Teleflex Inc

TFX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$981.00	Lmzns	Gqnwy

Teleflex Earnings: Maintaining Fair Value as Solid Year-End Results Set Stage for Normalized Growth

Debbie Wang ,

Feb 22, 2024

No-moat Teleflex posted solid fourth-quarter results in line with our expectations. We are maintaining our $211 fair value estimate. With inflation, supply chain challenges, and utilization disruptions winding down, we believe Teleflex’s broad portfolio can support a stable longer-term growth trend. Despite the 5% post-earnings price drop, we still think the stock is overvalued.

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