How to Buy Teleflex Stock
Teleflex Inc
Teleflex is a medical company located in Pennsylvania, United States, which is part of the Healthcare sector, and is traded under the ticker TFX on the NYSE exchange.
Teleflex stock last closed at $211.17, up 0.03% from the previous day, and has decreased 21.59% in one year. It has underperformed other stocks in the Medical Instruments & Supplies industry by 0.08 percentage points. Teleflex stock is currently +18.88% from its 52-week low of $177.63, and -23.61% from its 52-week high of $276.43.
As of Apr 24, 2024, there are 47.06M TFX shares outstanding. The market cap of TFX is $9.94B. In the last 24 hours, 201,414 TFX shares were traded.
How to Buy Teleflex Stock
Wondering how to invest in Teleflex stock? Here's how.
- Decide where to buy Teleflex stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Teleflex stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your payment method and add your details.
- Research Teleflex stock: The Teleflex ticker symbol is TFX. Is Teleflex stock a good investment? Should you buy shares of TFX? How do TFX's underlying business fundamentals look? Do top analysts think Teleflex is a good buy? Why has TFX's stock price moved recently? (Hint: Our stock research tools can help you understand if TFX is a good stock to buy).
- Place your TFX purchase: Decide if you will purchase TFX shares at the current market price or use a limit order to buy TFX shares at a specific price.
- Watch your investment in TFX: Create a watchlist to important updates regarding your investment in Teleflex stock.
Step 1: Decide where to buy Teleflex stock
You will need an online brokerage account in order to access the NYSE market and buy TFX shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can buy TFX today.
How to Start a New Investment 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.
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Step 3: Fund your investment account
Now that you've finished signing up on the greatest app to buy stocks, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of depositing money into your new investment account.
Step 4: Research Teleflex stock
After you have selected the best place to buy Teleflex stock, it's absolutely critical to research their stock before you buy, so you can wrap your head around the risk as well as the opportunity.
Overview of key TFX info
Teleflex Fundamentals
WallStreetZen was built to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TFX's stock page.
What is the fair value of TFX stock?
Analysts use many financial metrics, analyses, models, and charts to gauge TFX's fair value.
Using relative valuations methods:
- TFX could be undervalued based on its P/E ratio of 27.86x, relative to Medical Instruments & Supplies industry P/E ratio of 48.25x
- TFX could be undervalued based on its P/B ratio of 2.24x, relative to Medical Instruments & Supplies industry P/B ratio of 3.52x
- TFX may be undervalued based on its PEG ratio of 0.78x
You can access more valuation analysis on TFX's stock here.
TFX Financial Health
Positive Financial Indicators:
- TFX earnings of $517.85M is not sufficient to cover its interest payments.
- Total TFX debt is lower than 5 years ago, relative to shareholder equity.
- TFX's operating cash flow of $510.64M allows it to safely service it's debt of $1.93B.
- There are more short-term assets than short-term liabilities on the TFX balance sheet.
Negative Financial Indicators:
- TFX profit margin has gone down from 13% to 12% in the past year.
- TFX has a relatively high debt to equity ratio of 0.7.
- There are more long-term liabilities than short-term assets on the TFX balance sheet.
Is Teleflex stock a Buy, Hold, or Sell, according to analysts?
Out of 7 sell side analysts who give forecasts on TFX, the consensus analyst rating on Teleflex is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Most Recent TFX Analyst Recommendations
Anthony Petrone, a top 14% analyst from Mizuho maintains TFX with a hold rating and raises their TFX price target from $225.00 to $235.00, on Nov 3, 2023.
George Sellers, a bottom 5% analyst from Stephens & Co. reiterates TFX with a strong buy rating and maintains their TFX price target from $275.00 to $275.00, on Nov 3, 2023.
You can dive deeper into what analysts are projecting on the Teleflex stock forecast page.
Metrics for Advanced TFX Traders
Is TFX Making Money?
Last year, TFX earnings were $356.33M. During the last five year, TFX's earnings have gone up by 11.54% per year. This was slower than the Medical Instruments & Supplies industry average of 16.94%.
Last year, TFX revenue was $2.97B. During the past five year, TFX's revenue has grown by 3.97% per year. This was slower than the Medical Instruments & Supplies industry average of 9.46%.
Learn more about TFX's earnings and revenue performance here.
What are TFX executives and large shareholders up to?
In the past year, insiders at TFX have sold more shares than they have bought.
Cameron P. Hicks, Corp. VP Chief HR Officer of TFX, was the latest TFX insider to sell. They sold $1,665,225.00 worth of TFX stock on Mar 5, 2024.
Learn more about who owns TFX stock here.
Can I rely on TFX as an income stream?
Teleflex pays a dividend of 0.64%, compared to the Medical Instruments & Supplies industry's average dividend yield of 1.31%. If you owned $1,000 worth of TFX stock, you would have received $6.44 in the past year.
Teleflex dividend payments have not consistently grown over the past decade but have remained stable.
Get more analysis about Teleflex dividend yield and history here.
TFX Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your TFX purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.
Hit the Open button and your broker will place your order.
If you want more help buying stocks on eToro, click the helpful video below:
Step 6: Watch your investment in TFX
Now that you own some shares in TFX, you'll want to stay up-to-date on your new investment.
Put TFX on a watchlist to see the latest developments about your TFX stock.
TFX Feed
How to Buy Stock in Teleflex
To reiterate, here are the 6 steps you need to take to buy Teleflex stock right now:
- Decide where to buy Teleflex stock
- Open a brokerage account
- Fund your investment account
- Research Teleflex stock
- Place your TFX purchase
- Watch your investment in TFX
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to track your investment in Teleflex, get started below.
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