Here's Why We Think Teledyne Technologies (NYSE:TDY) Might Deserve Your Attention Today
Here's Why We Think Teledyne Technologies (NYSE:TDY) Might Deserve Your Attention Today
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it currently lacks a track record of revenue and profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
对初学者而言,买入一家向投资者讲述良好故事的公司(即使目前没有收入和利润记录)可能似乎是个好主意(以及令人兴奋的前景)。但正如彼得·林奇在《华尔街胜经》中所说,“冷门股票几乎从来不会有好结果。” 没有经常盈利的公司尚未通过盈利证明自己,最终外部资本的流入可能会枯竭。
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Teledyne Technologies (NYSE:TDY). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business.
尽管处于科技股蓝天投资时代,许多投资者仍然采用更传统的策略;买入像teledyne technologies(纽交所:tdy)这样盈利的公司股票。这并不是说该公司提供了最好的投资机会,但盈利是业务成功的关键组成部分。
Teledyne Technologies' Earnings Per Share Are Growing
Teledyne Technologies的每股收益正在增长。
Generally, companies experiencing growth in earnings per share (EPS) should see similar trends in share price. That means EPS growth is considered a real positive by most successful long-term investors. It certainly is nice to see that Teledyne Technologies has managed to grow EPS by 24% per year over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away satisfied.
一般来说,每股收益(EPS)增长的公司应该看到股价出现类似的趋势。这意味着EPS增长被大多数成功的长期投资者视为真正的积极因素。很高兴看到Teledyne Technologies在过去三年中的每年EPS增长率为24%。如果公司能够保持这种增长速度,我们预计股东们会满意。
Top-line growth is a great indicator that growth is sustainable, and combined with a high earnings before interest and taxation (EBIT) margin, it's a great way for a company to maintain a competitive advantage in the market. It seems Teledyne Technologies is pretty stable, since revenue and EBIT margins are pretty flat year on year. That's not a major concern but nor does it point to the long term growth we like to see.
收入增长是可持续增长的一个很好指标,再加上高营业收入(EBIT)利润率,这是一种公司在市场中保持竞争优势的好方法。看起来Teledyne Technologies相当稳定,因为收入和EBIT利润率在年度之间基本持平。这不是一个主要的问题,但也没有指向我们喜欢看到的长期增长。
In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers.
在下面的图表中,您可以看到该公司随着时间的推移如何增长收入和收益。单击图表以查看确切的数字。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240905/0-ba8cec4e95fa2abaa5b851b767a41dd7-0-b8d2c6085badd4ba814b8db66f5f9f51.png/big)
In investing, as in life, the future matters more than the past. So why not check out this free interactive visualization of Teledyne Technologies' forecast profits?
在投资中,就像在生活中一样,未来比过去更重要。所以,为什么不看看这个免费的互动可视化图表,查看Teledyne Technologies的预测利润呢?
Are Teledyne Technologies Insiders Aligned With All Shareholders?
Teledyne Technologies的内部人士与所有股东的利益是否一致?
We would not expect to see insiders owning a large percentage of a US$20b company like Teledyne Technologies. But thanks to their investment in the company, it's pleasing to see that there are still incentives to align their actions with the shareholders. Notably, they have an enviable stake in the company, worth US$229m. Investors will appreciate management having this amount of skin in the game as it shows their commitment to the company's future.
我们不希望看到内部人士拥有像Teledyne Technologies这样一个200亿美元的公司的大部分股权。但由于他们对公司的投资,高兴地看到他们仍然有动机与股东的行动保持一致。值得注意的是,他们在公司中拥有可观的股权,价值为2,2900万美元。投资者将赞赏管理层在游戏中占有这样的比例,因为这表明他们对公司的未来有承诺。
It's good to see that insiders are invested in the company, but are remuneration levels reasonable? Well, based on the CEO pay, you'd argue that they are indeed. Our analysis has discovered that the median total compensation for the CEOs of companies like Teledyne Technologies, with market caps over US$8.0b, is about US$13m.
看到内部人士投资于公司是件好事,但薪酬水平是否合理呢?根据CEO的薪酬来看,可以说他们确实合理。我们的分析发现,像Teledyne Technologies这样的市值超过80亿美元的公司的首席执行官的中位数总薪酬约为1,300万美元。
Teledyne Technologies' CEO took home a total compensation package of US$1.7m in the year prior to December 2023. First impressions seem to indicate a compensation policy that is favourable to shareholders. While the level of CEO compensation shouldn't be the biggest factor in how the company is viewed, modest remuneration is a positive, because it suggests that the board keeps shareholder interests in mind. Generally, arguments can be made that reasonable pay levels attest to good decision-making.
在2023年12月之前,Teledyne Technologies的首席执行官的总薪酬为170万美元。初步印象似乎表明薪酬政策对股东是有利的。虽然首席执行官的薪酬水平不应该是评估公司的最重要因素,但适度的报酬是积极的,因为它表明董事会考虑到股东的利益。一般来说,合理的薪酬水平表明着良好的决策能力。
Does Teledyne Technologies Deserve A Spot On Your Watchlist?
Teledyne Technologies是否值得加入您的自选股?
For growth investors, Teledyne Technologies' raw rate of earnings growth is a beacon in the night. If you still have your doubts, remember too that company insiders have a considerable investment aligning themselves with the shareholders and CEO pay is quite modest compared to similarly sized companiess. This may only be a fast rundown, but the key takeaway is that Teledyne Technologies is worth keeping an eye on. While we've looked at the quality of the earnings, we haven't yet done any work to value the stock. So if you like to buy cheap, you may want to check if Teledyne Technologies is trading on a high P/E or a low P/E, relative to its industry.
对于成长投资者来说,Teledyne Technologies的盈利增长率是一道灯塔。如果您仍然有疑虑,请记住公司内部人员已经与股东达成了相当大的投资,并且与同规模的公司相比,CEO的薪酬是非常适中的。这只是一个快速概述,但关键是Teledyne Technologies值得关注。虽然我们已经看过了盈利质量,但我们还没有评估这支股票的价值。所以如果您喜欢买便宜的股票,您可能需要检查一下Teledyne Technologies的市盈率是高还是低,与行业相比。
While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in the US with promising growth potential and insider confidence.
尽管不增长收益且没有内部人士购买的股票可能会有回报,但对于重视这些关键指标的投资者来说,以下是在美国具有潜在增长和内部人士信心的经过慎重筛选的公司列表。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
请注意,本文讨论的内部交易是指在相关司法管辖区中报告的交易。
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