Teleflex Incorporated (NYSE: TFX) is -0.01% lower on its value in year-to-date trading and has touched a low of $171.69 and a high of $256.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TFX stock was last observed hovering at around $179.79 in the last trading session, with the day’s loss setting it -1.83%.
Currently trading at $177.96, the stock is -0.69% and -6.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.45 million and changing -1.02% at the moment leaves the stock -17.36% off its SMA200. TFX registered -28.53% loss for a year compared to 6-month loss of -19.32%. The firm has a 50-day simple moving average (SMA 50) of $190.7414 and a 200-day simple moving average (SMA200) of $215.34094.
The stock witnessed a -3.62% gain in the last 1 month and extending the period to 3 months gives it a -24.26%, and is -0.01% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.45% over the week and 2.34% over the month.
Teleflex Incorporated (TFX) has around 14500 employees, a market worth around $8.27B and $3.03B in sales. Current P/E ratio is 35.37 and Fwd P/E is 11.72. Profit margin for the company is 7.85%. Distance from 52-week low is 3.65% and -30.71% from its 52-week high. The company has generated returns on investments over the last 12 months (3.80%).
The EPS is expected to grow by 3.45% this year
807.0 institutions hold shares in Teleflex Incorporated (TFX), with institutional investors hold 100.06% of the company’s shares. The shares outstanding are 46.44M, and float is at 46.32M with Short Float at 1.20%. Institutions hold 99.79% of the Float.
The top institutional shareholder in the company is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with over 5.94 million shares valued at $1.25 billion. The investor’s holdings represent 12.629 of the TFX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.57 million shares valued at $1.17 billion to account for 11.8306 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 5.23 million shares representing 11.1101 and valued at over $1.1 billion, while BLACKROCK INC. holds 8.2432 of the shares totaling 3.88 million with a market value of $816.06 million.
Teleflex Incorporated (TFX) Insider Activity
The most recent transaction is an insider sale by RANDLE STUART A, the company’s Director. SEC filings show that RANDLE STUART A sold 2,674 shares of the company’s common stock on Aug 16 ’24 at a price of $238.93 per share for a total of $0.64 million. Following the sale, the insider now owns 5496.0 shares.
Still, SEC filings show that on Mar 05 ’24, Hicks Cameron P (Corp. VP & Chief HR Officer) disposed off 7,401 shares at an average price of $225.00 for $1.67 million. The insider now directly holds 10,050 shares of Teleflex Incorporated (TFX).
