TFX - Teleflex Incorporated

NYSE - NYSE Delayed Price. Currency in USD
257.92
+3.22 (+1.26%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close254.70
Open257.13
Bid257.10 x 800
Ask258.13 x 800
Day's Range255.26 - 259.46
52 Week Range226.02 - 288.78
Volume607,836
Avg. Volume511,095
Market Cap11.86B
Beta (3Y Monthly)1.19
PE Ratio (TTM)177.39
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.36 (0.53%)
Ex-Dividend Date2018-11-14
1y Target EstN/A
Trade prices are not sourced from all markets
  • InvestorPlace6 hours ago

    Here’s Why Markets Are Willing To Value Teleflex Stock At A Premium

    After trading at a "double bottom" at around $230, Teleflex Inc. (NYSE:TFX) attracted more buying activity after presenting at the JPMorgan Chase (NYSE:JPM) health care conference in early January. The firm has a strong, steady business in selling supplies to emergency care facilities. And while the TFX stock price reflects the growth expectations after closing at ~$260, investors should look at this medical instruments provider. Teleflex generated sales of $2.15 billion in FY 2017. In Q3/2018, revenue grew by 5.6% in a period that is usually seasonally weak. Teleflex forecast Q4 performance and estimated it will grow 5%-5.5% for the full-year 2018. Management is on track with its business growth plan. Its acquisition of UroLift brought in $49 million in revenue, up 45% year-on-year. The prostate treatment unit accomplished growth despite supply issues during the second quarter. Adjusted gross and operating margins was 57% and 26%, respectively. For the year, Teleflex believes EPS will come in at between $9.80 to $9.95. This values TFX stock at a 26 times forward earnings. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks at Risk of the Global Smartphone Slowdown Teleflex is expected to report fourth-quarter earnings on January 31 before market open. ### Growth From Acquisitions Markets are willing to value TFX stock at a premium because of the company's global growth ambitions. For example, NeoTract is another acquisition that will add 3% to the company's fourth-quarter revenue. With NeoTract's urology devices and Vascular Solutions adding positively to performance, Teleflex forecasts organic revenue growing 6% to 7% for the next three years (through to 2021). Growth in China is a notable achievement. While firms in the technology sector faced a slowing business in the region, Teleflex bucked the trend. Revenue expanded by around 14%, driven primarily by the decision to take the business direct in 2017. This led to higher sales volume. It stands to reason that if U.S.-China trade relations improve, Teleflex will benefit indirectly. ### 4 Levers to Sustain Growth Besides strategic mergers and acquisition activity, Teleflex has four ways to sustain and consistent growth. It's investing in key disease states, launching new products, growing utilization of its products, and leveraging its global infrastructure. If all of these catalysts play out, markets will treat TFX stock as a high-growth company, not just a medium-growth one. Investors have a single measure that differentiates Teleflex's growth: the rate of operating margin expansion. Teleflex has identified catheter complications, anesthesia, and percutaneous laparoscopy as a few key disease states and markets. In many ways, this market is immune to economic health because demand for the medical instruments will not change. * 7 Retail Stocks to Buy for the Rise of Menswear There's also a strong management team running Teleflex. It has a good track record of creating value from its acquisitions. Essential Medical and QT Vascular were its latest acquisitions, done in 2018. Still, the company faces external risks that are out of its control. Unfavorable exchange rates and tariffs on China resulted in operating margins getting trimmed very slightly. Once the U.S. and China reach a trade deal, Teleflex may raise its profit expectations for the next few years. ### Bottom Line on TFX Stock Analyst opinions are one way to get an idea of what Teleflex stock is worth. According to Tipranks, four analysts covering the stock have a price target of $310, implying an upside of 20%. The dearth of mainstream coverage on the company is potentially positive: not many investors will know about TFX stock. Conversely, its presentation at JP Morgan attracted many buyers, as trading volume topped 10 million shares recently. As of this writing, the author did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post Here's Why Markets Are Willing To Value Teleflex Stock At A Premium appeared first on InvestorPlace.

