Teleflex Incorporated (NYSE: TFX) is -21.69% 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 $140.23 in the last trading session, with the day’s loss setting it -0.86%.
Currently trading at $139.37, the stock is 1.14% and -13.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing -0.61% at the moment leaves the stock -31.00% off its SMA200. TFX registered -36.55% loss for a year compared to 6-month loss of -43.32%. The firm has a 50-day simple moving average (SMA 50) of $160.2516 and a 200-day simple moving average (SMA200) of $201.98924.
The stock witnessed a -21.54% gain in the last 1 month and extending the period to 3 months gives it a -21.81%, and is -0.04% 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 2.21% over the week and 3.82% over the month.
Teleflex Incorporated (TFX) has around 14100 employees, a market worth around $6.46B and $3.05B in sales. Current P/E ratio is 97.68 and Fwd P/E is 9.02. Profit margin for the company is 2.29%. Distance from 52-week low is 8.42% and -44.23% 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 1.55% this year
797.0 institutions hold shares in Teleflex Incorporated (TFX), with institutional investors hold 102.49% of the company’s shares. The shares outstanding are 48.10M, and float is at 46.19M with Short Float at 5.24%. Institutions hold 102.14% 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 11.0905 and valued at over $1.1 billion, while BLACKROCK INC. holds 8.2287 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.
