Teledyne Technologies (TDY) 1% Above Fair Value After Defense And Space Wins? – simplywall.st

Teledyne Technologies (TDY) 1% Above Fair Value After Defense And Space Wins?  simplywall.st

Teledyne Technologies (TDY) has been busy. New contracts in European unmanned systems, fresh imaging hardware on European Space Agency missions, and a 3D Time-of-Flight camera launch are all nudging investors to reassess the stock. Recent contract wins and space imaging deployments sit against a mixed tape for Teledyne Technologies, with the share price at US$609.08 after a 1-day share price return of 0.93% and a 7-day share price return of 2.00%, yet down 4.26% over 30 days and slightly… Teledyne Technologies (TDY) has been busy. New contracts in European unmanned systems, fresh imaging hardware on European Space Agency missions, and a 3D Time-of-Flight camera launch are all nudging investors to reassess the stock.

Recent contract wins and space imaging deployments sit against a mixed tape for Teledyne Technologies, with the share price at US$609.08 after a 1-day share price return of 0.93% and a 7-day share price return of 2.00%, yet down 4.26% over 30 days and slightly lower over 90 days. Despite that short-term softness, the year-to-date share price return of 17.41% and a 3-year total shareholder return of 46.81% point to momentum that has been building over a longer stretch, supported by periodic news such as the Jefferies conference appearance and fresh product launches. Compare Teledyne Technologies' contract wins and space exposure with other specialist industrials by scanning