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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 $397.19, up 2.33% from the previous day, and has decreased 0.39% in one year. It has underperformed other stocks in the Scientific & Technical Instruments industry by 0.04 percentage points. Teledyne Technologies stock is currently +11.76% from its 52-week low of $355.41, and -11.38% from its 52-week high of $448.19.

As of Jun 12, 2024, there are 47.42M TDY shares outstanding. The market value of TDY is $18.84B. In the past 24 hours, 229,025 TDY shares were traded.

How to Buy Teledyne Technologies Stock

Not sure how to invest in Teledyne Technologies stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Select your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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:

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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

TDY Price
$397.19
1w %
0.55%
1y %
-0.39%
5y %
56.81%
P/E
21.17x
P/B
2.02x
P/S
3.35x
PEG
2.83x
Revenue
$5.60B
Earnings
$885.50M
Fore. Rev. Growth
2.95%
Fore. Earn. Growth
7.48%
Market Cap
$18.84B
Next Earnings
Jul 23, 2024
Next Dividend
N/A

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 overvalued based on its P/E ratio of 21.17x, relative to Scientific & Technical Instruments industry P/E ratio of 12.9x
  • TDY could be undervalued based on its P/B ratio of 2.02x, relative to Scientific & Technical Instruments industry P/B ratio of 3.2x
  • TDY may be overvalued based on its PEG ratio of 2.83x

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 13.7% to 15.8% in the past year.
  • TDY's operating cash flow of $924.10M allows it to safely service it's debt of $3.25B.
  • 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 0.57.
  • 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 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

SMA10
393.11
SMA20
397.62
SMA50
396.73
SMA100
411.57
SMA200
410.36
MACD
-1.75
MACD Signal
-1.41
MACD Histogram
-0.34
RSI
51.7
Stochastic %K
24.56
Stochastic %D
17.77
StochRSI %K
40.57
StochRSI %D
26.03

TDY Performance Metrics

Last year, TDY earnings were $885.50M. Over the past five year, TDY's earnings have grown by 14.51% per year. This was faster than the Scientific & Technical Instruments industry average of 7.24%.

Last year, TDY revenue was $5.60B. In the last five year, TDY's revenue has grown by 13.68% per year. This was faster than the Scientific & Technical Instruments industry average of 10.75%.

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 bought more shares than they have sold.

Jason Vanwees, Vice Chairman of TDY, was the latest TDY insider to buy. They bought $160,394.00 worth of TDY stock on Apr 25, 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.

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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.

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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:

  1. Figure out where to buy Teledyne Technologies stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Teledyne Technologies stock
  5. Make your TDY buy order
  6. Keep tabs on your investment in TDY

If you are looking for a place to buy stocks, eToro is our recommended option.

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If you would like to get updates on your investment in Teledyne Technologies, create a watchlist today.

NYSE: TDY
$397.19+9.06 (+2.33%)
Updated Jun 12, 2024
Open eToro Account
NYSE: TDY
$397.19+9.06 (+2.33%)
Updated Jun 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Teledyne Technologies share?

As of Jun 12, 2024, it costs $397.19 to buy one share of Teledyne Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.252 shares of TDY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Teledyne Technologies stock?

According to 3 Wall Street analysts who monitor Teledyne Technologies, their consensus recommendation is to buy Teledyne Technologies stock.

What is the best way to buy Teledyne Technologies stock?

One way to place an order for Teledyne Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.