Do Wall Street Analysts Like Teledyne Technologies Stock?

Based in Thousand Oaks, California, Teledyne Technologies Incorporated (TDY) provides enabling technologies for industrial growth markets. With a market cap of $20.2 billion, the company serves aerospace and defense, factory automation, environmental monitoring, electronics design and development, oceanographic research, medical imaging, and pharmaceutical research markets.

Shares of this defense and aerospace industry supplier have significantly underperformed the broader market over the past 52 weeks. TDY has gained 1.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 24.8%. In 2024, shares of TDY are down 4.6%, compared to SPX’s 17.6% gain on a YTD basis.