  • Markit2 days ago

    See what the IHS Markit Score report has to say about Teleflex Inc.

    # Teleflex Inc ### NYSE:TFX View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for TFX with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Positive ETF activity is positive but appears to be weakening. Over the last month, growth of ETFs holding TFX is favorable, with net inflows of $8.20 billion. This is among the highest periods of net inflows seen over the last one-year, but the rate of additional flows appears to be decreasing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • InvestorPlace5 days ago

    The Fate of PG&E Stock Reminds Us to Treat Utilities Differently

    Wildfires caused by PG&E Corporation (NYSE:PCG) appear to now consume PCG stock. This utility finds itself in trouble as its negligence led to numerous wildfires across northern California. As a result, PCG stock is now in freefall. In its descent, PCG has exhibited the one trait one never wants to see in a utility stock -- instability. ### RIP PCG Stock I usually think "opportunity" when I hear about instability in most stocks. I often see a scandal or a setback in an equity and think "buying opportunity." Events such as a big earnings miss, an unexpected CEO departure, a sex scandal, or the like often hit companies. Stockholders often react overreact to such occurrences, selling off a stock much more than the ensuing event justifies. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The lows of the financial crisis serve as a great example. Investors who bought into the S&P 500 near its March 2009 low of 611 benefited from huge profits once the negative feelings abated. Not this time. * 7 Stocks to Buy as the Dollar Weakens PCG stock lost more than 40% of its value on Monday. After Monday, the freefall continued. Since early October, Pacific Gas & Electric stock has lost more than 85% of its value. Negligence by PG&E over poorly maintained power lines sparked wildfires causing billions in property damage. Sadly, many also perished in these fires. This will not go away with a few million in payoffs or a better earnings report in the next quarter. Given the magnitude of the financial damages PCG stock faces, bankruptcy remains its only viable option. As of this writing, PCG trades in the single digits and continues to fall. Another shoe dropped as the S&P Dow Jones Indices announced Teleflex (NYSE:TFX) would replace PCG stock in the S&P 500 on Jan. 18. ### Utility Stocks Require a Different Investor Mindset The issues go well beyond mere company negligence. The company also violated a rarely discussed assumption. PCG stock represents a utility. Nobody invests $5,000 in a utility in hopes of finding the next Amazon (NASDAQ:AMZN) and getting rich. Investors buy a utility stock to benefit from a stable, slow-growth equity that yields dividend income. More than that, investors expect these companies to define stability. These firms rarely face competition when they own the infrastructure. Their profit growth tends to mirror household formation increases and inflation. These firms often generate healthy dividends, but little else in the way of news. Peers such as NextEra Energy (NYSE:NEE), Duke Energy (NYSE:DUK) and Southern Company (NYSE:SO) quietly keep the power on, collect profits and pay dividends. If anything displaces a utility, one expects it would entail a technological shift such as the solar roof from Tesla (NASDAQ:TSLA). Few expect widespread negligence to take such a company down. However, PCG has become the exception. Looking back, the 2000 film Erin Brockovich should have served as a clue of the chronic issues that persist with PG&E. The negligence that caused the lawsuit discussed in that movie did nothing to change the company. As a result, PG&E faces another bankruptcy. Now, investors have to rethink whether the Warren Buffett mantra of "buy when there's blood in the streets" (or in California's case, when there's fire) should apply to utilities. * Top 10 Global Stock Ideas for 2019 From RBC Capital ### Final Thoughts on PCG Stock Due to its negligence, Pacific Gas & Electric reminded us that the instability we might tolerate from most equities has no place in a utility stock like PCG. More often than not, mistakes or unexpected setbacks create buying opportunities in stocks. However, with the essential role utilities play, instability can easily destroy such a company. This has become the case with PCG stock. Now, bankruptcy has become the company's only option. Bottom line, utilities should draw little attention. PCG stock broke that cardinal rule in the most outrageous manner imaginable. Now, bankruptcy courts will decide the fate of PG&E. It goes without saying that those who own this equity should get out before its lights out. More importantly, it reminds us that utility stocks should generate dividends, not attention. As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Top 10 Global Stock Ideas for 2019 From RBC Capital * 10 A-Rated Stocks the Smart Money Is Piling Into * 5 Best Bank ETFs for This Week's Earnings Avalanche Compare Brokers The post The Fate of PG&E Stock Reminds Us to Treat Utilities Differently appeared first on InvestorPlace.

