Investors interested in Medical - Instruments stocks are likely familiar with Teleflex (TFX) and Edwards Lifesciences (EW) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revis ...

• Highlights include new safety and efficacy data of Barrigel™ rectal spacer, the first and only sculptable rectal spacer1-3 • Teleflex to host Barrigel™ Educational Symposium featuring a physician panel discussion on the Science of Personalized Spacing with Barrigel™ rectal spacer WAYNE, Pa., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technologies, today announced three clinical studies4-6 focused on its Barrigel™ rectal spacer are to be prese ...

Core Viewpoint - The comparison between Teleflex (TFX) and Edwards Lifesciences (EW) indicates that TFX currently offers better value for investors based on various financial metrics and analyst outlooks [1][3][7]. Group 1: Zacks Rank and Analyst Outlook - Teleflex has a Zacks Rank of 2 (Buy), while Edwards Lifesciences has a Zacks Rank of 3 (Hold), suggesting a more favorable earnings estimate revision trend for TFX [3]. - The Zacks Rank system emphasizes companies with positive estimate revision trends, which is a key factor for value investors [2]. Group 2: Valuation Metrics - TFX has a forward P/E ratio of 17.59, significantly lower than EW's forward P/E of 24.80, indicating that TFX may be undervalued relative to EW [5]. - The PEG ratio for TFX is 2.23, while EW's PEG ratio is 2.79, suggesting TFX has a more favorable growth-adjusted valuation [5]. - TFX's P/B ratio is 2.54 compared to EW's P/B of 5.40, further supporting TFX's more attractive valuation metrics [6]. Group 3: Overall Value Assessment - Based on the analysis of various valuation metrics, TFX holds a Value grade of B, while EW has a Value grade of C, reinforcing the conclusion that TFX is the superior option for value investors at this time [6][7].

Teleflex's (TFX) robust performance in the Interventional product line is poised to help it grow in the upcoming quarters. The Urolift system is seeing consistent growth in hospitals, with positive trial results further enhancing its market position for benign prostatic hyperplasia (BPH) treatment. The densely populated markets in Asia also present a promising opportunity for growth. However, the impact of macroeconomic challenges and currency fluctuations remains concerning for the company. In the past yea ...

Investors interested in Medical - Instruments stocks are likely familiar with Teleflex (TFX) and Penumbra (PEN) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with ...

WAYNE, Pa., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Liam Kelly, Chairman, President and CEO, Teleflex Incorporated (NYSE: TFX), is scheduled to speak at the Morgan Stanley 22nd Annual Global Healthcare Conference at the Marriott Marquis New York, on Friday, September 6, 2024, at 7:45 a.m. (ET). A live audio webcast of the conference presentation will be available on the investor section of the Teleflex website at teleflex.com. About Teleflex Incorporated As a global provider of medical technologies, Teleflex is d ...

Investors interested in Medical - Instruments stocks are likely familiar with Teleflex (TFX) and Edwards Lifesciences (EW) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks ...

Financial Data and Key Metrics Changes - For Q2 2024, Teleflex reported revenues of $749.7 million, a 0.9% increase year-over-year on a GAAP basis. Adjusted revenues, excluding the Italian payback measure, were $763.5 million, up 2.7% year-over-year [7][8] - Adjusted earnings per share for the second quarter was $3.42, reflecting a 0.3% increase year-over-year [20][28] - Adjusted gross margin was 60.8%, a 180 basis point increase compared to the prior year [19][28] Business Line Data and Key Metrics Changes - Vascular access revenues increased 4.8% year-over-year to $181.1 million [10] - Interventional revenues rose 13.8% year-over-year to $141.2 million, driven by strong performance in various product lines [11] - Anesthesia revenues increased 2.3% year-over-year to $102.5 million [12] - Surgical business revenues grew 6.4% year-over-year to $111.3 million, with notable growth in instrumentation and chest drainage [12] - Interventional urology revenues increased 7.1% year-over-year to $83.1 million, driven by Barrigel revenue following the acquisition of Palette Life Sciences [12] Market Data and Key Metrics Changes - Americas revenues were $426.8 million, a 0.6% increase year-over-year [8] - EMEA revenues increased 9.8% year-over-year to $160.9 million, attributed to improved product availability and utilization [9] - Asia revenues were $87 million, a 4% increase year-over-year, impacted by a doctors' strike in South Korea [9] Company Strategy and Development Direction - The company is focusing on expanding its manufacturing capacity for intra-aortic balloon pumps and catheters to meet increased demand [15] - Teleflex is committed to a disciplined capital allocation strategy, including a $500 million share repurchase program while continuing to pursue M&A opportunities [22][23] - The acquisition of Palette Life Sciences is performing above expectations, with revenue guidance for Palette increased to $70 million to $72 million for 2024 [17][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth potential from intra-aortic balloon pumps, anticipating incremental revenue in Q4 2024 and into 2025 [25][30] - The company expects to see continued growth in Asia and is optimistic about maintaining market share in the intra-aortic balloon pump market [15][34] - Management highlighted the importance of innovation and product launches in driving future growth [30][54] Other Important Information - The company recognized a $15.8 million increase in reserves related to the Italian payback measure, impacting revenue within the EMEA segment [6][7] - Cash flow from operations for the first half of 2024 was $204.5 million, an increase from $170.6 million in the prior year [20] Q&A Session Summary Question: Update on Intra-Aortic Balloon Pumps - Management noted strong quote activity following FDA communications and expects significant market share gains in the coming quarters [33][34] Question: Margin Profile of Intra-Aortic Balloon Pumps - The margin profile for the initial pump sales is slightly dilutive, while subsequent catheter sales are expected to be accretive [37][66] Question: M&A Strategy and Share Buyback - Management clarified that the share repurchase program does not signal a shift away from M&A; both strategies will continue concurrently [36][61] Question: Interventional Urology Business Update - The interventional urology segment is expected to improve in the second half of the year, driven by the performance of Barrigel and the completion of sales rep training [49][56]

Teleflex Incorporated Second Quarter 2024 Earnings Conference Call 8/1/2024 Telefle Empowerin Conference Call Logistics | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | The release, accompanying slides, and replay webcast are available online at www.teleflex.com (click on Investors) | | | | | | | An audio repla ...