Aditya Sarawgi
2 min read
In This Article:
Thousand Oaks, California-based Teledyne Technologies Incorporated (TDY) provides enabling technologies for industrial growth markets. Valued at a market cap of $23 billion, the company operates through Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems segments.
Companies worth $10 billion or more are generally labeled as “large-cap stocks”, and Teledyne Technologies fits this criterion perfectly. The company is known for its innovation and precision technology solutions, serving a wide range of industries, including aerospace, defense, marine, environmental monitoring, and manufacturing.
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Teledyne Technologies currently trades 6.4% below its all-time high of $522.50 recorded on Jan. 31. TDY's stock has declined 1.9% over the past three months, slightly lagging behind the broader Dow Jones Industrials Average's ($DOWI) 1.4% rise.
Longer term, TDY’s stock has surged 5.4% on a YTD basis, whereas DOWI has decreased marginally. Moreover, shares of Teledyne Technologies soared 26.6% over the past 52 weeks, notably outperforming the Dow Jones’ 8.6% rise over the same time frame.
Despite some fluctuations, the stock has been trading above its 50-day and 200-day moving averages since May.
Despite delivering strong results, Teledyne Technologies' stock fell 2.7% following the release of its Q1 2025 results on Apr. 23. The company posted revenue of $1.5 billion, up 7.4% year over year, driven by growth across all segments and surpassing the consensus estimate of $1.4 billion. Its adjusted EPS rose 8.8% from the prior-year quarter to $4.95, also beating analysts’ expectations.
However, the dip in share price can be attributed to TDY's full-year EPS guidance, which slightly missed the Street’s expectations. TDY expects adjusted EPS to range between $21.10 and $21.50, dampening investor sentiment.
Compared to its peer, Trimble Inc. (TRMB) has underperformed TDY stock on a YTD basis, gaining 1.5%. However, shares of TRMB have climbed 29.2% over the past 52 weeks, outpacing the TDY stock.