  • PG&E to get pulled out of S&P 500, shares near 2001 lows
    Reuters5 days ago

    PG&E to get pulled out of S&P 500, shares near 2001 lows

    ** Embattled power utility company PG&E Corp will be replaced by healthcare equipment maker Teleflex Inc in the S&P 500 on Friday ** PG&E shares were down 4.1 pct, trading near 2001 lows following its ...

  • TheStreet.com5 days ago

    PG&E to Replaced by Teleflex in the S&P 500

    will be replaced by S&P midcap constituent Teleflex Inc. in the S&P 500 on Friday, as PG&E has said it intends to file for bankruptcy amid lawsuits stemming from its role in the California wildfires in 2017 and 2018. Teleflex shares were down 2% in trading while PG&E shares fell 3.2%.

  • MarketWatch6 days ago

    Teleflex to replace PG&E in the S&P 500 on Friday

    Teleflex Inc. , a single-use medical devices company, will replace PG&E Corp. in the S&P 500 effective Jan. 18, the S&P Dow Jones Indices announced Tuesday. The changes come as PG&E indicated its intention to file for Chapter 11 bankruptcy later this month and is no longer eligible for inclusion in the large-cap index. Meanwhile, Green Dot Corp. , a personal finance company, will take Teleflex's spot in the S&P MidCap 400 while Mercer International Inc. will replace Green Dot in the S&P SmallCap 600 ahead of Friday's opening.

  • Read This Before Judging Teleflex Incorporated’s (NYSE:TFX) ROE
    Simply Wall St.6 days ago

    Read This Before Judging Teleflex Incorporated’s (NYSE:TFX) ROE

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...

  • Markit12 days ago

    See what the IHS Markit Score report has to say about Teleflex Inc.

    # Teleflex Inc ### NYSE:TFX View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is low for TFX with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding TFX is favorable, with net inflows of $13.89 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • GuruFocus.com19 days ago

    Weekly CFO Sells Highlight

    Recent sells from company CFOs

  • Simply Wall St.last month

    Is Teleflex Incorporated (NYSE:TFX) Worth US$256 Based On Intrinsic Value?

    In this article I am going to calculate the intrinsic value of Teleflex Incorporated (NYSE:TFX) by taking the expected future cash flows and discounting them to their present value. This Read More...

  • Hedge Funds Are Dumping Teleflex Incorporated (TFX)
    Insider Monkeylast month

    Hedge Funds Are Dumping Teleflex Incorporated (TFX)

    Before we spend many hours researching a company, we’d like to analyze what insiders, hedge funds and billionaire investors think of the stock first. We would like to do so because the elite investors’ consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors and hedge funds think of […]

  • Teleflex (TFX) Up 4.5% Since Last Earnings Report: Can It Continue?
    Zacks2 months ago

    Teleflex (TFX) Up 4.5% Since Last Earnings Report: Can It Continue?

    Teleflex (TFX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • See what the IHS Markit Score report has to say about Teleflex Inc.
    Markit2 months ago

    See what the IHS Markit Score report has to say about Teleflex Inc.

    The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Teleflex (TFX) Q3 Earnings Surpass Estimates, EPS View Up
    Zacks3 months ago

    Teleflex (TFX) Q3 Earnings Surpass Estimates, EPS View Up

    Teleflex (TFX) consistently rides high on a robust uptick in revenues, backed by stable segmental growth and solid geographical expansions.

