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Teleflex Incorporated (NYSE:TFX) Receives Average Recommendation of “Hold” from Brokerages

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Teleflex Incorporated (NYSE:TFXGet Score) has been given a median score of “Hold” by the fifteen analysis corporations which can be at the moment masking the corporate, Marketbeat.com stories. Seven analysis analysts have rated the inventory with a maintain score and 6 have assigned a purchase score to the corporate. The common 12-month value goal amongst brokers which have issued a report on the inventory within the final 12 months is $276.23.

Various analysts just lately issued stories on TFX shares. Morgan Stanley decreased their value goal on shares of Teleflex from $278.00 to $236.00 and set an “equal weight” score for the corporate in a report on Tuesday, October eleventh. Truist Monetary lifted their goal value on shares of Teleflex from $225.00 to $272.00 and gave the inventory a “maintain” score in a analysis be aware on Tuesday, December twentieth. Mizuho assumed protection on shares of Teleflex in a analysis be aware on Wednesday, October twenty sixth. They issued a “impartial” score and a $220.00 goal value for the corporate. JMP Securities decreased their goal value on shares of Teleflex from $370.00 to $330.00 and set a “market outperform” score for the corporate in a analysis be aware on Friday, October twenty eighth. Lastly, Jefferies Monetary Group assumed protection on shares of Teleflex in a analysis be aware on Wednesday, October twelfth. They issued a “maintain” score and a $210.00 goal value for the corporate.

Institutional Traders Weigh In On Teleflex

Hedge funds have just lately purchased and bought shares of the inventory. Procyon Advisors LLC lifted its place in Teleflex by 47.0% in the course of the second quarter. Procyon Advisors LLC now owns 992 shares of the medical know-how firm’s inventory valued at $244,000 after buying an extra 317 shares over the past quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its place in Teleflex by 0.9% in the course of the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,195 shares of the medical know-how firm’s inventory valued at $1,523,000 after buying an extra 54 shares over the past quarter. TownSquare Capital LLC lifted its place in Teleflex by 9.8% in the course of the second quarter. TownSquare Capital LLC now owns 2,822 shares of the medical know-how firm’s inventory valued at $694,000 after buying an extra 252 shares over the past quarter. Boston Belief Walden Corp lifted its place in Teleflex by 59.2% in the course of the third quarter. Boston Belief Walden Corp now owns 144,912 shares of the medical know-how firm’s inventory valued at $29,194,000 after buying an extra 53,911 shares over the past quarter. Lastly, Rhumbline Advisers lifted its place in Teleflex by 0.6% in the course of the first quarter. Rhumbline Advisers now owns 96,678 shares of the medical know-how firm’s inventory valued at $34,304,000 after buying an extra 614 shares over the past quarter. 93.82% of the inventory is at the moment owned by institutional traders.

Teleflex Inventory Down 0.7 %

TFX opened at $249.63 on Friday. The corporate has a debt-to-equity ratio of 0.41, a present ratio of two.39 and a fast ratio of 1.52. The corporate’s 50-day transferring common is $228.19 and its 200 day transferring common is $232.14. Teleflex has a fifty-two week low of $182.65 and a fifty-two week excessive of $356.72. The agency has a market capitalization of $11.71 billion, a P/E ratio of 28.63, a PEG ratio of two.92 and a beta of 1.09.

Teleflex (NYSE:TFXGet Score) final posted its quarterly earnings knowledge on Thursday, October twenty seventh. The medical know-how firm reported $3.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.10 by $0.17. Teleflex had a web margin of 14.76% and a return on fairness of 16.26%. The enterprise had income of $686.80 million in the course of the quarter, in comparison with the consensus estimate of $691.52 million. Throughout the identical quarter final 12 months, the corporate posted $3.51 earnings per share. The agency’s quarterly income was down 1.9% in comparison with the identical quarter final 12 months. Analysis analysts count on that Teleflex will submit 12.98 earnings per share for the present fiscal 12 months.

Teleflex Publicizes Dividend

The corporate additionally just lately disclosed a quarterly dividend, which was paid on Thursday, December fifteenth. Stockholders of report on Tuesday, November fifteenth got a $0.34 dividend. The ex-dividend date of this dividend was Monday, November 14th. This represents a $1.36 dividend on an annualized foundation and a dividend yield of 0.54%. Teleflex’s dividend payout ratio (DPR) is at the moment 15.60%.

Teleflex Firm Profile

(Get Score)

Teleflex Incorporated designs, develops, manufactures, and provides single-use medical gadgets for frequent diagnostic and therapeutic procedures in crucial care and surgical purposes worldwide. It offers vascular entry merchandise that comprise Arrow branded catheters, catheter navigation and tip positioning programs, and intraosseous entry programs for the administration of intravenous therapies, the measurement of blood stress, and the withdrawal of blood samples by a single puncture website.

Really useful Tales

Analyst Recommendations for Teleflex (NYSE:TFX)

This instantaneous information alert was generated by narrative science know-how and monetary knowledge from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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