Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $177.63 in the prior trading day, Teleflex Incorporated (NYSE: TFX) closed at $139.11, down -21.69%. In other words, the price has decreased by -$21.69 from its previous closing price. On the day, 3.34 million shares were traded.
Ratios:
Our goal is to gain a better understanding of TFX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 2.42. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.39.
On July 01, 2024, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $205 to $245.
Morgan Stanley Upgraded its Equal-Weight to Overweight on December 04, 2023, while the target price for the stock was maintained at $261.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 16 ’24 when RANDLE STUART A sold 2,674 shares for $238.93 per share. The transaction valued at 638,899 led to the insider holds 5,496 shares of the business.
RANDLE STUART A bought 2,674 shares of TFX for $638,899 on Aug 16 ’24. On Mar 05 ’24, another insider, Hicks Cameron P, who serves as the Corp. VP & Chief HR Officer of the company, sold 7,401 shares for $225.00 each. As a result, the insider received 1,665,225 and left with 10,050 shares of the company.
Valuation Measures:
As of this moment, Teleflex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.65, and their Forward P/E ratio for the next fiscal year is 8.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.14 while its Price-to-Book (P/B) ratio in mrq is 1.44.
Stock Price History:
Over the past 52 weeks, TFX has reached a high of $249.90, while it has fallen to a 52-week low of $165.62. The 50-Day Moving Average of the stock is -21.13%, while the 200-Day Moving Average is calculated to be -33.56%.
Shares Statistics:
A total of 46.44M shares are outstanding, with a floating share count of 46.30M. Insiders hold about 0.32% of the company’s shares, while institutions hold 100.43% stake in the company.