  • Teleflex Inc. (TFX) Q3 2018 Earnings Conference Call Transcript
    Motley Fool3 months ago

    Teleflex Inc. (TFX) Q3 2018 Earnings Conference Call Transcript

    TFX earnings call for the period ending September 30, 2018.

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of TFX earnings conference call or presentation 1-Nov-18 12:00pm GMT

    Q3 2018 Teleflex Inc Earnings Call

  • Associated Press3 months ago

    Teleflex: 3Q Earnings Snapshot

    The Wayne, Pennsylvania-based company said it had net income of $1.21 per share. Earnings, adjusted for amortization costs and restructuring costs, were $2.52 per share. The results topped Wall Street ...

  • See what the IHS Markit Score report has to say about Teleflex Inc.
    Markit3 months ago

    See what the IHS Markit Score report has to say about Teleflex Inc.

    To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Teleflex's Latest Essential Medical Buyout to Broaden Suite
    Zacks3 months ago

    Teleflex's Latest Essential Medical Buyout to Broaden Suite

    Teleflex (TFX) acquires Essential Medical to strengthen hold in the high-potential structural heart and endovascular aneurysm repair markets.

  • Simply Wall St.4 months ago

    At US$271, Is It Time To Put Teleflex Incorporated (NYSE:TFX) On Your Watch List?

    Today we’re going to take a look at the well-established Teleflex Incorporated (NYSE:TFX). The company’s stock saw a double-digit share price rise of over 10% in the past couple of Read More...

  • InvestorPlace4 months ago

    5 Things to Know About Teleflex Stock

    Shares of Teleflex (NYSE:TFX) are flat so far in 2018 thanks to a quick decline in early August — one that interrupted Teleflex stock’s more or less steady upward movement, which investors had enjoyed since 2011. For those less familiar, Teleflex is a medical technology company with vascular, surgical and anesthesia products –v85% of which it sells directly to hospitals and healthcare providers, according to TFX’s 2017 annual report. Teleflex stock has regained a lot of what was loss already, but it’s still down slightly from 52-week highs.

  • What Teleflex’s Valuation Trend Indicates
    Market Realist4 months ago

    What Teleflex’s Valuation Trend Indicates

    From January 2–28, 2018, Teleflex (TFX) stock rose from $254.73 to $287.65, which was its high point so far in 2018. During the broader market turmoil in February, it dipped to a low of $242.67 on March 1. Then it made a steady recovery to $280 in June but has corrected again to its current level of $248.

  • Analysts Still Bullish on Teleflex Stock
    Market Realist4 months ago

    Analysts Still Bullish on Teleflex Stock

    Teleflex’s (TFX) interest expenses increased from $19.89 million in the second quarter of 2017 to $26.65 million in the second quarter of 2018. Its income taxes, on the other hand, decreased from $12.1 million in the second quarter of 2017 to $9.58 million in the second quarter of 2018.

  • Analyzing Teleflex’s Top-Line Trend
    Market Realist4 months ago

    Analyzing Teleflex’s Top-Line Trend

    Teleflex (TFX) is a global medical technology company that develops and commercializes medical devices for critical care and surgical applications. In June, Teleflex acquired certain assets of QT Vascular, a developer of coronary balloon catheters, for a consideration of $20.6 million. Teleflex generated total revenues of $609.9 million in the second quarter of 2018 compared to $528.6 million in Q2 2017.

  • Understanding Teleflex’s Operational Performance
    Market Realist4 months ago

    Understanding Teleflex’s Operational Performance

    Teleflex’s (TFX) geographic segments include the United States, Europe, Asia, and other. Teleflex incurred a total cost of sales of $265.09 million in the second quarter of 2018 compared to $238.3 million in the second quarter of 2017. For fiscal 2018, Teleflex’s gross margins are expected to be 57.56% compared to 55.76% for fiscal 2017.