Home Sectors Healthcare Current Technicals: Teleflex (NYSE: TFX)

Current Technicals: Teleflex (NYSE: TFX)


Teleflex is in the healthcare sector and medical instruments and equipment industry. The company CEO is Liam J. Kelly. Teleflex Inc designs, develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for common diagnostic and therapeutic procedures in critical care and surgical applications.

Previous Intraday Trading Performance:

The TFX stock showed a previous change of 1.09% with an open at 292.47 and a close of 292.84. It reached an intraday high of 292.98 and a low of 284.48.

SeekingAlpha:  Teleflex: An Expensive Stock With Growth Potential


The stock has a market cap of $13.5b with 46.2m shares outstanding, of which the float is 45.0m shares. Trading volume reached 240,988 shares compared to its average volume of 265,813 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Teleflex shares returned 1.44% and in the past 30 trading days it returned 4.65%. Over three months, it changed 0.19%. In one year it has changed 8.13% and within that year its 52-week high was 309.99 and its 52-week low was 226.02. TFX stock is 29.56% above its 52 Week Low.

Our calculations show a 200 day moving average of 269.76 and a 50 day moving average of 294.25. Currently TFX stock is trading 8.56% above its 200 day moving average.

SeekingAlpha:  Teleflex: An Expensive Stock With Growth Potential


The last annual fiscal EPS for the company was reported at 4.29 that ended on 31st of December 2018, which according to the previous close, that is a PE of 68.26. Based on 7 analyst estimates, the consensus EPS for the next quarter is 2.17. The TTM EPS is 9.91, which comes to a TTM PE of 29.55. Historically, the PE high was 88.30 and the PE low was 24.60. If the stock reached its PE low, that would represent a price of 243.79, which is a decrease of -16.75%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): 0.87
4thQtr of 2018 (Reported on 02/21/2019): 1.93
3rdQtr of 2018 (Reported on 11/01/2018): 1.21
2ndQtr of 2018 (Reported on 08/02/2018): -0.05
1stQtr of 2018 (Reported on 05/03/2018): 1.20

The dividend per share is currently 1.36, which is a dividend yield of 0.47%. Also, the payout ratio is 13.72%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 249.06, which means it may be overvalued by -17.58%.

Indicators to Watch:

Short-interest was 950,713, which was 2.06% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.29. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.95.

SeekingAlpha:  Stock Exchange: Technicals Could Be Warning ‘Look Out Below’

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 7.57%, return on assets is 3.09%, profit margin is 7.57%, price-to-sales is 5.40 and price-to-book is 5.20.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 1  :Past Performance Score
 2  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.