Teleflex Incorporated (NYSE: TFX) is -23.43% lower on its value in year-to-date trading and has touched a low of $128.55 and a high of $249.90 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 $135.52 in the last trading session, with the day’s gains setting it 0.76%.
Currently trading at $136.28, the stock is -10.93% and -18.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing 0.56% at the moment leaves the stock -33.69% off its SMA200. TFX registered -39.99% loss for a year compared to 6-month loss of -44.78%. The firm has a 50-day simple moving average (SMA 50) of $168.019 and a 200-day simple moving average (SMA200) of $205.5167.
The stock witnessed a -20.45% gain in the last 1 month and extending the period to 3 months gives it a -27.14%, and is 0.01% up 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 3.53% over the week and 3.97% over the month.
Teleflex Incorporated (TFX) has around 14100 employees, a market worth around $6.32B and $3.05B in sales. Current P/E ratio is 95.51 and Fwd P/E is 8.81. Profit margin for the company is 2.29%. Distance from 52-week low is 6.01% and -45.47% from its 52-week high. The company has generated returns on investments over the last 12 months (1.17%).
The EPS is expected to grow by 1.59% this year
797.0 institutions hold shares in Teleflex Incorporated (TFX), with institutional investors hold 102.26% of the company’s shares. The shares outstanding are 48.10M, and float is at 46.19M with Short Float at 2.42%. Institutions hold 101.91% 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 12.6068 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.
