Teleflex Inc
TFX: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$472.00 | Cjxb | Hdvq |
Teleflex Earnings: In-Line Results and Guidance; Shares Fairly Valued
Teleflex reported second-quarter earnings that were in line with expectations, with especially strong performance in its interventional segment. Although management issued minor changes to its full-year guidance, it is largely in line with previous targets. We maintain our fair value estimate of $225 per share and view the stock as fairly valued.