Alert: Positive Investment/Fundamental Signals (12/14/23)-Teleflex Inc (NYSE: TFX)


Extremely important positive changes in investment behavior have recently occurred for Teleflex Inc (NYSE: TFX): its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and positive upside/downside volume developed.

Small positive changes in fundamentals have recently occurred for Teleflex Inc (NYSE: TFX): significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

TFX is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Teleflex has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Teleflex has a slightly negative Appreciation Score of 33 and a poor Power Rating of 29, with the Lowest Value Trend Rating the result.

Recent Price Action

Teleflex Inc (NYSE: TFX) stock enjoyed a very large increase of 5.6% on 12/14/23. The shares closed at $256.21. Moreover, this advance was accompanied by unusually high trading volume at 198% of normal. The stock has been weak relative to the market over the last nine months but has risen 11.7% during the last week.

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