Teleflex (TFX) Scheduled to Post Quarterly Earnings on Thursday

Teleflex (NYSE:TFX) will be announcing its earnings results before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of $2.41 per share for the quarter.

Teleflex (TFX) opened at $260.96 on Thursday. The company has a current ratio of 4.72, a quick ratio of 3.70 and a debt-to-equity ratio of 0.88. Teleflex has a 12-month low of $175.68 and a 12-month high of $288.78. The stock has a market capitalization of $11,496.57, a price-to-earnings ratio of 46.52, a PEG ratio of 1.88 and a beta of 1.15.

In other Teleflex news, CEO Benson Smith sold 2,000 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $258.10, for a total value of $516,200.00. Following the sale, the chief executive officer now directly owns 76,634 shares of the company’s stock, valued at $19,779,235.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director George Babich, Jr. sold 2,500 shares of the company’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $283.11, for a total transaction of $707,775.00. Following the completion of the sale, the director now directly owns 9,581 shares in the company, valued at $2,712,476.91. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,100 shares of company stock worth $2,671,994. 2.39% of the stock is owned by insiders.

TFX has been the topic of several research reports. Leerink Swann reissued a “buy” rating and issued a $321.00 target price (up from $307.00) on shares of Teleflex in a research report on Tuesday, January 30th. Stephens reissued a “buy” rating and issued a $300.00 target price on shares of Teleflex in a research report on Thursday, January 18th. Jefferies Group upped their target price on Teleflex from $270.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Needham & Company LLC upped their target price on Teleflex from $237.00 to $285.00 and gave the company a “buy” rating in a research report on Friday, November 3rd. Finally, Morgan Stanley upped their target price on Teleflex from $274.00 to $290.00 and gave the company an “equal weight” rating in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $283.89.

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Teleflex Company Profile

Teleflex Incorporated is a provider of medical technology products. The Company designs, develops, manufactures and supplies single-use medical devices used by hospitals and healthcare providers for diagnostic and therapeutic procedures in critical care and surgical applications. The Company operates through six segments: Vascular North America; Anesthesia North America; Surgical North America; Europe, the Middle East and Africa (EMEA); Asia, and Original Equipment Manufacturer (OEM).

Earnings History for Teleflex (NYSE:TFX)

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