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Tuesday, August 9, 2022

The Stocks Of TDY Have Been Given A Rating Of Hold

The multiple shares of TDY have been given a rating of hold by several brokerages- seven to be exact, that have been covering the stocks of the company. According to reports, one of the research analysts has already given the stocks a rating of sell, while two of them have given it a rating of hold. Four investment analysts have given the stocks a rating of buy. Currently, the company enjoys a price target of $368.33 over a twelve-month target. 

The Quarterly Earnings of TDY

The Goldman Sachs Group has been one of the foremost groups that have been working on the stocks of the TDY, which they have mentioned in one of the reports that were published on the 7th of October. The brokerage firm has issued a rating of ‘neutral’, along with a price target of $331 on the stock. 

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The stocks of the company did open at $383.48 last Monday. The shares of TDY currently have a year low of $195.34, with a year high of $398.99. The moving average of the firm over 50-days is $379.36, whereas the moving average of the firm over 200-days is $334.24. The market cap of the firm is $14.14 billion, with a beta of 0.94, and a PE ratio of 36.35. The current ratio of the company is 1.97, while the quick ratio has been set at 1.45, with a debt-to-equity ratio fixed at 0.26. 

The company did announce its previous earnings result on the 21st of October. TDY, which usually makes technical and scientific instruments, reported an EPS of $2.48 for the quarter, which comfortably beat out the estimate set by Zacks Investment Research at $2.36. The net margin of the company is fixed at 12.59%, with the return on its equity set at 14.45%. The revenue generated by the business has been $749 million for this quarter, which narrowly missed out on the consensus estimate of $751.85 million. 

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