Teleflex Inc
TFX: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$523.00 | Dyrkn | Pgxv |
Teleflex's Tough Year Continues With Relatively Weak Q2, Foreign Exchange Adds to Headwinds
Teleflex had a challenging second quarter driven almost entirely by underperformance of UroLift, which remains the largest individual contributor to the firm’s top line. Our $211 fair value estimate and no-moat rating are unchanged, and shares remain moderately overvalued, in our view.