Teleflex Incorporated (NYSE: TFX) is -27.48% lower on its value in year-to-date trading and has touched a low of $124.66 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 $135.16 in the last trading session, with the day’s loss setting it -6.09%.
Currently trading at $129.07, the stock is -6.05% and -14.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -4.51% at the moment leaves the stock -34.96% off its SMA200. TFX registered -42.33% loss for a year compared to 6-month loss of -45.06%. The firm has a 50-day simple moving average (SMA 50) of $151.0522 and a 200-day simple moving average (SMA200) of $198.45555.
The stock witnessed a -4.76% gain in the last 1 month and extending the period to 3 months gives it a -27.47%, and is -6.46% 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 6.47% over the week and 3.26% over the month.
Teleflex Incorporated (TFX) has around 14100 employees, a market worth around $5.77B and $3.05B in sales. Current P/E ratio is 90.46 and Fwd P/E is 8.44. Profit margin for the company is 2.29%. Distance from 52-week low is 3.54% and -48.35% from its 52-week high. The company has generated returns on investments over the last 12 months (1.17%).
with sales reaching $699.37M over the same period.The EPS is expected to grow by 0.87% this year, but quarterly earnings will post 0.40% year-over-year. Quarterly sales are estimated to shrink -5.22% in year-over-year returns.
779.0 institutions hold shares in Teleflex Incorporated (TFX), with institutional investors hold 106.03% of the company’s shares. The shares outstanding are 48.10M, and float is at 44.52M with Short Float at 5.58%. Institutions hold 105.71% 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.
