Teleflex Incorporated (NYSE:TFX) Given Price Target Of $192.25


As per Teleflex Incorporated (NYSE:TFX)’s news release on 2016-07-28, its shareholders will get cash dividend of $0.34 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-15 and 2016-09-15, respectively.

The stock will commence trading ex-dividend from 2016-08-11, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Teleflex Incorporated (NYSE:TFX) disbursed $0.34 in dividend compared to distribution of $0.34, a year ago.

It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 0%.

Analyst Perspective

The sell-side market professionals who track the firm’s financial and technical parameters have estimated Teleflex Incorporated (NYSE:TFX) to attain a price target of $192.25. It is an average estimate figure given by 8 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $205. The low price range is set at $185 for next year while the arithmetic mean is seen at 1.8.

Eyeing Earnings Teleflex Incorporated (NYSE:TFX) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $1.79 for the period ending on 2016-09-30.

In last quarter ended 2015-12-31, Teleflex Incorporated (NYSE:TFX) earnings came at $1.89 suggesting a deviation of $0.16. The brokerages targeted EPS of $1.73 for the quarter.

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