Teledyne Technologies (NYSE: TDY) is one of 62 publicly-traded companies in the “AEROSPACE/DEFENSE” industry, but how does it weigh in compared to its rivals? We will compare Teledyne Technologies to similar businesses based on the strength of its analyst recommendations, valuation, risk, earnings, institutional ownership, dividends and profitability.
Institutional and Insider Ownership
85.0% of Teledyne Technologies shares are owned by institutional investors. Comparatively, 56.3% of shares of all “AEROSPACE/DEFENSE” companies are owned by institutional investors. 3.7% of Teledyne Technologies shares are owned by insiders. Comparatively, 8.5% of shares of all “AEROSPACE/DEFENSE” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Earnings and Valuation
This table compares Teledyne Technologies and its rivals top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Teledyne Technologies||$2.60 billion||$227.20 million||30.56|
|Teledyne Technologies Competitors||$8.26 billion||$580.70 million||22.53|
Teledyne Technologies’ rivals have higher revenue and earnings than Teledyne Technologies. Teledyne Technologies is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Risk & Volatility
Teledyne Technologies has a beta of 1.02, meaning that its stock price is 2% more volatile than the S&P 500. Comparatively, Teledyne Technologies’ rivals have a beta of 0.80, meaning that their average stock price is 20% less volatile than the S&P 500.
This table compares Teledyne Technologies and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Teledyne Technologies Competitors||-0.96%||-265.66%||8.23%|
This is a breakdown of recent ratings for Teledyne Technologies and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Teledyne Technologies Competitors||370||2191||2976||101||2.50|
Teledyne Technologies presently has a consensus price target of $187.50, suggesting a potential downside of 1.67%. As a group, “AEROSPACE/DEFENSE” companies have a potential upside of 4.29%. Given Teledyne Technologies’ rivals higher probable upside, analysts clearly believe Teledyne Technologies has less favorable growth aspects than its rivals.
Teledyne Technologies rivals beat Teledyne Technologies on 7 of the 13 factors compared.
About Teledyne Technologies
Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets. The Company’s segments include Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. Instrumentation segment provides monitoring and control instruments for marine, environmental, industrial and other applications, as well as electronic test and measurement equipment. Digital Imaging segment includes sensors, cameras and systems, within the visible, infrared, ultraviolet and X-ray spectra. Aerospace and Defense Electronics segment provides electronic components and subsystems and communications products, including defense electronics. Engineered Systems segment provides systems engineering and integration and technology development, as well as manufacturing solutions.
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