $1.02B allows it to safely service it's debt of $2.80B.
- TDY earnings of $1.03B 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 0.51.
- 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 3 Equities analysts who give ratings on TDY, the consensus analyst rating on TDY is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Teledyne Technologies stock forecast page.
TDY Technicals
TDY Performance Metrics
Last year, TDY earnings were $943.80M. Over the past five year, TDY's earnings have grown by 13.94% per year. This was faster than the Scientific & Technical Instruments industry average of 5.9%.
Last year, TDY revenue was $5.59B. In the last five year, TDY's revenue has grown by 12.69% per year. This was faster than the Scientific & Technical Instruments industry average of 9.52%.
You can analyze TDY's earnings and revenue performance here.
Are TDY executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at TDY have sold more shares than they have bought.
Robert Mehrabian, Executive Chairman of TDY, was the latest TDY insider to sell. They sold $1,195,986.29 worth of TDY stock on Nov 11, 2024.
Learn more about who owns TDY shares here.
Does TDY provide a stable income stream?
No, Teledyne Technologies doesn't provide an income stream by paying out dividends.
What do other investors have to say about TDY?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your TDY buy order
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Press the Open button and your broker will execute the order.
If you need more info about 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 keep up with your new stock purchase.
Create a watchlist to track the most important metrics related to 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 are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in Teledyne Technologies, create a watchlist today.
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