Teledyne Technologies (TDY) At $181.11 Forms Top; Company Diagnostics (CODX) Shorts Decreased By 21.09%

Teledyne Technologies Incorporated (TDY) formed multiple top with $191.98 target or 6.00% above today’s $181.11 share price. Teledyne Technologies Incorporated (TDY) has $6.42 billion valuation. The stock decreased 1.50% or $2.75 during the last trading session, reaching $181.11. About 219,370 shares traded or 45.04% up from the average. Teledyne Technologies Incorporated (NYSE:TDY) has risen 37.51% since December 29, 2016 and is uptrending. It has outperformed by 20.81% the S&P500.

Company Diagnostics Incorporated (NASDAQ:CODX) had a decrease of 21.09% in short interest. CODX’s SI was 94,300 shares in December as released by FINRA. Its down 21.09% from 119,500 shares previously. With 28,900 avg volume, 3 days are for Company Diagnostics Incorporated (NASDAQ:CODX)’s short sellers to cover CODX’s short positions. The stock decreased 7.40% or $0.23 during the last trading session, reaching $2.88. About 54,014 shares traded. Co-Diagnostics, Inc. (NASDAQ:CODX) has 0.00% since December 29, 2016 and is . It has underperformed by 16.70% the S&P500.

Co-Diagnostics, Inc., a molecular diagnostics company, intends to manufacture and sell reagents used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules. The company has market cap of $35.38 million. It also sells diagnostic equipment from other manufacturers as self-contained lab systems. It currently has negative earnings. The firm develops DNA testing platform, for the detection of disease, genetic disorders, and other conditions.

Among 3 analysts covering Teledyne Tech (NYSE:TDY), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Teledyne Tech had 11 analyst reports since October 6, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Friday, July 7 with “Hold”. The firm has “Neutral” rating by CL King given on Wednesday, July 6. The stock of Teledyne Technologies Incorporated (NYSE:TDY) earned “Hold” rating by Jefferies on Tuesday, September 5. Jefferies maintained the stock with “Hold” rating in Tuesday, June 6 report. The rating was upgraded by Needham to “Buy” on Wednesday, July 5. The stock of Teledyne Technologies Incorporated (NYSE:TDY) earned “Buy” rating by Needham on Friday, November 3. Jefferies maintained the shares of TDY in report on Friday, November 3 with “Hold” rating. The rating was maintained by Jefferies with “Hold” on Friday, July 14. Jefferies maintained Teledyne Technologies Incorporated (NYSE:TDY) on Friday, October 6 with “Hold” rating. The rating was downgraded by Needham on Tuesday, October 6 to “Hold”.

Analysts await Teledyne Technologies Incorporated (NYSE:TDY) to report earnings on February, 1. They expect $1.74 EPS, up 5.45% or $0.09 from last year’s $1.65 per share. TDY’s profit will be $61.66M for 26.02 P/E if the $1.74 EPS becomes a reality. After $1.96 actual EPS reported by Teledyne Technologies Incorporated for the previous quarter, Wall Street now forecasts -11.22% negative EPS growth.

Since August 7, 2017, it had 0 buys, and 4 selling transactions for $2.96 million activity. 4,000 Teledyne Technologies Incorporated (NYSE:TDY) shares with value of $584,800 were sold by Cibik Melanie Susan. AUSTIN ROXANNE S also sold $593,200 worth of Teledyne Technologies Incorporated (NYSE:TDY) on Wednesday, August 30. $882,441 worth of Teledyne Technologies Incorporated (NYSE:TDY) shares were sold by VanWees Jason. LORNE SIMON M had sold 4,958 shares worth $900,559.