Teledyne Technologies: Very Good Quality, But Overvalued

Evin Rohrbaugh
1.03K Followers

Summary

  • Teledyne Technologies Incorporated is a technology company specializing in digital imaging, instrumentation, aerospace and defense technology, and engineered systems.
  • The company has a history of successful capital allocation and has delivered impressive compounded returns since its spinoff in 1999.
  • However, there are concerns about the company's heavy debt load and high valuation, leading to a "hold" rating for the stock.

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Teledyne Technologies Incorporated (NYSE:TDY) is an American technology company that today specializes in digital imaging, instrumentation, aerospace and defense technology, and engineered systems. The original Teledyne has a storied history as one of the prominent conglomerates in the

This article was written by

1.03K Followers
I am an independent analyst and investor interested in investing at the intersection of value and growth. My method is a highly qualitative focus on mostly small caps, looking for both long term compounders as well as some special situations. On Twitter @GrowthyValue

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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